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Author Topic: Dayton: General Business & Economic News  (Read 34307 times)

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Offline Jeffery

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Re: Dayton: General Business & Economic News
« Reply #140 on: March 31, 2010, 08:06:54 AM »
The article says its a joint venture or partnership with UD, so it could go on the old NCR site, which is right next to their new campus (old NCR HQ bldg).

Offline Sherman Cahal

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Re: Dayton: General Business & Economic News
« Reply #141 on: March 31, 2010, 08:19:19 AM »
It will most likely be located at Vandalia.

"GE has an existing electrical power systems unit in the Dayton suburb of Vandalia which employs 276. That site and the Evendale headquarters for GE's aviation business were considered the leading candidates for the new center which will focus on advanced technology for military and civilian hybrid electric vehicles and aircraft applications."

Offline Jeffery

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Re: Dayton: General Business & Economic News
« Reply #142 on: March 31, 2010, 08:34:50 AM »
They have a lot of open land on their Vandalia site, so it might fit up there (not sure what kind of footprint this means).  If not and they want to be close, they can located at other Vandalia locations (lots of available land up there).


Offline Scrabble

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Re: Dayton: General Business & Economic News
« Reply #144 on: August 04, 2010, 02:47:41 AM »
Not sure if there's a more specific thread for this:

Former GM plant to be sold soon, Moraine city manager says
By Thomas Gnau, Staff Writer   
Updated 2:39 AM Wednesday, August 4, 2010

MORAINE — The former General Motors assembly site may soon have a new owner, city leaders believe.

David Hicks, Moraine city manager, said Tuesday, Aug. 3, he believes the former SUV assembly plant may be sold within two months. That’s based on conversations Hicks said he has had with one of the potential buyers and other sources.

more: http://www.daytondailynews.com/news/dayton-news/former-gm-plant-to-be-sold-soon-moraine-city-manager-says-842449.html

Offline Scrabble

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Re: Dayton: General Business & Economic News
« Reply #145 on: August 04, 2010, 02:51:31 AM »
GE sizing up Dayton for $51M research facility
By Christopher Magan, Staff Writer   
Updated 1:31 AM Saturday, July 24, 2010

University of Dayton officials will soon get their chance to convince General Electric that the school’s growing research arm is reason to locate GE’s new $51 million facility in the city’s aerospace hub. “There is nobody like us that has a dedicated research staff of 415 people. That is a powerful organization to collaborate with,” said Mickey McCabe, head of research for UD.
...
Daniel J. Curran, university president, said school officials are pitching two sites to GE — one in Tech Town and another at the corner of Stewart Street and Patterson Boulevard, which the university acquired from NCR in 2005. Both sites are near university research facilities, including the former NCR headquarters that the school bought in 2009.

more: http://www.daytondailynews.com/business/ge-sizing-up-dayton-for-51m-research-facility-827353.html

Offline Scrabble

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Re: Dayton: General Business & Economic News
« Reply #146 on: August 11, 2010, 08:39:52 AM »
WPAFB-related jobs boosted Dayton metro ’09 incomes
By Tim Tresslar, Staff Writer   Updated 1:22 AM Wednesday, August 11, 2010

The four-county Dayton Metropolitan Statistical Area saw the smallest drop in personal income last year among Ohio’s major metros, according to federal data.

Total income in Greene, Miami, Montgomery and Preble counties fell to $29.5 billion last year, versus $29.7 billion a year earlier, a 0.7 percent decline, according to the Commerce Department’s Bureau of Economic Analysis. This includes all net earnings received by everyone in a geographic area.

more: http://www.daytondailynews.com/news/dayton-news/wpafb-related-jobs-boosted-dayton-metro-09-incomes-854374.html

Offline PhillyEngineer

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Re: Dayton: General Business & Economic News
« Reply #147 on: December 19, 2010, 03:23:38 AM »

Offline noozer

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Re: Dayton: General Business & Economic News
« Reply #148 on: May 23, 2011, 01:23:01 AM »

Auto supplier plans $20M facility
Dayton Business Journal - by Ginger Christ, DBJ
Date: Friday, May 20, 2011, 3:58pm EDT - Last Modified: Saturday, May 21, 2011, 8:57pm EDT

A Kettering business is looking to consolidate its operations in the Dayton and Michigan area at a new site at the Miami Valley Research Park.

