In This Issue
News From Around Ohio
Weekly News and Opinion from Ohio's
Newspapers
September 15 - 21, 2009
Greetings!
Quick Links
Cleveland State University
Maxine Goodman Levin College of Urban Affairs,
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.
Cleveland State University
Email the Editor
Send to:
m.s.schnoke@csuohio.edu
News From Around Ohio
Editorial: Get creative (Akron Beacon Journal, Sept.
16, 2009) The devastating news about city layoffs has
arrived. Now attention must focus on finding savings to
protect jobs.
Dayton economy slow to bounce back (Dayton
Business Journal, Sept. 16, 2009) Dayton was ranked as
one of the weaker U.S. economies bouncing back from
the recession, according to a quarterly Brookings
Institute report.
City council refuses to OK mayor's pick for port
board (Toledo Blade, Sept. 17, 2009) A majority of
Toledo City Council refused last night to vote to confirm
Mayor Carty Finkbeiner's appointments to two expired
seats on the Toledo-Lucas County Port Authority board.
Ohio jobless rate falls to 10.8% (Dayton Business
Journal, Sept. 18, 2009) The Department of Job and
Family Services said the state's seasonally adjusted
jobless rate fell to 10.8 percent last month, compared
with 11.2 percent in July and 6.7 percent in August 2008.
Editorial: Finally a casino bid that's good for Ohio
(Cincinnati Enquirer, Sept. 19, 2009) The loss to the
state adds up to an estimated $1.4 billion a year - or
$121.74 for each of Ohio's 11.5 million residents. Nearly
a billion and a half dollars a year, bleeding out of the
Buckeye State's borders while waves of red ink engulf
state, county and city budgets.
Turning grass into gas (Bowling Green Sentinel, Sept.
19, 2009) It was just about a year ago, on Aug. 23, 2008,
that Bowling Green State University student James
Baker recorded an idea in his journal for an improved
method of converting organic material into usable
energy. Known as biomass gasification, the process
reduces sources such as grass or wood to produce
synthetic gas similar to natural gas or propane. These
fuels can be used in a variety of applications, from
automobiles to heating furnaces.
Stimulus pool wide, shallow (Columbus Dispatch,
Sept. 20, 2009) Some jobs-hungry Ohio counties win,
some lose in hunt for federal money. One analyst
compare federal stimulus money to peanut butter,
spread so thin that it can't do much to nourish the
economy.
Cuyahoga County corruption probe creates doubts
about property appraisals (The Plain Dealer, Sept. 20,
2009) The federal probe of corruption in Cuyahoga
County moved beyond besmirching the people in power
Friday and cast doubt on the integrity of one of the
county government's most vital functions -- appraising
property.
Editorial: Paying for Youngstown arena is now a
matter of 'principal' (Youngstown Vindicator, Sept. 20,
2009) The decision by Youngstown city government to
borrow $11.9 million for its share of the construction cost
of the $45 million sports/entertainment center has been
discussed ad nauseum. The "long-term debt be
damned, full speed ahead" crowd won the day. This
newspaper and others advising caution were ignored.
Editorial: Advance Ohio (Akron Beacon Journal, Sept.
20, 2009) On Tuesday, the Ohio House advanced the
cause of economic development in the state. A 56-38
majority approved legislation prohibiting discrimination in
housing and the workplace based on sexual orientation
and gender identity. The bill promises no small step
forward: It opens the way for Ohio to pull from a larger
realm of available talent.
Legislators unveil plans to stimulate state economy
(Middletown Journal, Sept. 21, 2009) Area state
lawmakers today unveiled proposals by Ohio House
Republicans to spur economic development. The group
revealed extensive plans to bring about job creation and
industry growth.
Study Finds Northeast Ohio Can Revitalize Its
Economy by Becoming Center for Electric Vehicle
Technologies and Manufacturing (Reuters, Sept. 21,
2009) with a substantial increase in the use of
electrically powered vehicles nationwide and a retooling
of its manufacturing base to support production of these
vehicles, Northeast Ohio could potentially gain more
than 10,000 new jobs and increase its annual economic
output by billions of dollars, according to results of a
study commissioned by the Cleveland Foundation.
Editorial: Frontier Ohio (Akron Beacon Journal, Sept.
21, 2009) Looking for encouraging signs about a
struggling state economy? Take heart in an assessment
of the Third Frontier project released last week. The
analysis by SRI International and the Georgia Institute of
Technology's Enterprise Innovation Institute found that
Ohioans have received an impressive return on their
investment, $681 million in state money generating $6.6
billion in economic activity.
Property values decline 21% across Lucas County
(Toledo Blade, Sept. 21, 2009) Property values that
zoomed up three years ago in a revaluation by thenLucas County Auditor Larry Kaczala have since fallen,
according to the preliminary revaluation.
CSU Levin College Forum | Cleveland State University | Maxine Goodman Levin College of Urban Affairs |
1717 Euclid Avenue | Cleveland | OH | 44115