The Economy & Business

The Economy & Business
6:34 am
Fri January 3, 2014

Dayton Area Seeks $30 Million In State Building Funds

Credit Open Clipart User nebu

 The Dayton area has proposed $30 million worth of economic development projects for Ohio’s 2015-2016 budget. It’s the first time in five years local groups have had a chance to request construction funds, and the governor’s Office of Budget and Management (OBM) is going through over 100 proposals from around the state now.

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The Economy & Business
6:00 am
Thu January 2, 2014

Warm For Winter: Energy Choice Allows Ohio Electric Consumers To Shop Around

Credit liftarn / Openclipart

The state of Ohio has been investigating its competitive energy market for a year now, and the state reports electric competition is growing, which means more options for consumers.

Energy choice itself doesn’t look like much: the lights go on, the lights go off, and you pay your monthly bill the same way. But in the past, a utility company—the name that’s on most people’s electric bills—also owned the actual power plant. Electric choice, which was passed in Ohio over ten years ago, is gradually moving the market away from that system.

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The Economy & Business
12:04 pm
Tue December 31, 2013

Minimum Wage Goes Up in 2014

Hundreds of thousands of Ohioans are getting a raise starting in the New Year. The state’s minimum wage will go up ten cents from $7.85 an hour to $7.95 an hour. The automatic boost comes from a policy known as indexing, which Ohio has adopted along with 11 other states. Indexing raises the minimum wage to account for increases to the cost of living.

Jack Temple, a policy analyst for the National Employment Law Project, says the extra ten cents an hour can go a long way.

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The Economy & Business
10:59 am
Tue December 31, 2013

Southwest Ohio Passed Over For Drone Testing

A model drone among many at SelectTech Geospatial in Springfield. The company is among several local businesses that hoped to benefit from commercial drone testing in the area.
Credit Lewis Wallace / WYSO

 Southwest Ohio was passed over as a drone test site. On December 30, the Federal Aviation Administration (FAA) announced it will develop test sites for unmanned vehicles in Alaska, Nevada, New York, North Dakota, Texas and Virginia, which the agency says together provide the necessary climatic and geographic diversity for testing.

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The Economy & Business
7:35 am
Mon December 23, 2013

Ohio Training Students For Civilian Drone Jobs

Some schools across the state are preparing students for a boom in the drone industry once the federal government, as is expected, allows civilian unmanned aircraft to fly in U.S. airspace.

The Federal Aviation Administration has until 2015 to present a plan for safely integrating drones into national airspace. Sinclair Community College already is training students for jobs using the technology,  and Kent State University is doing the same.

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