BWIGroup, the joint venture that acquired Delphi’s brake and suspension units in November 2009, has taken steps to build a $20.2 million facility on College Drive in Kettering for BWI North America Inc.

While specifics on the building are not yet available, the proposed project would create 130 new full-time positions paying an average of $40 per hour and retain 225 full-time jobs, according to an application filed with the State Controlling Board.

 

Read more: http://www.bizjournals.com/dayton/news/2011/05/20/auto-supplier-plans-20m-facility.html
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Offline noozer

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Re: Dayton: General Business & Economic News
« Reply #149 on: June 06, 2011, 02:51:22 AM »
$69M Caterpillar center to hire hundreds
By Thomas Gnau, Staff Writer
Updated 8:57 AM Monday, June 6, 2011

CLAYTON — Caterpillar Logistics’ new distribution center here is so big that construction crews took into account the curvature of the Earth when building the 1.6 million-square-foot center.

But as big as the physical structure is, its economic promise stands larger.

About 115 people have been hired so far, and up to 500 more jobs could be added in the next year or so depending on economic conditions, said Jason Murphy, the center’s human resources manager. For a region battered by disappearing jobs, lost wages and economic turmoil, those are reassuring numbers.

Last week, the center started its second shift. By May 2012, the center will be a 24/7 operation, depending on business conditions, Murphy said.

Read more at: http://www.daytondailynews.com/business/-69-69m-caterpillar-center-to-hire-hundreds-1177201.html
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Offline Quimbob

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Re: Dayton: General Business & Economic News
« Reply #150 on: October 28, 2011, 01:54:53 AM »
Cox Newspapers is doing some musical chair type consolidating. Some copy desk & design going to Dayton (& Fla.). Some stuff moving to Atlanta.
http://tinyurl.com/42lssvd

Offline Columbo

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Re: Dayton: General Business & Economic News
« Reply #151 on: December 12, 2011, 03:41:48 AM »
An excerpt from a November 2, 2011 article about Wright-Patterson Air Force Base from Dayton Business Journal.

Wright-Patt to net 350 jobs after restructuring
Dayton Business Journal by Joe Cogliano, Senior Reporter
Date: Wednesday, November 2, 2011, 7:34pm EDT


Wright-Patterson Air Force Base appears to have fared well during the latest streamlining efforts.  Officials said the base will post a net gain of more than 350 positions when the dust settles on a restructuring effort announced Wednesday (Nov. 2).
 
Air Force Materiel Command will consolidate its 12 centers into five, two of which will be based at Wright-Patt in Dayton.  Wright-Patt will house a Life Cycle Management Center focusing on acquisition and will continue to be headquarters for Air Force Research Laboratory.
(. . .)
Over the next two fiscal years, Wright-Patt is losing nearly 390 positions - in areas such as installation support - but adding more than 700 jobs related to improving processes such as acquisition and Intelligence, Surveillance, and Reconnaissance capabilities.

In total, Wright-Patt employs roughly 27,000 people, including about 12,000 civilian workers.  There are tens of thousands more defense contractor employees in the Dayton region because of the base.  Wright-Patt has an annual economic impact on the Dayton region of more than $5 billion.

MORE: http://www.bizjournals.com/dayton/news/2011/11/02/wright-patt-to-net-350-jobs-after.html
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Offline ColDayMan

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Re: Dayton: General Business & Economic News
« Reply #152 on: December 12, 2011, 07:01:44 AM »
Yay!
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Offline noozer

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Re: Dayton: General Business & Economic News
« Reply #153 on: December 19, 2011, 02:50:32 AM »
Rock-bottom prices lure firms to buy vacant sites
Developers cautious during fragile recovery
By Randy Tucker, Staff Writer
Updated 9:16 AM Monday, December 19, 2011

DAYTON — Industry insiders remain cautious, but the Dayton-area commercial real estate market is showing signs of life as buyers take advantage of rock-bottom prices in a market replete with vacant office and industrial buildings.

