economy

Biden tangles with Florida GOP Sen. Rick Scott: ‘I think the man has a problem’

BY: - May 11, 2022

WASHINGTON — President Joe Biden pledged Tuesday to make a fight against inflation his top domestic priority while rebuking Republican economic proposals he said miss the mark — zeroing in on Florida GOP Sen. Rick Scott. The president’s remarks at the White House came after Scott earlier in the day called on Biden to resign […]

COMMENTARY

How the Supreme Court limiting abortion access could harm the economy and women’s well-being

BY: - May 6, 2022

By Michele Gilman, University of Baltimore A leaked draft suggests the Supreme Court is ready to overturn Roe v. Wade, the landmark case that gave women the right to terminate a pregnancy. But reproductive health isn’t just about abortion, despite all the attention the procedure gets. It’s also about access to family planning services, contraception, […]

Study of Ohio arts industry during pandemic shows big hits to state economy

BY: - April 14, 2022

An analysis commissioned by an Ohio arts foundation showed significant unemployment and economic losses in the arts, and thus in the state, as the pandemic cancelled shows and exhibits. The “creative industries,” as the arts are called in a report announced this week by the Ohio Citizens for the Arts Foundation, are a “critical economic […]

COMMENTARY

Ohio can measure ‘genuine progress’ over pandemic losses

BY: - April 11, 2022

The 2020s have been a tumultuous time for Ohio’s economy. The shock of quickly closing the economy to stave off the overcrowding of hospitals has been followed by two years of hesitancy for state residents to shop, eat out and engage in public life. This tumult was captured in state Gross Domestic Product (GDP) numbers. […]

Mysterious nonprofit with AEP ties has $3 million to unload, tax records show

BY: - March 17, 2022

Under shadow of a public corruption probe centered on the utility industry and its use of untraceable political spending, a nonprofit with close ties to American Electric Power disclosed harboring $3 million in the bank that it could unload as statewide elections loom. Open Road Path — a nonprofit run by a lawyer and lobbyist […]

COMMENTARY

Why is inflation so high? Is it bad? An economist answers 3 questions about soaring consumer prices

BY: - December 13, 2021

By William Hauk, University of South Carolina Consumer prices jumped 6.8% in November 2021 from a year earlier – the fastest rate of increase since 1982, according to Bureau of Labor Statistics data published on Dec. 10, 2021. The biggest jumps during the month were in energy, used cars and clothing. The Conversation U.S. asked […]

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 […]