WYSO

Economy

The Your Voice Ohio initiative brings together Ohioans from all walks of life, to brainstorm homegrown solutions to the opioid crisis.
Jess Mador / WYSO

The numbers just aren’t good for Ohio: 152,000 fewer jobs than in 2000, lower household income, high student debt, falling behind in education – almost every measure used to define quality of life is going in the wrong direction.

People don’t have to see the numbers – they see it in neighborhoods.

Auto parts stores, payday lenders and deep-discount stores in almost every town are evidence of cash-strapped households.

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Ohio parents doing some back to school shopping over the weekend will be getting a break from the state’s sales tax.  Starting Friday, the 5.75% sales tax will be waived for purchases including clothing priced at $75 per item or less, school supplies up to $20 and school instructional materials up to $20.

State Representative Niraj Antani (R-Miamisburg), says a study of the first sales tax waiver in 2015 shows the holiday “generated an extra $4.7 million.” He also says Ohio consumers saved about $3.3 million dollars on those purchases.

The Montgomery County commission Tuesday voted unanimously to approve a sales tax increase.

The quarter-percent rise was proposed earlier this year as part of a plan to address the county's previously forecast 2019 $9 million budget gap.

Boosting the sales tax is expected to generate an estimated $19.1 million in revenues, Cathy Petersen, the county's communications director, says.

It’s set to take effect in October.

Your Voice Ohio: Envision A More Vibrant Ohio

Jun 21, 2018

What do vibrant states and communities look like?

There’s something refreshing about watching a diverse group of people come together on a difficult issue, recognize their differences yet figure out where they agree on a course of action.

Journalists across Ohio watched that happen the last several months as we sat with hundreds of people who shared views on the addiction crisis and within two hours, in 11 different locations, arrive at similar solutions.

A pallet of Pampers at the Dayton Mixing Center.
Marci Rhodes / Procter & Gamble

Ohio is located within one day’s drive of more than half the country’s population. This fact is often touted by development officials looking to boost the state’s economic profile.

It’s also a favorite talking point among many Miami Valley business leaders, who say the proximity to interstate highways gives Dayton an edge in attracting new investment.

Springfield-based EF Hutton recently launched Meggalife, a social media site designed to help users earn money for retirement while pointing and clicking online.
Jason Reynolds / WYSO

Two years ago, investment company EF Hutton relocated its headquarters to Springfield, Ohio.

The firm accepted a generous tax-incentive package, promising to invest millions of dollars and create up to 400 jobs in the city.

Some Springfielders say EF Hutton’s progress on these ambitious goals has been too slow. Now, EF Hutton officials hope a newly launched social-media investment platform will help convince the naysayers.

The number of African American-owned businesses has fallen sharply in Yellow Springs from its peak four decades ago. Only a handful remain in the village.
Jess Mador / WYSO

The number of African American-owned businesses has fallen sharply in Yellow Springs from its peak four decades ago. Only a handful remain in the village.

Antioch College History Professor Kevin McGruder credits some of the shift to rising college-graduation rates among many blacks in Yellow Springs.

"So, as black people have had access to more college they seek more opportunities and jobs they can get with those degrees than in opening up a store," McGruder says.

New Report Identifies Threats To Ohio Manufacturing

Mar 12, 2018
The former G.M. Moraine plant was the subject of an HBO documentary, "The Last Truck," about the workers who lost their jobs in 2008. Soon it could house hundreds of workers for Fuyao Glass America.
Lewis Wallace / WYSO

The number of manufacturing jobs in Ohio has slowly ticked up in recent months, but a new report finds several trends that could undermine the future of the industry. 

The report, by the left-leaning think tank Policy Matters Ohio, looks at 27 years of data on the state's manufacturing labor force. And its main message can be summed up like this: nice work, if you can get it.

Downtown Dayton's Third Perk Coffeehouse and Wine Bar hosts an event called the Perk-E-Lator to help would-be entrepreneurs hone their business ideas.
Jess Mador / WYSO

A century ago, Dayton helped drive the global economy with inventions that changed the world – think, the airplane, the cash register, pop-top cans, the self-starting engine. In our series Scratch, WYSO explores some of the people and ideas that could impact life and the economy in the Miami Valley and beyond. 

The series was inspired by a simple question: where is Dayton’s famous spirit of invention still alive and well in the Miami Valley? And, who benefits? 

Dayton business Event Lites successfully funded a recent expansion through Kiva.
Kiva / Downtown Dayton Partnership

Mom and pop business owners often struggle to find enough capital to get their ideas off the ground and succeed, research shows. Kiva Dayton’s recently launched crowdlending platform aims to help solve this problem.

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