Falling prices and favorable interest rates are luring companies that want to expand or relocate at the lowest possible cost, said Dave Dickerson of Gem Real Estate, which conducts annual surveys of key segments of the commercial market.

“Most of the buyers we’re seeing now intend to occupy the space themselves,” Dickerson said. “They’re saying let’s look at
 existing buildings if there’s a good buy there because we can still make major renovations to the property and be well below replacement or new construction costs.”


Read more at: http://www.daytondailynews.com/news/dayton-news/rock-bottom-prices-lure-firms-to-buy-vacant-sites-1301102.html
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Offline Quimbob

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Re: Dayton: General Business & Economic News
« Reply #154 on: February 13, 2012, 05:09:47 AM »
Obama defense budget leaves Wright-Patterson relatively unscathed

"President Obama’s 2013 defense budget, released on Monday, appears to leave Wright-Patterson Air Force Base relatively unscathed as the administration gets started on $487 billion in defense spending cuts over the next 10 years."

http://www.springfieldnewssun.com/news/springfield-news/obama-defense-budget-leaves-wright-patterson-relatively-unscathed-1327913.html

Offline Quimbob

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Re: Dayton: General Business & Economic News
« Reply #155 on: March 12, 2012, 12:22:55 AM »
Dayton Cyclery, 506 Wayne Ave., has launched a bike messenger service and a restaurant delivery service in downtown Dayton and surrounding neighborhoods.
The delivery zones include McPherson Town, St. Anne’s Hill, South Park, Sinclair Community College, Miami Valley Hospital and the Oregon District.

http://www.journal-news.com/news/hamilton-business-news/ohio-becoming-more-business-friendly-really--1341671.html

Offline Quimbob

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Re: Dayton: General Business & Economic News
« Reply #156 on: April 05, 2012, 03:17:15 AM »
Dayton home prices rise 2nd-fastest in U.S.

"Home prices in the Dayton metro area were among the fast-growing in the nation in the past four months, second only to the Phoenix area, according to a new report released today.
The Dayton area, which saw home prices rise 6.3 percent, far outpaced other metro areas in Ohio, including the Cincinnati-Middletown metro area, which saw prices fall 1.3 percent, according to Clear Capital’s quarterly Home Data Index of single-family home and condo sales."

more:
http://www.daytondailynews.com/news/dayton-news/dayton-home-prices-rise-2nd-fastest-in-u-s--1355371.html

Offline MissinOhio

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Re: Dayton: General Business & Economic News
« Reply #157 on: April 09, 2012, 08:32:47 AM »
Dayton home prices rise 2nd-fastest in U.S.

"Home prices in the Dayton metro area were among the fast-growing in the nation in the past four months, second only to the Phoenix area, according to a new report released today.
The Dayton area, which saw home prices rise 6.3 percent, far outpaced other metro areas in Ohio, including the Cincinnati-Middletown metro area, which saw prices fall 1.3 percent, according to Clear Capital’s quarterly Home Data Index of single-family home and condo sales."

more:
http://www.daytondailynews.com/news/dayton-news/dayton-home-prices-rise-2nd-fastest-in-u-s--1355371.html


Good for Dayton.  I know they are just estimates, but the new estimates have the Dayton metro area growing by over 3,000 people, and Montgomery county also grew.  Something is happening in Dayton.

Offline quantumfootball

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Re: Dayton: General Business & Economic News
« Reply #158 on: April 10, 2012, 05:54:55 PM »
Dayton home prices rise 2nd-fastest in U.S.

