economy

The only high school in my hometown — Campbell, Ohio — was built on a hilltop just east of Youngstown.

Behind our football field, the earth sloped away, down to the Mahoning River valley where the Youngstown Sheet & Tube steel mills stretched out for miles.

Our school, our small town, the gritty air we breathed — they were inseparable from those blast furnaces.

For three generations of Campbell guys, seeking work at the mill was almost automatic. And smart: You were guaranteed great pay and union benefits.

The timing of Gov. John Kasich’s executive order for more urgent protection of Lake Erie from agricultural runoff may be especially bad for Ohio farmers.

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Note: This show originally aired on May 1, 2018

The Women’s Fund of The Greater Cincinnati Foundation works to ensure the economic self-sufficiency of women in our region and ignites a shared desire to improve it.

Baby-product company Evenflo has announced dozens of jobs will be leaving Miamisburg. The changes were announced earlier in the week as part of Evenflo’s parent company Goodbaby North America’s  corporate restructuring.

Under the plan, the company’s headquarters will relocate to Boston and eliminate roughly 60 jobs in Miamisburg within the next year.

Officials say the move will begin in the summer of 2018 and is expected to be completed by the first quarter of 2019.

Cumberland Falls Kentucky
James St. John / Flickr Creative Commons

Kentucky’s tourism industry generated more than $15 billion dollars in 2017. Department of Tourism Commissioner Kristen Branscum said in a release Monday the industry saw a 3.8-percent increase over the previous year and supported more than 195,000 jobs.

OhioMeansJobs.com

May 7 through May 11 has been designated In-Demand Jobs Week in Ohio, a celebration of jobs, industries and skills that are most in-demand in the state. Career opportunities continue to increase in healthcare, transportation, engineering, information technology and several other industries. And many of the jobs available don't require a four-year college degree.

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Covington has been busy expanding its business base by using incentives and local amenities to attract companies from both inside and outside the region. One example is pharmaceutical and biotechnology company CTI, which recently relocated its headquarters from Blue Ash to Covington.

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Political pundits aren't the only ones following this year's elections, investment professionals also have reason to closely monitor the polls and likely outcomes of the races for the White House and both houses of Congress. 

Tri-state home sales increased in December 2015 when compared to the same month of 2014.  According to local realtors, the entire year was better too.

Gerd Altmann / Via Pixabay.com

The local economy is looking good and unemployment is at the lowest level in more than a decade. That's according to Julie Heath with the U.C. Economics Center.

Current U.S. economic statistics seem to point to an improving economy: unemployment is down and home prices are up. Yet many Americans scratch their heads, wondering why their financial situation is not getting any better. Marketplace has partnered with Edison Research to examine this disconnect between the official numbers and how people really feel  about their economic prospects. Marketplace's Washington Bureau Chief Dave Shaw spoke with Mark Heyne about this latest poll’'s findings.

In his latest book, Saving Capitalism: For the Many, Not the Few, former U.S. Secretary of Labor Robert Reich details why he feels our economic system is not working, explains why the current recovery is bypassing so many Americans, and lays out his solutions for creating a market organized for broadly-bases prosperity.

Tana Weingartner / WVXU

Kentucky Governor Steve Beshear is touring the commonwealth touting a top rating by Site Selection magazine. The award recognizes Kentucky as the top state for economic development projects per capita in 2014.

If you've been  to Over the Rhine lately, you know people are flocking  there on the weekends and increasingly during the week. New restaurants, new shops, and new apartments and condos are helping transform the urban core.

The subject came up during the 2015 Regional Economic Outlook at Eggs 'N Issues Tuesday at the METS Center. That's where members of the Northern Kentucky Chamber of Commerce and the Cincinnati USA Regional Chamber heard:

Michael Keating / WVXU

  Joining us for a look at the business scene in and around Cincinnati are Chris DeSimio and reporter from the Cincinnati Business Courier, Steve Watkins.

In the second half of the show, they will be joined by Mark Motley from the investment firm of Foster & Motley to discuss the May numbers and the impact of mid-term elections on the markets.

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The Dayton Flyers' Men's NCAA basketball tournament run brought in more than just good press for the University of Dayton.

A study commissioned by two Dayton City Commissioners finds the team's unexpected success generated increased publicity for the city as well.

