Ohio, like the nation, is transitioning from a manufacturing based economy to a service economy. The Buckeye state remains a manufacturing leader but the number of jobs in this sector have seen a dramatic decline. Trade, transportation and utilities, education and health care, government and professional service jobs all have more jobs in Ohio than […]
The Ohio economy is the size of Saudi Arabia but long-term slow population and private sector job growth threaten the state’s economic success. Join the Montrose Group and leaders from Ohio’s economic development and business community to learn about the Ohio Competitiveness Report presented by Montrose Development Advisors, LLC to learn how the Ohio economy […]
Communities and companies alike in a complex world with ever changing markets need consulting services that address complex economic development issues such as where to locate companies, how can communities position themselves to grow and how do both communities and companies gain the financing needed for economic development projects to happen. Montrose Development Advisors focused […]
What may turnout to be the top issue in the campaign to replace John Kasich as Governor of Ohio, Republican Mike Dewine and Democrat Richard Cordray are sparring over who is to blame for the Opioid Crisis as well as to how to fix it. In an usual twist, both candidates for Governor are or […]
Battling opioid addiction is a top policy priority throughout the United States and local and state policymakers and the federal government are focused on addressing the issue. From a federal and state government perspective, solutions range from gathering data to define the problem to funding to border security to regulatory changes to empowering states and […]
The Cleveland Federal Reserve Bank released a groundbreaking report on the impact of the opioid crisis on the Fourth Federal Reserve District that includes Kentucky, Ohio, Pennsylvania and West Virginia. The findings of the Cleveland Federal Reserve Bank were troubling to say the least and provide a clear policy mandate for local, state and federal […]
Measuring a region’s economic performance is the next critical step to a corporate site location analysis. Again, population growth, regional Gross Domestic Product growth, market size and other factors are critical to measuring the economic attractiveness of a market. The population size of a market is an important measure of a region’s overall attractiveness. The […]
How a site compares to others sites from a demographic standpoint can be a critical factor in a corporate site location decision. Demographics measures the impact of population on any given issue. For over two hundred years, the impact of population growth on economic development has been a hot topic. In 1798, Thomas Malthus, a […]
A critical factor impacting a company’s corporate site location is the economic success of the state in which they are considering locating. State governments play a large role in the success of a region. Companies will conduct a review of the state’s economic performance through a review of the state’s economy involves understanding the state’s […]
The waiting is painful. The U.S. Treasury Department has certified over 8700 census tracts across the United States as Opportunity Zones. Through a comprehensive public engagement process the nation’s Governors recommended eligible census tracts and the Treasury all according to the required statutory deadline certified the Opportunity Zone census tracts across the U.S. that can […]