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Economic Improvement Slows In Ohio

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The real gross domestic product is the total value of all goods and services produced in the state, adjusted for inflation. The new and revised data shows that in 2012 the figure was $435 billion, up from $426 billion in 2011.
10:27AM
June
7, 2013

Newly released statistics show Ohio’s economy grew slightly last year for the third consecutive year, but growth was below 2011 levels.

Ohio Income Growth Outpaces Most Of The Nation

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Per-capita personal income includes all earnings such as wages, dividends, interest income and rents. In Ohio, it rose by 1.7 percent to $39,289 between 2011 and 2012.
8:59AM
April
2, 2013

Ohio’s per-capita income rose at one of the fastest rates in the nation last year.

JobsOhio Accepts $7 M In Donations, Donors Remain Anonymous

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Documents from JobsOhio show half of the 26 salaries paid by the organization were at least $100,000, with JobsOhio’s president and CIO making $225,000.
8:00AM
March 7, 2013

An annual report from the state’s semi-private job creation agency says it’s attracted $7 million in donations and millions more in public money.

Fewer Ohioans Starting Their Own Business

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Of the more than 5.5 million people employed in Ohio, only about 5.6 percent of the workers are self-employed.
7:54AM
February
28, 2013

Fewer Ohioans are going into business for themselves these days, with the number of self-employed in the state at its lowest level since 2001.

Ohio Restaurants Optimistic About 2013

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The National Restaurant Association says after seeing profits fizzle more than sizzle during the recession, eateries will post record sales roughly four percent higher in 2013 and add jobs at a roughly 2.5 percent rate higher than the overall U.S. job market.
8:03AM
January
22, 2013

The National Restaurant Association says after seeing profits fizzle more than sizzle during the recession, eateries will post record sales roughly four percent higher in 2013 and add jobs at a roughly 2.5 percent rate higher than the overall U.S. job market.

Report: SEC Looking Into Big Lots CEO’s Trading

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Steve Fishman joined Big Lots in 2005 after previously working at Franks Nursery & Crafts Inc., Rhodes Inc., and Federated Department Stores Inc.
1:06PM
December 5, 2012

The Wall Street Journal reports that the Securities and Exchange Commission has launched an inquiry into a $10 million trade by outgoing Big Lots CEO Steve Fishman.

Shopping Fell During Week After Thanksgiving

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The International Council of Shopping Centers says retail sales dropped more than three percent for the week ended December 1st.
8:30AM
December
5, 2012

The International Council of Shopping Centers says retail sales dropped more than three percent for the week ended December 1st.

Ohio Companies Banking On Exports Program

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Kimberly Ullner founded her specialty food company, 1-2-3 Gluten Free, eight years ago. She’s since seen interest in gluten-free products flourish, and now wants to move into markets including Europe, South America, and the Middle East.
7:55AM
November
13, 2012

Some Ohio businesses are pinning their hopes to a new federal program that matches companies with potential partners overseas.

Central Ohio Job Market Continues To Outpace State

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Local unemployment data from the Ohio Department of Job and Family Services shows Columbus' unemployment rate fell to 5.7 percent in September.
12:40PM
October 23, 2012

According to state figures released Tuesday, the unemployment rate for central Ohio fell from 6.0 percent in August to 5.7 percent last month. That’s the lowest level in more than more than four years and more than a full percent below the current statewide average.

Glimmer Of Hope For Ohio Jobs Market

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File photo
7:32AM
September 26, 2012

A manager at a Columbus jobs center says an increasing number of employers are asking for workers, sometimes dozens at a time and requesting they be on the job as soon as the next day.