  The Center for Economic Analysis and Development (CEAD) at the Northern Kentucky University Haile/US Bank college of Business tracks and analyzes local, state and regional business, economic and demographic information in order to provide a clearer understanding of our area’s current economy. CEAD Senior Director Janet Harrah and local financial advisor Chris DeSimio  go over the latest numbers, and what they mean for our region’s future growth.

  Since the electronic virtual currency Bitcoin began circulating in 2009, it has garnered strong support, as well as serious concern, world-wide. Proponents of the crypto-currency point to its transparency and ease of use, while critics claim it is no more than a commodities bubble.

  If the winter weather isn’t enough to worry about, remember the April 15 tax filing deadline is now just six weeks away. Instructions for Form 1040 run 206 pages, the 1040EZ instruction booklet is 42 pages long. If you’ve already completed your return, congratulations, but if not, there are several changes to watch for this year.

The International Trade Administration (ITA) reports Ohio merchandise exports increased 3.9 percent from 2012 to 2013.

The organizations says exports grew to a record high $50.5 billion.

“Big export sales means more revenue which translate into economic growth and jobs for the Ohio,” said Marcia Brandstadt, Director of the U.S. Commercial Service in Cincinnati. “There is a great potential for more exporting—particularly among smaller businesses that have yet to sell abroad."

In a news release the ITA says:

The Cincinnati and Northern Kentucky regions' economy continues to bounce back from the recession that began five years ago, according to a new economic outlook report.

But the economic outlook report issued Wednesday said more can be done to pick up the pace.

The Cincinnati USA Regional Chamber and the Northern Kentucky Chamber of Commerce issued a report Wednesday that forecasts a two percent increase in gross regional product in 2014, compared to 1.4 percent this year.

Xavier University

Other than our former police chief, what does Detroit have that we don’t have? A group of Cincinnati leaders traveled to Detroit to get ideas from the city determined to pull itself up and out of bankruptcy. Sean Rhiney, director of The Eigel Center for Community-Engaged Learning at Xavier University, was part of the expedition and wrote about it for Soapbox Cincinnati.

Ann Thompson / WVXU

A Cincinnati organization says it now has economic proof it is making a difference in the community and the lives of people it is helping find jobs.

Investment Outlook

Sep 4, 2013
Farr, Miller & Washington LLC

Michael K. Farr, president and majority owner of investment management firm Farr, Miller & Washington LLC, is a contributor for CNBC television, and has appeared on networks and shows including “The Nightly Business Report,” CNN, BloombergTV, and Reuters. He discusses the current investment outlook with Chris DeSimio and Mark Heyne.

Federal Reserve Bank of Cleveland

In July the unemployment rate in Ohio was steady at 7.2%, but rose to 8.5% in Kentucky. Dr. LaVaughn Henry, vice president and senior regional officer of the Cincinnati Branch of the Federal Reserve Bank of Cleveland, and Northern Kentucky University Professor of Economics, Dr. Gary Clayton, review and explain the latest employment numbers.

City of Dayton, Ohio

  Each year thousands of people come to Greater Cincinnati for conventions and trade shows and contribute millions of dollars to our local economy. Mark Heyne talks with Northern Kentucky Convention and Visitors Bureau President and CEO Eric Summe and President and CEO of the Cincinnati Convention and Visitors Bureau, Dan Lincoln, about attracting meetings and conventions here.

Sarah Ramsey / WVXU News

The Horseshoe Casino Cincinnati has been open since early March, on today's Cincinnati Edition we’ll discuss the economic impact the casino has had during its first four months of operation with Senior Vice President & General Manager Kevin Kline.

Esteemed Princeton professor, Wall Street Journal columnist, and former vice chairman of the Federal Reserve Board, Alan Blinder, has written a fascinating post-mortem of the 2008 financial crisis with a look forward at next steps. The author is On the Money with Chris DeSimio to talk about After the Music Stopped: The Financial CrisiFes, the Response, and the Work Ahead.


House Speaker John Boehner says the sooner the government starts addressing its fiscal problems, the sooner the economy will begin to improve.  Boehner spoke with employees of Vinylmax, a window manufacturer in Hamilton, during a tour of the company's plant Monday. 

He says investors and business people around the country are looking for some certainty about what Washington is going to do.

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