|Email the Editor|
|Weekly News and Opinion from Ohio's Newspapers|
November 1 - 7, 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.|
Cincinnati manufacturing economy growing, but more slowly
(Cincinnati Business Courier, November 1, 2011)
Greater Cincinnati's manufacturing sector grew in October but at a slower pace than the prior eight months, according to a newly released report.
New strategy touted to grow local jobs
(Dayton Daily News, November 1, 2011)
Local economic development officials are considering a different strategy to grow existing businesses and create jobs that has been successful in other parts of the country.
Mentor posts lowest jobless rate among Ohio large cities
(News Herald, November 2, 2011)
The unemployment rate for Mentor declined to 5.8 percent in September, according to recently released Civilian Labor Force Estimates from the Ohio Department of Job & Family Services.
Cleveland area ranks third nationally for decrease in jobs, US labor department says
(The Plain Dealer, November 2, 2011)
The Greater Cleveland economy is showing signs of struggle, while much of Ohio and the nation is improving slightly, according to employment data released Wednesday.
Ohio falls in ranking of climates for business
(Akron Beacon Journal, November 2, 2011)
In a survey that fuels Texas Gov. Rick Perry's bragging rights and takes some away from Ohio Gov. John Kasich, Ohio fell three spots to No. 9 in Site Selection magazine's list of top state business climates, while Texas moved from No. 3 to No. 1.
Ohio scores still a tick above nation's
(Columbus Dispatch, November 3, 2011)
In math, Ohio 4th graders scored 244, unchanged from 2009 but above the national average of 240. Ohio 8th graders scored 289, up from 286 in 2009 and six points higher than the national average.
Three Ohio cities rank in top 10 for poverty rate increase
(Reuters.com, November 3, 2011)
Toledo saw a more than 15 percent increase in the concentration of poor people living in the city's poorest neighborhoods in the past 10 years. The Youngstown area ranked third with a change of 14 percent and Dayton had a 10 percent increase in concentrated poverty, taking the ninth-place spot.
Ford plant closures in Brook Park to leave behind a massive piece of industrial real estate
(The Plain Dealer, November 3, 2011)
The 230-acre plot is big enough to house Gateway Plaza - the Q Arena, Progressive Field, the adjoining park and the surrounding parking garages - eight times over with enough space left to fit two Voinovich Parks.
Charitable giving from Ohio's wealthy declines
(Dayton Daily News, November 4, 2011)
Charitable contributions reported by taxpayers in Ohio who earned $200,000 or more fell 37.3 percent to $1.21 billion in 2009 from $1.93 billion in 2007, according to a Dayton Daily News analysis of the most recent IRS data available.
Grant money available for economic proposals
(Morning Journal, November 5, 2011)
Team Northeast Ohio, an organization serving 18 counties in Northern Ohio, was awarded a grant that they plan to distribute to companies offering up proposals for enhancing economic development in the region.
Casino revenue projections not a sure bet
(Lima News, November 6, 2011)
The numbers are nice, $3.7 million for Allen County government and schools, nearly $2 million for Auglaize County government and schools. The smallest projected annual income in our region from four fully operational casinos in the state is $959,124, combined, for Van Wert County, with $596,915 for the county and $362,209 for its three school districts.
(The Plain Dealers, November 7, 2011)
Cleveland has tried, and usually failed, for years to recoup millions of dollars spent demolishing condemned houses. Now some new tactics may be on the way.
Toledo poised to raze record number of abandoned houses
(Toledo Blade, November 7, 2011)
This year, the city has stepped up efforts to tear down these buildings and expects to hit a record number of demolitions by the end of the year. Already, 351 structures have met the wrecking ball, one fewer than in 2010 and higher than in all other years.