Economy

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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Around the Miami Valley
5:51 pm
Mon January 21, 2013

Positive Indicators for State and Local Economies

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.

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The Economy & Business
5:04 pm
Tue November 20, 2012

Longtime Ohio Republicans Talk Fiscal Cliff

Two longtime Republicans from Ohio are talking about the so-called fiscal cliff. That's a package of tax increases and spending cuts that will take effect if Congress doesn't act.

Former U.S. Senator George Voinovich says he SUPPORTS tax increases on the wealthy.

But Voinovich, who was governor of the Buckeye State in the 90s, says his willingness to compromise comes with strings attached.

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