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Maxine Goodman Levin College of Urban Affairs, Cleveland State University
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Weekly News and Opinion from Ohio's Newspapers
September 11 - 17, 2012

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.

Shale gas industry: Jobs coming
(Mansfield News Journal, September 13, 2012)
The coalition's study estimates development of shale will create or support at least 65,680 jobs by 2014. Wages and benefits for workers is expected to grow to $3.3 billion in 2014, as the average income of jobs is expected to be more than $50,000 per year.

Port to redevelop former Swifton Commons site
(Cincinnati Enquirer, September 13, 2012)
Three weeks after announcing it was unable to reach a deal with a church to develop one of the city's high-profile sites, the Port of Greater Cincinnati Development Authority is partnering with another church to revitalize a different high-profile site in the same neighborhood.

Will developers flock to project in Liberty Twp.?
(Cincinnati Enquirer, September 13, 2012)
Butler County is expected to reap $1.5 million in additional annual sales-tax revenues from Liberty Town Square. That's a drop in the bucket for the county, though, which has cut its general fund budget by $15.4 million to $79.3 million since 2008 because of the economy. Those budget cuts resulted in belt tightening and layoffs, including nearly 100 people from the sheriff's staff.

Editorial: Breaking the fall
(Toledo Blade, September 14, 2012)
Median household income in Ohio, adjusted for inflation, fell to $44,648 a year in 2011 from $47,333 in 2010, the Census Bureau reported this week. Nationwide, median income fell for the fourth straight year, from $50,831 in pre-recession 2007 to $50,054 last year.

Kings of cooperation
(Ashtabula Star Beacon, September 14, 2012)
A months-long experiment in governmental cooperation has been dubbed a success and will soon deliver a rebuilt road to dozens of residents in North Kingsville and Kingsville Township.

Jobless numbers don't tell full story
(Dayton Daily News, September 14, 2012)
August marked the third month in a row that the national labor force contracted, following a similar trend in Ohio, where the unemployment rate dipped to 7.2 percent from 7.3 percent and the total workforce shrunk by 41,767 over the three months that ended in July - the last month for which figures are available from the Ohio Department of Job and Family Services.

Cleveland's innovation economy grows as venture capital streams into the region
(The Plain Dealer, September 16, 2012)
New evidence supports his observation. According to a study being released Monday, private companies in Greater Cleveland attracted nearly $1 billion in investment capital over the last five years, an infusion of cash that sparked unprecedented deal-making and lit up the region on radar screens of big-league investors.

Event looks at turning trash into wealth in Appalachia
(Athens News, September 16, 2012)

The concept being promoted is what's known as the "value chain" approach, materials explained. This is where communities, haulers, processors, industries, businesses, politicians, philanthropists and others work together for the benefit of the local economy, the health of its people and the environment.      


Legal battle over SunCoke zoning continues four years later

(Dayton Daily News, September 16, 2012)

SunCoke Energy has produced coke used in steelmaking for nearly a year at its $400 million Middletown facility, but legal battles over the plant continue. 


Ohio database expands to connect shale companies to local contractors

(Youngstown Vindicator, September 17, 2012)

While national oil and gas companies are flooding eastern Ohio to get involved in the Utica Shale, a service is being developed to help local companies provide information about what they can offer.     


Cuyahoga County real estate deals attract 31 bidders, from well-known developers to churches

(The Plain Dealer, September 17, 2012)

Cuyahoga County received 31 bids Friday from companies looking to buy government buildings or offering space for the county's new headquarters offices or storage needs.  



         Edited and compiled by: Molly Schnoke, Center for Community Planning & Development, Maxine Goodman Levin College of Urban Affairs, Cleveland State University
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