"Home prices in the Dayton metro area were among the fast-growing in the nation in the past four months, second only to the Phoenix area, according to a new report released today.
The Dayton area, which saw home prices rise 6.3 percent, far outpaced other metro areas in Ohio, including the Cincinnati-Middletown metro area, which saw prices fall 1.3 percent, according to Clear Capital’s quarterly Home Data Index of single-family home and condo sales."

more:
http://www.daytondailynews.com/news/dayton-news/dayton-home-prices-rise-2nd-fastest-in-u-s--1355371.html


Good for Dayton.  I know they are just estimates, but the new estimates have the Dayton metro area growing by over 3,000 people, and Montgomery county also grew.  Something is happening in Dayton.

While GM hasn't come back and activated any of their former plants that they hadn't torn down, there are a lot of companies that provide technical support to GM and other car companies that are still in Dayton that are rehiring a bunch of people. Also, there was a plant downtown that couldn't be demolished because of environmental reasons that was fortuitously struck by lightning a few years ago, and there are now various office and r+d buildings in its place that have just been occupied in the last year.

Offline subocincy

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Re: Dayton: General Business & Economic News
« Reply #159 on: April 10, 2012, 10:45:56 PM »
Dayton may have just started its end run back to good grace and prominence, but so much needs to happen (especially in its CBD).  I suspect that just about every urban-lover in Ohio wishes this city well.  At this particular time what else can be said that isn't already well known?  Personally, I'm elated over the looming reality of "Cin-Day" (sorry to the naysayers, but the merger is occurring)--however, Dayton's "internal problems" are formidable...to say the least.  Enough said.

Offline MissinOhio

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Re: Dayton: General Business & Economic News
« Reply #160 on: April 11, 2012, 02:32:44 PM »
Dayton may have just started its end run back to good grace and prominence, but so much needs to happen (especially in its CBD).  I suspect that just about every urban-lover in Ohio wishes this city well.  At this particular time what else can be said that isn't already well known?  Personally, I'm elated over the looming reality of "Cin-Day" (sorry to the naysayers, but the merger is occurring)--however, Dayton's "internal problems" are formidable...to say the least.  Enough said.

I know the situation is bad in Dayton, but this isn't anything new to Ohio.  What was said here, is basically true for all of Ohio's large cities, even Columbus.  Ohio needs to get its act together, and do so quickly.

Offline ColDayMan

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Re: Dayton: General Business & Economic News
« Reply #161 on: April 11, 2012, 02:41:41 PM »
^Agreed.
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Offline Jeffery

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Re: Dayton: General Business & Economic News
« Reply #162 on: April 18, 2012, 12:43:29 AM »
A report on office vacancy rates in the Dayton region:

Dayton leads U.S. in vacant offices, report says

Dayton has the highest office vacancy rate among the nation’s metropolitan areas, and the portion of its office space that is unoccupied is at least at a 13-year high, according to new data from a real estate research firm.


....research firm is based in NYC, but the local real estate grouip tha tracks this gives these numbers:

Downtown Dayton has the largest glut of unused office space in the region, and its office vacancy rate was about 33.2 percent in 2011, according to a survey by the Dayton-based Gem Real Estate Group.

But the city’s vacancy rate improved last year from 34.2 percent in 2010, even though the vacancy rate worsened in Dayton’s suburbs. In the suburbs, it climbed to 22.4 percent last year from 21 percent in 2010


Basically we are bottoming-out w. this commercial real-estate stuff.  Only threat on the horizon here is possible defense sector contraction leading to more vacancy in the Greene County/Research Park submarket.






Offline Jeffery

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Re: Dayton: General Business & Economic News
« Reply #163 on: April 18, 2012, 12:46:28 AM »
Quote
Dayton Cyclery, 506 Wayne Ave., has launched a bike messenger service and a restaurant delivery service in downtown Dayton and surrounding neighborhoods

...I stopped by this place the other evening (he is open late), and the guy repairs and I think even hand-builds bikes.  He has some vintage bikes he is restoring.  Pretty neat to see this place in operating.  He says he's the only bike shop within the city limits.


