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|Weekly News and Opinion from Ohio's Newspapers|
November 15 - 21, 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.|
Ohio slower to recoup jobs, study says
(Akron Beacon Journal, November 15, 2011)
Restoring all of the jobs that were lost in Ohio during the last recession could take five more years, according to new figures that show again how severe the 2007-09 recession was.
TeamNEO projects manufacturing growth in Northeast Ohio
(Mansfield News Journal, November 15, 2011)
Growth in northeast Ohio's manufacturing industry is expected to outpace the nation by almost 10 percent by 2015, according to a new report by Team Northeast Ohio.
(Cincinnati Business Courier, November 15, 2011)
The city of Cincinnati has submitted a new application for federal streetcar funding, seeking $56.8 million for spurs running to the Banks and the Uptown neighborhoods near the University of Cincinnati.
University Circle stretches it boundaries, leaders focus on building up district
(The Plain Dealer, November 16, 2011)
Community leaders believe the growing area, anchored by hospitals, museums and schools, could be largely built out within five to 10 years.
Chrysler expansion lifts Toledo hopes
(Toledo Blade, November 17, 2011)
Buoyed by confirmation of the company's plans to add 1,100 jobs in Toledo, the 50-year-old central-city resident hurried to The Source of Northwest Ohio and checked on Chrysler's Web site for employment updates.
Housing numbers look much better
(Columbus Dispatch, November 18, 2011)
In Ohio, 9.3 percent of homeowners missed at least one payment during the quarter, down from 10.25 percent a year ago.
Neomed seeks partnerships to benefit region
(Akron Beacon Journal, November 18, 2011)
The university, for example, wants to establish a greater presence at Cleveland State University and within Akron's biomedical corridor, an area surrounding the city's three downtown hospitals that has been designated for medical-related development, he said.
Ohio gov. readies new plan on Lake Erie water use
(Wall Street Journal, November 18, 2011)
Details of the legislation being drafted haven't been officially released, but Gov. John Kasich said this week that it would better protect the lake than a bill he vetoed earlier this year amid pressure from governors from other Great Lakes states.
State loses jobs, unemployment falls
(Akron Beacon Journal, November 19, 2011)
The number of people working in Ohio fell from 5,109,500 in September to 5,108,900 in October. But there were 63,100 more people working in Ohio last month than in October 2010.
Ohio made alcohol booming
(Akron Beacon Journal, November 20, 2011)
Through the first six months of 2011, the Ohio Division of Liquor Control issued permits for 70 breweries, 164 wineries, 14 liquor makers and four micro-distilleries. In 2007, the state issued permits for 44 breweries, 114 wineries, four liquor producers and no micro-distilleries, the newspaper reports.
Minimum wage job no longer can cover the typical college bill
(The Plain Dealer, November 21, 2011)
Now, based on data from the Ohio Board of Regents, the tuition, fees, room and board total averages nearly $19,000 at the main campuses for the state schools.
Student's test scores get better despite economy
(Dayton Daily News, November 21, 2011)
Area school districts have experienced a dramatic rise in the number of economically disadvantaged students in the past decade. But at the same time, test scores are improving.
Foundations join to train entrepreneurs
(Youngstown Business Journal, November 21, 2011)
A $3.2 million, three-year partnership between the Blackstone Charitable Foundation and The Burton D. Morgan Foundation is intended to train the next generation of entrepreneurs in northeast Ohio.
Ohio tax incentives aim to spur investments in businesses
(Akron Beacon Journal, November 21, 2011)
The goal is to link the small businesses with the money needed to grow and create new jobs, said Matt Sutherland, a state senior tax incentive specialist. He said legislators had heard from small business that "they had lots of great ideas and opportunities to expand, but it was lack of access to capital preventing them from exploring those opportunities."