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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
November 13 - 19, 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.
New Third Frontier programs could boost Dayton tech industries
(Dayton Daily News, November 13, 2012)
The commission's next annual budget includes $50 million for a new program to create technology commercialization centers that focus on specific industries, such as sensors, advanced materials or unmanned aerial vehicles (UAVs).

Toledo Mayor Mike Bell, on 4th trip to China, visits trade area near Hong Kong
(Toledo Blade, November 16, 2012)
Toledo Mayor Mike Bell tried to sell hundreds of Chinese investors on Toledo at the China Hi-Tech Fair in Shenzhen on the second day of his trip to China.

Ohio unemployment lowest in more than 4 years
(Dayton Daily News, November 16, 2012)
Ohio's unemployment rate fell to 6.9 percent last month - the lowest rate in more than four years - as the Buckeye State added a robust 13,900 nonfarm jobs, the Ohio Department of Job and Family Services reported Friday.

Ohio jobs and income ravaged perhaps more than we know
(Akron Beacon Journal, November 17, 2012)
The good news is, the high unemployment rates caused by the deep recession's dramatic and horrifying job losses are now showing improvement. But the Cleveland economic research analyst says the true, darker impact of the Great Recession is still to be unveiled.

A program to lift companies
(Cincinnati Enquirer, November 18, 2012)
The Tri-County Economic Development Corp. has a solid record of bringing new companies into Northern Kentucky, but now the 25-year-old agency is renewing its efforts to keep existing companies here and help them grow.

Federal dollars at stake in the Valley
(Youngstown Vindicator, November 18, 2012)

Lawmakers return to Washington this week to embark on what could be a lengthy battle to avert deep spending cuts and steep tax increases set to take the country over a fiscal cliff if left unresolved by year's end. If they fail to act, a broad ripple effect could be felt across the Mahoning Valley and in cities and towns across the United States, with everything from health care to education to safety nets such as unemployment benefits on the line.

Jobs, tax increase repaired Columbus' budget
(Columbus Dispatch, November 18, 2012)
In recent years, while Columbus was dealing with a crippling economic recession, Mayor Michael B. Coleman repeatedly warned of economic dangers in his spending plans to guide the city through tough times.

Team NEO predicts strong job growth in Northeast Ohio by 2020
(The Plain Dealer, November 19, 2012)
Northeast Ohio should add nearly 169,000 jobs over the next eight years, forcing businesses to recruit new workers from outside the region, economic development agency Team Northeast Ohio predicts.

Better Ohio holiday retail sales expected; 5.7 percent jump predicted for Akron area
(Akron Beacon Journal, November 19, 2012)
A University of Cincinnati Economics Center forecast released Monday projects a 4.2 percent increase in retail sales for November and December this year, over the same period last year. The study was for the Ohio Council of Retail Merchants.

Northeast Ohio home sales continue to rise, October report shows
(The Plain Dealer, November 19, 2012)
But Northeast Ohio's housing market maintained steady growth heading into the holidays, on the heels of a strong spring and summer.

Editorial: Long for efficiency
(Akron Beacon Journal, November 19, 2012)
The team at FirstEnergy has been making the rounds at the Statehouse, pressing lawmakers to make a dramatic change in the state's energy efficiency standards. The proposal would erase the benchmarks that have set power companies on a mandated path to reduce electricity consumption 22 percent by 2025. What lawmakers should recall as the Akron-based utility makes its pitch is that four years ago, strong bipartisan majorities made a long-term commitment to energy efficiency.

         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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