Credit Flickr Creative Commons user soundfromwayout
The government shutdown continues, as do the furloughs affecting civilian employees at Wright-Patterson. One estimate has put the economic impact at $5 million per furlough day that the region loses. Nearly 9,000 base employees are currently out of work.
The news in the short-term is certainly not good. Michael Gessel with the Dayton Development Coalition says to put that into perspective, "it would be the same economic impact if LexisNexis, Honda and AK Steel closed down and let everybody off."
Congressman Mike Turner (R) with Dayton Business Leaders at UAS Meeting
Unmanned Aerial Systems, or UAS, was the focus of an informational meeting Wednesday in Xenia. Ohio has partnered with Indiana and applied to become one of six national centers for unmanned systems and Congressman Mike Turner with the Dayton Development Coalition held the meeting to build awareness about what UAS could bring to Ohio.
The Dayton Development Coalition has wrapped up its annual trip to Washington, D.C. this week. The fly-in includes business, educational and government leaders from the area. This week on PoliticsOhio, Emily McCord is joined by Michael Gessel with the Dayton Development Coalition to talk about the trip.
The budget cuts handed down to Wright-Patterson Air Force Base this week include a civilian hiring freeze, the elimination of some temporary positions and the curtailing of certain travel and purchasing costs. Emily McCord speaks to Vice President for federal programs at the Dayton Development Coalition, Michael Gessel, to discuss how these small measures now could signal larger cuts in the future.
Last week we reported that state officials saw the number of new business filings in Ohio as a positive sign of economic growth for the state. Applications to do business in Ohio last year reached more than 88,000.
Although most officials will tell you that the economy is far from where it needs to be in terms of a full recovery, business leaders say there are a number of positive signs for our state and local economies. Jason Antonick is Manager of Business and Economic Development at Dayton Area Chamber of Commerce.