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Weekly News and Opinion from Ohio's Newspapers
August 31 - September 5, 2010
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| Greetings! | | Welcome to the latest issue of Economic News from Ohio's Regions, a new 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.
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Land bank on agenda for County officials (Toledo Blade, August 31, 2010) Lucas County would get a land bank - the second of
its kind in Ohio - aimed at turning the county's growing inventory of
abandoned and foreclosed property to good use, under legislation pending
before the county board of commissioners this morning.
Incentives lure steel business to Columbus (Columbus Dispatch, August 31, 2010) An Arizona-based wire-mesh and steel company plans to establish a plant in Columbus that will
employ 120, and it received a state tax credit yesterday to aid in the process.
Editorial: Local Resistance (Akron Beacon Journal, September 1, 2010) No surprise the Ohio Commission on Local Government Reform and
Collaboration, dominated by local officials, advanced a modest agenda
last week. Tougher measures would mean the end of some of the state's
4,000 taxing authorities and the officials who run them.
Report sees local economy improving (Cincinnati Business Courier, September 1, 2010)The Cincinnati Purchasing
Management Index had a reading of 59.0 in August,
which was an improvement from 54.9 last month. Anything above 50 on the
index is a sign of economic growth.
Editorial: Support the work of Ohio's farmers (Newark Advocate, September 2, 2010) Farming is among the world's oldest occupations, and centuries later,
the growing of crops and tending of livestock remains a strong and
vibrant industry in our state. Agriculture contributes tens of billions
of dollars each year to Ohio's economy and provides jobs for many
residents.
Area's nuclear future touted during development breakfast (Chillicothe Gazette, September 2, 2010) The future of nuclear energy and the jobs it could bring to southern
Ohio were the major topics of discussion at Wednesday's Insider Outlook
breakfast.
Grant for medical research (Akron Beacon Journal, September 3, 2010) The state recently awarded more than $2.6 million to the Austen
BioInnovation Institute in Akron and other partners to develop medical
sensors for amputees, diabetics and patients with other health problems.
Editorial: Planting new jobs for the city's future: Brent Larkin (The Plain Dealer, September 5, 2010) Imagine a major new business for Northeast Ohio -- one that creates more than 18,000 new jobs. As an added side benefit, the new business might reduce obesity,
increase the region's average life expectancy and find a suitable use
for some of that vacant land piling up in Cleveland's neighborhoods.
Ranks of those who need shelter on the rise (Toledo Blade, September 5, 2010) What's clear is that, despite some signs of
improvement in the nation's economy, the situation for Toledo's most
vulnerable residents is only getting worse.
Ohio ranks 9th in US job losses (Dayton Daily News, September 6, 2010) The three Ohio metro areas with the highest percentage of job losses -
Youngstown-Warren-Boardman, 10.9 percent, Toledo, 10.6 percent and
Dayton, 9.2 percent - were impacted by the turmoil at GM and Chrysler,
said economist Ned Hill of Cleveland State University.
Developers want to see another exit from I-71 (Columbus Dispatch, September 6, 2010) Delaware County officials hope that a new interchange on I-71 will help both traffic and economic development flow more freely
into the area.
Merge local-level operations, panel says (Columbus Dispatch, September 6, 2010) 85 percent of Ohio tax money is passed to the local level - to cities,
townships, libraries, schools, county offices and universities,
and for property-tax relief - the function of local government is a
major part of the equation.
Manufacturing enters a new age (Cincinnati Enquirer, September 6, 2010) Nearly 38,000 manufacturing jobs have been lost in Greater Cincinnati
and Northern Kentucky over the past 10 years, but this industry is far
from dying.
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