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|Weekly News and Opinion from Ohio's Newspapers|
December 7 - 13, 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.|
|State OKs incentives for Huron businesses (The Morning Journal, December 9, 2010) The Ohio Department of Development announced the incentives this week as part of business expansions around the state. The incentives will go to Structure Manufacturing Group Inc. and Wilbert Plastic Services.|
Newark, Heath, Hebron unite for development (The Newark Advocate, December 9, 2010) The leaders of Newark, Heath and Hebron said Thursday they could not announce landing any new industry, but they have laid the groundwork to attract new business.
Ohio nonprofits concerned about bingo revenues (Dayton Daily News, December 11, 2010) Figures submitted to the Ohio Attorney General's office show that bingo parlors statewide made about $142.2 million in 2009 from traditional bingo and instant games - down 28 percent from $196.7 million in 2006, the Media Network of Central Ohio reported.
Federal funds to help 17 Northeast Ohio street and trail projects (The Plain Dealer, December 11, 2010) Streetscape projects and walking and bicycle trails in the area will get a $9 million boost from the federal government over the next three years.
NE Ohio well-positioned for future (Wooster Daily Record, December 11, 2010) Global economic forces have been unkind to much of Northeast Ohio for most of the last 30 years. But one thing you can count on when it comes to the global economy is change, and the early signs are the next wave of change offers great promise and hope for our region.
Editorial: Budgetbuster (Akron Beacon Journal, December 12, 2010) It is easy to see how Medicaid can induce nightmares around the Statehouse. The program finances health care for 2.2 million poor Ohioans, about 20 percent of whom are elderly and/or disabled. Last year, Ohio spent $14.7 billion on the program, roughly 26 percent of the state budget. Most of the spending - 68 percent - involved the elderly and disabled, the bulk covering nursing-home care.
Colleges urged to market research (Columbus Dispatch, December 12, 2010) Gov.-elect John Kasich wants Ohio universities to do a better job of turning research into commercial products to spur economic growth and create badly needed jobs in the state.
Public sector unions in Ohio soon may be under siege (Columbus Dispatch, December 12, 2010) The Butler County burg of 51,000 has seen its municipal revenue slip as the poor economy saps income taxes, its largest revenue source. The money it gets from the state - 15 percent of its budget - is in peril as state leaders look to balance their own budget. Amid all this, Middletown's labor costs continue their upward climb at the rate of 4 percent a year.
Editorial: Hands off the Ohio Turnpike (Youngstown Vindicator, December 12, 2010) Now that he's been elected, Kasich is acknowledging that his staff is looking at leasing Ohio's 241-mile turnpike to private interests. He stipulates that the timing might not be right, but "we definitely haven't taken it off the table."
Businesses slow pace of bankruptcy filings (Dayton Business Journal, December 13, 2010) For the third quarter, total