 

Offline Rusty Shackleford

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Re: Dayton: General Business & Economic News
« Reply #164 on: April 20, 2012, 06:04:47 AM »
Boo, hiss:

Dayton chooses Colorado firm to create new website

Atlas Advertising beat out 15 bids, 5 local, to build site.

http://www.daytondailynews.com/news/dayton-news/dayton-chooses-colorado-firm-to-create-new-website-1362876.html

   
Quote
DAYTON — The City of Dayton Office of Economic Development has contracted Atlas Advertising, LLC out of Denver, Colo. for $45,000, to create an economic development website that promotes the city to businesses.

    The award-winning company beat out 15 other bids, including five local firms, to create the site that will feature state-of-the-art search and database tools to show businesses what Dayton has to offer.


I just love that a pro-local business organization contracted with an out of state provider. It's almost Onion material.

There are web dev companies and ad agencies with web development sides leaking out of every corner here. IMO they didn't scratch the surface hard enough, or their demands were ridiculous for what they wanted. I think it's probably a combination of arrogance and laziness at work, unless anyone here cares to set up a fake ID to post what really happened.  :evil:
« Last Edit: April 20, 2012, 06:18:47 AM by Rusty Shackleford »

Offline subocincy

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Re: Dayton: General Business & Economic News
« Reply #165 on: April 20, 2012, 06:40:22 AM »
^ Like was just said, definitely "Onion" material!  Not only are there web-designers in Dayton, but also in Cincinnati (a regional marketing center).  Thanks-but-no thanks, Dayton for your "support" of regional know how...

Offline ColDayMan

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Re: Dayton: General Business & Economic News
« Reply #166 on: May 18, 2012, 07:44:23 AM »
Midmark moving exec offices to Dayton, expanding in Darke County



Midmark Corp. is planning to move its executive offices to Dayton and add 100,000 square feet to its Versailles campus.

The Versailles-based medical equipment manufacturer confirmed the news Friday. It appears to be the unnamed medical company that has been considering a relocation of its headquarters to Dayton.

Midmark plans to move about 60 workers to Dayton, and is currently in discussions to lease space at the Tech Town complex. Officials said the company’s intention to open offices near downtown Dayton is dependent upon successful negotiations and the approval of a pending grant application.

Full article below:
http://www.bizjournals.com/dayton/news/2012/05/18/midmark-moving-hq-to-dayton-expanding.html
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Offline Rusty Shackleford

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Re: Dayton: General Business & Economic News
« Reply #167 on: May 21, 2012, 11:20:24 AM »
Dayton’s downtown postal facility to close in 2013

http://www.daytondailynews.com/news/dayton-news/daytons-downtown-postal-facility-to-close-in-2013-1377195.html

Quote
The nearly bankrupt U.S. Postal Service announced on Thursday it will close as many as 140 mail processing centers across the country between now and February 2013, including the facility at 1111 E. Fifth St. in Dayton.

The Dayton Processing and Distribution Facility, which employs 432 workers, will close sometime in early 2013, and local operations will be transferred to Columbus.


Dayton doesn't rate its own central post office now?

The USPS is undergoing a controlled implosion, IMO.

Offline natininja

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Re: Dayton: General Business & Economic News
« Reply #168 on: May 21, 2012, 11:36:07 AM »
Wow, that's awful.

Offline seanian513

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Re: Dayton: General Business & Economic News
« Reply #169 on: May 21, 2012, 01:16:14 PM »
Dayton’s downtown postal facility to close in 2013

http://www.daytondailynews.com/news/dayton-news/daytons-downtown-postal-facility-to-close-in-2013-1377195.html

Quote
The nearly bankrupt U.S. Postal Service announced on Thursday it will close as many as 140 mail processing centers across the country between now and February 2013, including the facility at 1111 E. Fifth St. in Dayton.

The Dayton Processing and Distribution Facility, which employs 432 workers, will close sometime in early 2013, and local operations will be transferred to Columbus.


