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Weekly News and Opinion from Ohio's Newspapers
September 29 - October 5, 2009
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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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General aviation industry defends its value to Ohio economy (The Plain Dealer, Sept. 29, 2009) In Ohio, it contributes $5.6 billion, or $478 per person, to the state
economy, according to the research, the result of a six-month study by
the nonprofit Alliance for Aviation Across America.
Census Bureau lists Toledo in Top 10 of downtrodden in 2008 (Toledo Blade, October 1, 2009) Toledo was the nation's eighth-poorest city in
2008, with nearly one of every four of its residents living below the
poverty line.
Ohio wants $564 for Cleveland-Cincinnati rail (Dayton Daily News, October 1, 2009) The Ohio application says the state has a big untapped market for rail
ridership. It says Ohio could rank 12th in generating passenger rail
traffic.
Student loans woes a problem for region (Cincinnati Enquirer, October 2, 2009) Employment recovery in Cincinnati is likely to be slower than the
overall national economic recovery. The job search will still be
challenging even after the news reports tell us that we have turned the
economic corner.
Economist paints bleak picture for Toledo (Toledo Blade, October 2, 2009) A senior economist with PNC Financial Services
Group Inc. paints a stark picture of Toledo's current and future
economy, predicting increased unemployment, a declining population, and
falling home prices and household incomes for some time to come.
Editorial: Governor shows leadership in handling budget crisis (Youngstown Vindicator, October 3, 2009) Faced with the prospect of primary and secondary education being set
back years because of the loss of state and federal dollars, the
governor moved quickly to address the state's budget crisis.
Long-term unemployment increases (Fremont News Messenger, October 3, 2009) Through the first eight months of 2009, 1,079 Sandusky County residents
have exhausted their 26 weeks of unemployment insurance benefits.
That's 96 percent higher than the total number from all of last year,
according to Ohio Bureau of Labor Information figures.
Green trend takes on many fronts (Warren Chronicle Tribune, October 3, 2009) As Ohio continues to trend toward clean energy, green jobs and product
manufacturing as a method to recover from an economic slide,
initiatives in wind, solar and other green technologies are being
developed to favorably position the state's economy.
Critics say money doesn't equal achievement (Middletown Journal, October 4, 2009) Gov. Ted Strickland's Evidence Based Model is lacking proof that it is
funding the right programs, according to Colleen Grady, former state
school board member.
State's Economic Growth Cabinet panned for lack of work (Columbus Dispatch, October 4, 2009) The group has met only three times. And although no one denies the effects that the global
recession has had on all states, Ohio continues to fare worse than most others in net job
losses.
Strickland tax freeze a tax hike (Akron Beacon Journal, October 4, 2009) Strickland's plan should either be replaced with a better idea or quickly adopted because the hole in the budget is real.
Editorial: Note to lawmaker: Quit kicking can (Cincinnati Enquirer, October 4, 2009) Unfortunately, most of what they've been doing in Ohio during this
economic downturn more closely resembles juvenile backyard games than
lawmaking. Fun to watch? Not really.
Green economy? (Warren Tribune Chronicle, October 4, 2009) Color Ohio Gov. Ted Strickland green. The governor initiated
legislation restructuring how Ohioans will receive their power -
beefing up the Buckeye State's energy standard - and dedicated millions
toward clean energy projects, green job and business creation and
worker retraining.
Retrofit city's 'inner-ring' areas, planner says (Columbus Dispatch, October 4, 2009) Because of its aggressive annexation policies, Columbus is home to many neighborhoods that in
other metro areas would be declining inner-ring suburbs.
Now the city is struggling to redevelop them.
Revitalizing Main Street(Alliance Review, October 5, 2009) In years past, Main Street was a bustling, vibrant area of most small
towns, but today has fallen prey to the economy, competition from malls
and big box stores and lack of interest from residents. |
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