Economy

Retail
6:34 am
Fri January 17, 2014

Trotwood Residents Petition To Keep Target Open

The Trotwood Target is set to close on May 3, 2014.
Credit Lewis Wallace / WYSO

A citizens’ group has gathered 1,700 signatures on a petition asking the Target store in Trotwood not to close. Target recently announced that its Trotwood and Middletown stores in the Dayton area are set to shut down May 3.

Trotwood city council member Bruce Kettelle compared the news from Target to a break-up.

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Music
4:41 pm
Thu August 29, 2013

Mumford And Sons Hits Troy With Economic Benefits And Mustaches

A mustache sculpture graces the front of a downtown Troy business. The town is bustling with activity in preparation for the Mumford and Sons tour.
Credit (WYSO/Lewis Wallace)

Miami County is preparing for a major tour stop by UK folk stars Mumford and Sons this weekend. The city of Troy, population 25,000, is anticipating an influx of 40,000 people and at least $12 million in new revenues for the region.

By Wednesday, downtown Troy was already overrun with semi trucks, workers, and, believe it or not, mustaches. Inside Hittle’s Jewelry, owner Jenny Nimer showed off her display of mustachioed jewelry, complete with what she called “bling.”

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Statewide News
4:31 pm
Thu August 22, 2013

Home Sales in July Positive Indicator for Ohio's Economy

Home sales in Ohio moved up for the 25th straight month and that’s seen by some as a positive indicator for the state’s economy.  

In July more than 13,ooo homes sold; a 25.8 percent increase over sales reported a year ago at that time, and July’s highest sales figures since 2005.

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The Economy & Business
8:04 am
Tue April 2, 2013

Per-Capita Income On The Rise In Ohio

More good news for the Ohio economy: The state's per-capita income rose at one of the fastest rates in the nation last year.

That's according to an analysis by The Dayton Daily News, which says the statistic is a sign that the state's economy is recovering more quickly than that most of the country.

Per-capita personal income includes all earnings such as wages, dividends, interest income and rents. In Ohio, it rose by 1.7 percent to $39,289 between 2011 and 2012. That was a larger increase than all but two other states.

The Economy & Business
3:12 pm
Thu March 14, 2013

Senator Brown Introduces Plan To Address 'Underwater' Mortgages

Nearly 1 in 4 Ohio mortgages are underwater, according to numbers from real estate data company Zillow Inc. US Senator Sherrod Brown says that’s why he’s introducing legislation to speed up what’s known as short sales.

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