Ohio Economy

Springfield Hosts Presidential Advisors Debate

Oct 6, 2016
Daniel Gummel

This past weekend Springfield played host to a debate between economic advisors for both Donald Trump and Hillary Clinton.

The debate featured Peter Navarro, a Trump campaign economic advisor and Austan Goolsbee, former senior economic policy advisor for Barack Obama and current Clinton campaign consultant.   Both men presented their candidate’s economic platforms including plans to bring jobs and prosperity back to the region.

Kasich Says Ohio In Full Recovery Following Recession

Mar 10, 2015
Office of Governor John Kasich

Ohio Gov. John Kasich is finding reason to celebrate the latest job numbers in Ohio. When he took his first term in office at the start of 2011, Ohio had just gone through a tough recession, losing 350,000 private sector jobs in the process. Kasich says things have improved significantly.

“I’m really pleased to announce that we have seen a job creation in about four years of now 352,000 jobs. We are now fully recovered from that downturn of the 350,000 jobs lost,” he said.

Ohio Agency Reports More Than 21,000 Jobs Created In 2014

Mar 3, 2015

Ohio's privatized economic development office reports that it created more than 21,000 jobs last year.

JobsOhio said in a report Monday that there was "great growth" in job creation in 2014. The nonprofit reported landing 286 projects, and $6.1 billion in capital investment by companies locating and expanding in the state.

But The Columbus Dispatch  says JobsOhio reported a downturn in the number of jobs retained by working with existing companies to upgrade or expand their operations.

Ohio's high court recent ruling limits local power over gas drilling.

State statistics show oil production has more than doubled and natural gas has tripled in Ohio in the past year.

The Department of Natural Resources said Wednesday that more than 3.5 million barrels of oil and 164 billion cubic feet of natural gas were produced during the last three months of 2014. During the same quarter in 2013, Ohio wells produced 1.4 million barrels of oil and 43 billion cubic feet of natural gas.

The increase was fueled by a building boom of wells.