Ohio is the eighth-best state for aerospace manufacturing, according to the latest study by PricewaterhouseCoopers. The ranking is important, as the jobs are generally high-paying, and the future for aerospace is bright.
Economy
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Ohioans love craft beers, and a recent study by the Ohio Craft Brewers Association (OCBA) proves it. Ohio’s craft breweries generated almost $1 billion in economic impact in 2018, a 39% increase from 2015. That encompasses jobs, wages and federal, state and local taxes.
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We have been featuring various aspects of Gov. Mike DeWine’s budget for 2020-21. According to DeWine, it is structurally balanced and won’t increase our taxes.
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The unseasonably cold start to March won’t put a damper on maple syrup harvesting. The maple syrup season in Ohio lasts from mid-February through early April and we are the fourth-ranked producing state. Maple syrup harvesting contributes $5 million to our economy annually.
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It’s taken $20 million to transform Columbus’ first power plant into modern office space.
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Technology may get the headlines for job growth, but another faction in Ohio is also spurring our economy – the creative arts. Activity in this unique sector accounts for more than $41 billion in economic activity and supports nearly 290,000 jobs.
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Ohio scored its highest-ever ranking on CNBC’s 2018 Top States for Business list. The Buckeye State ranked 15th on the cable business channel’s eighth annual list, landing just behind Nebraska and just ahead of Indiana. States were ranked on 10 criteria, including workforce, education, innovation, cost of doing business, cost of living and economy.
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Get ready for an influx of hotel space in Columbus. Experience Columbus reports that Hilton will build a new 22-story, 470-room tower near its existing Hilton Columbus Downtown hotel. Guest rooms at the property will increase to 1,002 with the expansion, scheduled for completion in 2021.