Economy

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.

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.

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.

Longtime Ohio Republicans Talk Fiscal Cliff

Nov 20, 2012

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.

Full episode of WYSO Weekend for November 11, 2012 including the following stories:

- Jerry Kenney speaks with Michael and Sandy Bashaw about their work composing the score for Take Us Home, a new film by Aileen LeBlanc.

- 2012 Antioch Writers' Workshop Faculty Readings: Carrie Bebris

 

 The Book Occupy the Economy: Challenging Capitalism is a collection of interviews between economist Richard Wolff and David Barsamian, host of Alternative Radio. Barsamian recently visited Yellow Springs and spoke with Andy Valeri, host and producer of UnCommon Sense TV Media, and occasional co-host of "Around The Fringe" here on WYSO.

 

Alterntiave Radio airs Wednesday nights at 11 on WYSO.

Yesterday (8-7-12), Congressman Mike Turner announced that a forum, focusing on the impact impending-defense-cuts will have on the Dayton region will take place next week.  WYSO’s Jerry Kenney was on hand for the event.

Speaking before workers at the GEMCITY manufacturing plant on Leo St. in Dayton, Turner said the sequestration cuts in defense spending are the result of a compromise on last year’s debt ceiling talks. 

Dayton Area Sees Job Growth From Last Year

Jun 5, 2012

The Dayton area added 48 hundred jobs during the past year. That’s from a report released this week by a national business journal called On Numbers. As WYSO’s Emily McCord explains, it’s the second year in a row of job growth.

Diana Parkhouse

A report focusing on single-family home and condo sales indicates Dayton Home prices grew rapidly in the last four months.  According to Clear Capital’s quarterly Home Data Index, local home prices rose by 6.3 percent.  Only Phoenix Arizona saw a higher climb in home prices.

Thousands of jobless Ohioans are in danger of running out of their unemployment benefits early next year, if Congress doesn't renew a federal extension of benefits. Ben Johnson is with the Ohio Department of Job and Family Services.

"70,000 people will exhaust their unemployment compensation in January, another 36, 000, almost 37,000 in February, about 58,000 in March and more than 10,000 between March and June but the numbers are smaller," says Johnson.

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