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Maxine Goodman Levin College of Urban Affairs, Cleveland State University
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The Ohio Department of Development
Weekly News and Opinion from Ohio's Newspapers
October 2 - 8, 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.

Plan in works for I-71, Ohio 123 interchange
(Dayton Daily News, October 2, 2012)
"Our goal is to create an atmosphere where jobs can develop and we can still have the community we want to have," said Turtlecreek Twp. Trustee Jonathan Sams. "We are hoping to develop it in such a way that it has the maximum economic impact for the community while still maintaining the character of the township."

Editorial: A bad time for JobsOhio to be stuck in legal limbo: editorial
(The Plain Dealer, October 3, 2012)
Ohio should be thinking big, marketing itself in new ways and attracting talent from Silicon Valley and elsewhere. Too bad Kvamme and JobsOhio had to do so without coherent guidance from Ohio's courts.

Brandery making national waves
(Cincinnati Enquirer, October 3, 2012)
The Over-the-Rhine nonprofit hosted a crowd of almost 400, including more than 125 investors, at its annual Demo Day on Wednesday at Great American Ball Park. That is the best turnout so far for the event, which launched in 2010 to showcase consumer-oriented technology startups from across the nation.

Southwest Ohio positioned for aerospace success
(Dayton Business Journal, October 4, 2012)
Aerospace companies are looking to grow operations in Southwest Ohio or relocate to the region, which will spur even more business opportunities with local universities, prime suppliers and Wright Patterson Air Force Base.

University of Toledo minority business center grows
(Toledo Blade, October 5, 2012)
The expectation is that companies will spend three to four years in the incubator before graduating out of it. So far, three companies have made the leap, Ms. Gore said. The incubator is also open to nonprofits. The incubator is home to the Josh Project. Headed by Wanda Butts, the Josh Project teaches children water safety and how to swim. It was named one of the Top 10 CNN Heroes of 2012, earning a $50,000 grant.

Optimism off among owners of small firms
(Toledo Blade, October 5, 2012)
The findings show 17 percent of small businesses intend to add employees in the next six months, compared with 15 percent last spring who said they would be hiring. An additional 10 percent said they plan to reduce their full-time staff in the next six months.

Cincinnati a much-different city in the 2 years since Reds last made playoffs
(Washington Post, October 5, 2012)
A few blocks over is a new $322 million, 41-story office tower that's the tallest building in the city, and a 20-minute walk away is the trendy Over-the-Rhine historic district that used to be best known as a haven for crime and the site of the city's 2001 race riots. Now dozens of bedraggled buildings in the district have been renovated into popular bars and restaurants and a once crime-prone park has undergone a $48 million makeover to become one of the city's best venues for concerts, outdoor movie viewings and flea markets.

State handing millions to businesses who threaten to move
(Dayton Daily News, October 6, 2012)
But a Dayton Daily News investigation shows taxpayers are paying a high price for some of those jobs. Kasich's administration approved $487.7 million in taxpayer-subsidized tax credits, grants and low-cost loans for businesses during 2011, a 44.3 percent increase over the $337.9 million approved in 2010.

Can Ohio sustain all these casinos?
(Columbus Dispatch, October 7, 2012)
When the $400 million Hollywood Casino Columbus opens on Monday, Ohio will have three casinos and one "racino," about 9,200 slot machines and almost 300 table games, including blackjack, craps, roulette and poker.

Consumer spending rises in Valley, sales-tax data show
(Youngstown Vindicator, October 8, 2012)
After a sea change in positive year-over-year gains from March through May, Columbiana County once again was the leading beneficiary, with a 10 percent increase in June, collecting nearly $2 million. In July, the county's sales tax shot up 25 percent from the same month a year earlier to about $1.4 million.

         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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