The Economy & Business

The Economy & Business
11:15 am
Fri May 17, 2013

Ohio Unemployment Rate Drops Slightly

Ohio's unemployment rate for April was 7.0 percent - down slightly from 7.1 percent in the two previous months.

State officials released the numbers this morning ahead of the newest statewide labor force data.

The rate has consistently remained below the national level. The U.S. unemployment rate for April was 7.5 percent.

The state's leaders have said Ohio's economy and its job market are getting stronger, though the process is slow.

The Economy & Business
7:04 am
Wed May 15, 2013

Honda Announces Another Ohio Auto Plant

Honda announced yesterday it will bring back its so-called “supercar” Acura NSX after suspending production in 2005. And the new high performance two-seater will be built in Ohio.

“We will renew the dream and build this high-tech supercar right here in Marysville, Ohio," says Honda executive, Hidenobu Iwata

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The Economy & Business
8:04 am
Mon May 13, 2013

Local Group to Manage Drone Contest for NASA

NASA has selected an Ohio nonprofit organization to manage a contest aimed at helping unmanned aerial vehicles fly safely in civilian airspace.

NASA said Friday that it picked Development Projects Inc. in Dayton to run the competition involving the vehicles commonly referred to as drones.

The Dayton Daily News reports the contest is expected to draw competing teams from across the country to fly robotic aircraft in restricted airspace above the Camp Atterbury military operating range in southern Indiana.

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The Economy & Business
7:04 am
Tue April 23, 2013

Trade Group Says Ohio Home Sales Up Nearly 12%

An Ohio trade group's report shows statewide home sales rose nearly 12 percent in March compared to a year ago.

Ohio Association of Realtors President Thomas Williams says in a statement that the state's housing market is making steady progress in its effort to establish a solid foundation.

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The Economy & Business
6:35 am
Tue April 23, 2013

Economic Experts Debate Whether Income Tax Cuts Create Jobs

The House has approved its version of the budget, and now the Senate will make its changes. One idea that’s been suggested by Senate President Keith Faber is to replace the House’s 7% income tax cut for all Ohioans with a 50% income tax cut to small businesses, which had been in Gov. John Kasich’s budget.

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