The Economy & Business

Homelessness
11:07 am
Wed January 29, 2014

Volunteers Conduct Homeless Count In Montgomery County

The Salvation Army in Springfield has operated a warming center for people on the street during the extreme cold in 2014.
Credit Lewis Wallace / WYSO

In the midst of the ongoing intense cold weather, teams of volunteers are spreading across Montgomery County Wednesday morning for the yearly statewide census of homelessness. The count gives service organizations a snapshot of how many people are on the streets or in shelters on a given night, and it is required for counties that receive affordable housing assistance from the U.S. Department of Housing and Urban Development.

Read more
The Economy & Business
7:35 am
Wed January 29, 2014

Power Plant Expected To Bring Jobs To Southwest Ohio

A Florida based energy company says it plans to spend more than $500 million on a natural gas-fired power plant in southwest Ohio that could mean jobs for 400 people in the area.

NTE Energy said Tuesday that it plans to operate "one of the most efficient natural gas-fired power plants in the United States" in Middletown.

Officials say permit applications have begun. The project is expected to begin construction in 2015 and go online 2018.

The Economy & Business
7:04 am
Tue January 28, 2014

Ford To Use Rotating Shifts To Avoid Ohio Layoffs

Ford Motor Company will use rotating shifts - two weeks on, two weeks off - to avoid indefinite layoffs at its assembly plant, located west of Cleveland.

Ford said Monday that rotating shifts for 1,000 workers at its Avon Lake plant will begin in August and continue until a new product launch in 2015.

The auto maker says rotating shifts will mean most Avon Lake workers will get 74 percent to 100 percent of regular fulltime pay.

The Economy & Business
6:04 am
Tue January 28, 2014

Meijer To Build Dairy Production Plant In Tipp City

Midwest regional grocery chain Meijer plans to add a dairy production plant to its Ohio presence.

The Mich.-based company says it will put its first Ohio dairy production facility in Tipp City. Meijer already has a distribution center there.

State, regional and local officials are celebrating the plans for a plant expected to employ 103 people and mark a $100 million investment in the western Ohio community.

Meijer says it has 42 stores in Ohio.

The Economy & Business
1:49 pm
Thu January 23, 2014

Unemployment Averages Gloss Over Differences In The Dayton Area

A chart of the average unemployment rates for the greater Dayton metropolitan statistical area, 2002-2013 reveals long-term trends, but not necessarily the reality on the ground.
Credit Lewis Wallace / WYSO

State-level unemployment numbers from December are due out Friday morning. In the last report, Ohio’s unemployment rate was hovering above the national average—but averages can be deceiving.

The unemployment rate in November for the greater Dayton area was 7.5 percent, about the same as the state’s 7.4 percent rate and above the national rate, which was 7.0 in November and 6.3 in December 2013.

But in Trotwood, a west Dayton suburb, that number was 9.5 percent, while in Beavercreek, the rate was just 6.2, numbers that say a lot about disparities in the local economy.

Read more

Pages