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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
November 8 - 14, 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.

New data on unemployment for metropolitan areas hint at another downturn in labor market
(Cincinnati Enquirer, November 10, 2011)
During this same period, the seasonally adjusted unemployment rate in Cincinnati increased 0.1 percent while the unadjusted data show the unemployment rate was unchanged.

Region to make bid for new Caterpillar plant
(Dayton Daily News, November 12, 2011)
Caterpillar Inc. should not overlook the Dayton area as the possible home of its new 1,000-employee manufacturing plant, local officials and industry observers said Friday.

Urban casino will directly impact local economy
(Middletown News Journal, November 12, 2011)
The $400 million, 354,000 square-foot casino is currently under construction on what was a 22-acre surface parking lot known as Broadway Commons. It is expected to be open for operation in spring 2013 and approximately 2,000 jobs will be created during the construction phase followed by 1,700 casino jobs upon completion, Kulczycki said.

Wright-Patt may take hard hit with defense cuts
(Dayton Daily News, November 12, 2011)
The impact would be felt around the region: Wright-Patterson is the state's largest single-site employer, and as of 2009 it accounted for one-sixth of the economy of the Dayton region.

Brace for impact
(Columbus Dispatch, November 13, 2011)
Military leaders and contractors across Ohio are warily watching a 12-member bipartisan congressional committee that's trying to devise a plan to slash federal deficits by as much as $1.5 trillion during the next decade.

Research park up for auction
(Dayton Daily News, November 13, 2011)
Seven developed lots and 162 undeveloped acres on East National Road will be on sale starting Tuesday, according to the website Bidding starts at $1.2 million.

Regional economy gradually improving
(Akron Beacon Journal, November 14, 2011)
Employment in the 18-county Northeast Ohio region was up almost 30,000 jobs - to about 2.07 million workers - in the third quarter of this year compared with the 2010 third quarter.

Northeast Ohio is manufacturing its way out of the great recession
(The Plain Dealer, November 14, 2011)
Manufacturing is helping pull the region out of the Great Recession faster than most of the state and nation, according to an economic analysis being released today by Team Northeast Ohio.

Valley leads in industrial job growth in NE Ohio
(Youngstown Vindicator, November 14, 2011)
Northeast Ohio's manufacturing productivity is on track to outpace the rest of the nation by 10 percent as early as 2015, according to a report released today by Team Northeast Ohio.

Editorial: Poor and unequal
(Toledo Blade, November 14, 2011)
The conclusion: Lucas County is in the bottom 12 percent of counties in terms of income inequality. (The nation's greatest income gap, not surprisingly, is in New York). Wood County, by contrast, is among the top one-third of the counties studied for income equality.

Cleveland Mayor frank Jackson unveils plan for developing the city's lakefront
(The Plain Dealer, November 14, 2011)
Development of Cleveland's lakefront is a century-old story of piecemeal action and broken promises, but city officials say it's about to take a happy turn.

         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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