economy

Marketplace Presents "The Economy: What Now"

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The Economy: What Now (from Marketplace)

Tuesdays at 7 p.m.

August 4 - Technology: The Pivot Point
Marketplace Tech host Molly Wood

Governor Andy Beshear entered office in December, unseating an unpopular incumbent and with plans to bolster education in the state. But so far, most of the first part of his tenure's early days has been swallowed by the coronavirus.

With the economy continuing to reopen, and COVID-19 cases continuing to rise, many are left wondering: is the worst over yet?

Updated at 12:37 p.m. ET

The Senate Banking Committee took its first look at spending under the massive CARES Act, which Congress approved in March to provide assistance to individuals, businesses and local governments affected by the coronavirus pandemic.

Federal Reserve Chair Jerome Powell and Treasury Secretary Steven Mnuchin were pressed by senators about their stewardship of specific aspects of the approximately $2 trillion relief package at Tuesday's remote hearing.

Gov. Mike DeWine on Tuesday threw some cold water on President Trump's remarks that the U.S. should "reopen" for business by mid-April.

The numbers of low-income Ohioans turning to food pantries for help are climbing. And with signs of trouble for the economy on the horizon, advocates at Ohio's 12 regional foodbanks and the hundreds of food pantries and soup kitchens that they serve are worried.

comade manufacturing
Courtesy of CoMADE

Cincinnati's first hardware accelerator, First Batch, was launched in 2012. Its success in advising entrepreneurs and growing businesses inspired the creation of CoMADE, a unique manufacturing initiative designed to become an engine for new job growth and new opportunities in our region.

A new report from a D.C.-based think tank offers insight into how Ohio's economy has weathered the post-recession years compared to other Midwest states. The Brookings Institution report released Wednesday, called The State of the Heartland Factbook 2018, looks at economic conditions in 19 mostly-Midwestern states since 2010.

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.

Covington Attracting New Businesses

Apr 10, 2017
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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.

pixabay.com

 

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.

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