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|Weekly News and Opinion from Ohio's Newspapers|
November 23 - 29, 2010
|Welcome to the latest issue of Economic News from Ohio's Regions, a new 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.|
|Local jobless rates on the decline (Morning Journal, November 23, 2010) Lorain's unemployment rate dropped to 10.5 percent for October, down from 13.1 percent in September and 12.7 percent from October 2009.|
Home sales drop in Northeast Ohio, across nation as tax credit skew numbers (The Plain Dealer, November 23, 2010) Sales of new and previously owned houses in 15 Northeast Ohio counties were down 21.7 percent in October compared with a year before.
Editorial: Ohio, repeal expensive energy law (Cincinnati Enquirer, November 23, 2010) Ohio voters spoke resoundingly on Nov. 2: To bring the state desperately needed jobs, government must get out of the way of business instead of making decisions for it.
Area company plans to add 34 jobs, lands state grant (Dayton Daily News, November 23, 2010) The company will expand its capacity to manufacture products that will include a window molding system for the 2011 Toyota Camry and weather seals for the residential and construction industries, state officials said.
Developer chosen for ex-GM site (Dayton Daily News, November 24, 2010) IRG is negotiating with Motors Liquidation Co., which owns more than 100 plants, offices, land tracts and other properties GM discarded in bankruptcy last year, including the Moraine property between Ohio 741 and Kettering Boulevard.
Plans for Ohio 16/Cherry Valley revealed (Newark Advocate, November 25, 2010) A future project could include connecting the new road from Cherry Valley Road to Thornwood Drive, which also will be improved. A route connecting Ohio 16 to Thornwood and Ohio 79 in Heath has long been anticipated for economic development benefits along the corridor.
Public boat ramp project: Access to river hoped to help economy in county (Marietta Times, November 26, 2010) When news that a public Ohio River boat ramp was being built near New Matamoras first broke several years ago, it was often the topic of conversation for those entering Backwater Baits on Ohio 7, remembers owner Estella Masters.
Editorial: Ohio needs reform in workers comp (Wheeling Intelligencer, November 27, 2010) Unless something is done to make the state more attractive to business and industry, Ohio's economy will continue to lag. Governor-elect John Kasich is signaling he plans to do something important about that.
City has high hopes for revitalization projects (Middleton Journal, November 28, 2010) Walking the main drag of Central Avenue through the center of downtown, counting the 37 vacant storefronts that line the street, it's hard to imagine Middletown is on its way up.
School reform movement may be losing momentum in Ohio, elsewhere (The Plain Dealer, November 28, 2010) This has been a busy year for education reformers. Primed by billions in stimulus funding, states spent much of 2010 scrambling to complete ambitious school improvement plans outlined in detail in hundreds of pages of applications for federal " Race to the Top" funding.
Editorial: Stormwater Mismanagement (Akron Beacon Journal, November 28, 2010) Alan Brubaker's stormwater management report, issued last week, outlines a familiar problem for local governments across Northeast Ohio: the difficulty in confronting an ongoing, regional issue with a patchwork approach. In the case of stormwater management, the Summit County engineer correctly argues for a comprehensive plan.
American Dream has been dented (Lancaster Eagle Gazette, November 29, 2010) In Ohio, hundreds of thousands of well-paid industrial jobs have vanished. Rotary Clubs have shrunk or folded. Some downtown blocks feel like ghost town.
Lorain-Cleveland ferry's first full season about learning, not profit, owner says (The Plain Dealer, November 29, 2010) Operators of a fledgling ferry service out of Lorain know that wine and Cleveland Browns football are big draws. Cleveland on a Friday night isn't, at least not yet.