Dayton doesn't rate its own central post office now?

It doesn't make since to me to move the mail processing so far away.  Just cut Saturday delivery services, that would save some money. 

« Last Edit: May 21, 2012, 01:17:39 PM by seanian513 »

Offline Rusty Shackleford

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Re: Dayton: General Business & Economic News
« Reply #170 on: May 31, 2012, 05:25:41 AM »
Saw this on City-Data:

A Gap in College Graduates Leaves Some Cities Behind

http://www.nytimes.com/2012/05/31/us/as-college-graduates-cluster-some-cities-are-left-behind.html?hp&pagewanted=all

Quote
DAYTON, Ohio — As cities like this one try to reinvent themselves after losing large swaths of their manufacturing sectors, they are discovering that one of the most critical ingredients for a successful transformation — college graduates — is in perilously short supply.

Just 24 percent of the adult residents of metropolitan Dayton have four-year degrees, well below the average of 32 percent for American metro areas, and about half the rate of Washington, the country’s most educated metro area, according to a Brookings Institution analysis. Like many Rust Belt cities, it is a captive of its rich manufacturing past, when well-paying jobs were plentiful and landing one without a college degree was easy.

Educational attainment lagged as a result, even as it became more critical to success in the national economy. “We were so wealthy for so long that we got complacent,” said Jane L. Dockery, associate director of the Center for Urban and Public Affairs at Wright State University here. “We saw the writing on the wall, but we didn’t act.”


Burn! for Dayton.  :whip:

Offline ColDayMan

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Re: Dayton: General Business & Economic News
« Reply #171 on: June 04, 2012, 07:36:49 AM »
Dayton adds 4,800 jobs in 12-month period

The Dayton region is showing signs of economic recovery. The area added 4,800 jobs in past year, which ranks it No. 46 in the nation in terms of raw jobs added. On a percentage basis, the new jobs represent a 1.3 percent jump, which ranks Dayton No. 36 nationally, according to an On Numbers report.

On Numbers totaled the latest employment figures for the nation’s 100 biggest labor markets, using newly released data from the U.S. Bureau of Labor Statistics.

.............

As for other Ohio cities:

• Cincinnati ranked No. 17 nationally (adding 17,100 jobs);

• Columbus ranked No. 28 nationally (adding 10,200 jobs);

• Akron ranked No. 63 nationally (adding 2,800 jobs);

• Youngstown ranked No. 73 nationally (adding 1,100 jobs);

• Toledo ranked No. 87 nationally (losing 400 jobs); and

• Cleveland ranked No. 100 nationally (losing 7,900 jobs).

More below:
http://www.bizjournals.com/dayton/news/2012/06/04/dayton-adds-4800-jobs-in-12-month.html
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Offline willalbro

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Re: Dayton: General Business & Economic News
« Reply #172 on: June 04, 2012, 09:26:48 AM »
^^ That's great news for Dayton, thanks for posting!

Offline ColDayMan

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Re: Dayton: General Business & Economic News
« Reply #173 on: June 05, 2012, 07:31:10 AM »
Dayton among top arts destination cities in country

Dayton has rocketed to the No. 2 spot nationwide for best arts destination, beating out many much larger cities.

In a recent poll by American Style magazine, Dayton debuted at second place on the list among mid-size cities for its arts scene, beating out both Cincinnati (No. 9) and Cleveland (No. 19), despite not being included on the ballot.

Full article below:
http://www.bizjournals.com/dayton/blog/morning_call/2012/06/dayton-among-top-arts-destination.html
I love it when people come into a message board and immediately begin to mix it up.  I mean, Jesus, at least say hello!  Do you walk into a room full of strangers, pick a random woman, and tell her she's fat? - buildingcincinnati

Offline Jeffery

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Re: Dayton: General Business & Economic News
« Reply #174 on: June 05, 2012, 07:47:52 AM »
^
I have a tough time believing that.  Wonder if there was some ballot box stuffing going on.