While the economic news at the national level remains largely disappointing, Ohio has seen its economy continue to grow and prosper. Our state can serve as an example to the rest of the country of how to turn around an ailing economy, beginning with cutting spending and taxes, as well as balancing the budget. Another major part of Ohio’s economic success during the past several months has been due to the efforts of JobsOhio.
RMI was one of 77 companies that worked in coordination with JobsOhio during the second quarter (April through June) of this year. Those companies committed to creating 4,666 new jobs equaling $205 million in new payroll, including new capital investments of $863 million.
Over the past 18 months, Ohio has been a shining example of how to attract new businesses and investments. According to the JobsOhio report, Ohio has been in the top four nationwide in job creation over the past 12 months and has experienced 11 consecutive months of increased employment.
I believe the progress our state has experienced in the past year and a half will continue if we remain committed to keeping taxes low and maintaining regulations that are fair and consistent, ensuring stability in the marketplace and restoring confidence among business owners.