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|Weekly News and Opinion from Ohio's Newspapers|
September 6 - 12, 2011
|Welcome to the latest issue of Economic News from Ohio's Regions, a regular weekly newsletter from the Maxine Goodman Levin College of Urban Affairs and Cleveland State University. We'll search Ohio's papers to bring you economic news and key happenings that impact Ohio's regions.|
|Business groups hope study of Ohio's potential oil and gas boom shows fuel for economic growth|
(The Plain Dealer, September 6, 2011)
Researchers at three Ohio colleges and universities are studying the potential for an oil-and-gas-fueled economic boom. Preliminary results of the study, a survey of roughly 30 oil and gas companies, might be available later this month. The final report, including projections of drilling and production activity in the state, will be finished by year's end.
Editorial: Extra money in public treasury is not a surplus in these times
(Youngstown Vindicator, September 6, 2011)
If the projections of the auditor's office hold firm, Mahoning County government will end the year with a $363,478 surplus in its operating budget. That will be quite an accomplishment, given the slow recovery of the national economy from the recession that began in late 2008, and the high unemployment rate in this region.
Toledo economy shows growth
(Toledo Blade, September 6, 2011)
The Toledo area economy has shown steady improvement over the last year, but its leading economic indicators still lag those of bigger metro areas in Ohio, a new study shows.
New report charts Ohio's push toward 'green' jobs
(Athens news, September 7, 2011)
According to project manager Zachary Holl, these reports will help to more clearly define "green" professions. "Among the general population, the definition of a 'green job' is unclear to a lot of folks," he said in a release from the university. "Hopefully, this report will help those that are interested to get a better understanding of what is a green job."
Detour on the road to recovery
(Cincinnati Enquirer, September 7, 2011)
Jobs are growing locally in health care and social work.
But they're down by the tens of thousands in many more sectors - with construction, retail and manufacturing leading the fall three years after the recession first took hold.
Ohio business reacts to President Obama's economic plan
(Ohio News Network, September 9, 2011)
Graeter likes part of President Barack Obama's jobs plan which would offer businesses a $4,000 tax credit if they hired someone who's been unemployed for more than six months.
Ohio renewable energy law in danger
(Toledo Blade, September 9, 2011)
Ohio's mandate that utilities find a quarter of their power from renewable and advanced technology sources by 2025 would become a thing of the past under a bill introduced this week.
Editorial: Higher education must be kept affordable in Ohio
(Salem News, September 9, 2011)
Higher education is good for individuals and their families, but also for the economy as a whole, Ohio Board of Regents Chancellor Jim Petro pointed out in a recent speech. But like so many good things, it comes at a price some people simply cannot afford.
Gas boom could create Ohio jobs
(Dayton Daily News, September 10, 2011)
Ohio appears on the cusp of a 21st-century oil and gas boom that could net tens of thousands of new jobs and perhaps build a foundation for new industry, proponents say. The source is natural gas-rich shale rock beneath three-quarters of the state.
Editorial: Downtown plan needs a private boost
(The Plain Dealer, September 10, 2011)
Nearly $1 billion in construction is in the works on the north and south ends of the square (a convention center and medical mart to the north, a casino to the south). But they won't meet their potential unless downtown's public spaces are made safer, more attractive and more user-friendly.
New study says jobs out of balance
(Cincinnati Enquirer, September 10, 2011)
Too few adults in Greater Cincinnati and Northern Kentucky are educated in growing job sectors, a disparity that threatens to stall the region's recovery and lead to a long run of high unemployment, a new report out today says
Ohio foreign trade division's status unclear
(Dayton Daily News, September 12, 2011)
Foreign trade last year accounted for more than $41 billion of Ohio's economy, but some Dayton-area business owners are concerned that a valuable tool to help companies succeed in the global marketplace could disappear as Gov. John Kasich's administration reorganizes the trade-promotion functions of the Ohio Department of Development.
Editorial: Bragging rights
(Columbus Dispatch, September 12, 2011)
Now, scores of community leaders - from businesses of all sizes, governments, nonprofits, colleges and cultural organizations - are supporting Columbus 2020, a regional economic-development initiative, to focus all of the area's considerable strengths on winning the battle for jobs and prosperity over the next decade.