economy

Lordstown Plant

One economic index shows Ohio lagging

BY: - June 11, 2021

By one measure of economic output, Ohio has roughly performed at the national average in recent years. But by another measure — intended to take into account factors outside the marketplace — it's not clear the Buckeye State is doing so well, a new report says.

GOP lawmakers seek to repeal tax on Ohio businesses

BY: - March 31, 2021

Some Republican lawmakers want to do away with an Ohio business tax that helps to fund state services. A new bill proposes to repeal Ohio’s “commercial activity tax” (CAT for short) by phasing it out over the next five years. This tax is levied on businesses with over $150,000 in yearly taxable gross receipts — […]

Ohio Democrats promote ‘Equal Pay Act’ to close state’s wage gap

BY: - March 30, 2021

Democratic lawmakers have introduced legislation seeking to close the wage gap in Ohio and ensure that women earn as much as men in the workforce. State Reps. Stephanie Howse of Cleveland and Jessica Miranda of Forest Park recently sponsored the “Ohio Equal Pay Act,” which sets new requirements for public employers as well as business […]

Amid Ohio’s covid gloom, some bright spots

BY: - February 12, 2021

For almost a year now, Ohioans have been subjected to a relentless stream of bad news about the coronavirus.  First it was a shortage of masks, hand sanitizer, personal protective equipment and testing. Then, in December, the exciting news that a vaccine was finally here was closely followed by a botched rollout that fell far […]

More unemployment supplements, direct payments to families, would provide best economic boost, analysis says

BY: - October 20, 2020

More unemployment supplements, direct payments to families, would provide best economic boost, analysis says

Cleveland debate: Fact checking claims from Trump, Biden

BY: - September 30, 2020

President Donald Trump and former Vice President Joe Biden squared off in their first General Election debate in Cleveland on Tuesday night. There were plenty of fireworks throughout the night, most coming from the debate stage and not from Progressive Field three miles away. (Sorry, Indians fans.) Here is a look at several claims with […]

Ohio economists say mask mandate is well worth doing

BY: - August 17, 2020

Ohio economists say mask mandate is well worth doing

The grim calculus behind Ohio’s economic reopening

BY: - May 8, 2020

Ohio Gov. Mike DeWine called it a “great Ohio day” Thursday as he announced plans to reopen bars, restaurants, beauty salons and barber shops in the coming weeks. This comes after factories and other businesses have already opened and retail stores are set to open on Tuesday. But statewide and nationally, infections and deaths from […]

Who would benefit from Ohio’s minimum wage going up?

BY: - January 29, 2020

One-thousand, two-hundred and ninety-nine years.  The how long it would take for someone making Ohio’s minimum wage to earn the same amount as the state’s highest-earning CEO made in just the Fiscal Year 2018.  TransDigm CEO Kevin Stein earned $23.5 million in FY 2018. An Ohioan earning the minimum wage of $8.70 per hour would […]

Auto worker at a Chrysler plant in Ohio

Report: Ohio’s unemployment stayed put in November

BY: - December 20, 2019

Ohio’s unemployment rate was unchanged in November from a month prior and remains higher than the national average. The unemployment in November stood at 4.2 percent, the same it was in October, the Ohio Department of Job and Family Services reported on Friday. The rate is, however, better now in Ohio than November 2018 when […]

Joe Burrow, poverty, Ohio’s economy, the NEXUS pipeline and plastic bag bans

BY: - December 17, 2019

Each day in our newsletter, we are highlighting stories and commentary from other media big and small throughout Ohio and the nation. If you’d like to get this feature directly to your inbox, please sign up for our newsletter here.  Catching our eye: The Ohio Capital Journal is proud of Heisman winner Joe Burrow for highlighting issues […]

Pew report: Ohio’s tax revenues still have not recovered from recession

BY: - December 11, 2019

Most states have seen their tax revenue fully recovered from the economic recession a decade ago. Ohio is among the notable exceptions, research from the Pew Charitable Trusts shows, with tax collections in 2019’s first quarter still 7 percent below Ohio’s peak. Income taxes have been repeatedly slashed in Ohio budgets over the last decade. […]