Business & Economy

Planning for a Secure Financial Future

May 6, 2011

How can you move to plan for a financially secure future? Jonathan Pond, a financial adviser for PBS, joined All Sides with Ann Fisher to talk about practical advice for dealing with the economic downturn, and planning for a secure financial future. Pond also talked about financial stability for everyone. "We've had people range from 18 through their late 90's," Pond said.

In April, more than 37,000 jobs were created in Ohio - which led the nation. But Ohio's unemployment rate is still at a 25 year high. And a recent report by the Ohio Supreme Court showed new foreclosures were nine percent higher than the same period last year. Reporters from public radio stations around the state hit the streets to ask Ohioans to describe their feelings about the economy now and looking forward. Click on the listen bar to hear the report.

Ohio Third Frontier Program

Apr 14, 2010

Special coverage of the 2010 May 4 primary election; two points of view about State Issue 1, a proposed constitutional amendment to renew the Ohio Third Frontier Program to promote economic growth through high-tech research and business innovation by issuing an additional $700 billion in state general obligation bonds over four years, with TechColumbus president/CEO Ted Ford and Maryland Public Policy Institute senior fellow Marc Kilmer.

U.S. Financial System

Jan 11, 2010

The condition of the U.S. financial system, with The Ohio State University Fisher College of Business finance professor emeritus Stephen Buser.

Central Ohio's Economy

Jan 5, 2010

Central Ohio's economy - the good, the bad, and the ugly - with a panel of local economic experts: Columbus Chamber of Commerce vice president of economic analysis Bill LaFayette, Huntington Bancshares vice president George Mokrzan and Commerce National Bank chief economic adviser James Newton.

Ohioans Sound Off On Economy.

May 26, 2009

Economic leaders such as former Federal Reserve Chair Alan Greenspan say the economy is improving. But other experts, including super-investor Warren Buffett, say tough times are ahead before the real recovery gets underway. Reporters from public radio stations around the state hit the streets to ask Ohioans how they think the economy is doing now.

Groups React Differently to New Fee Hikes

Feb 23, 2009

Governor Ted Strickland's proposed two-year state budget for Ohio includes more than one billion dollars in new fees. Some groups that would have to pay more are complaining, but not all of them. Statehouse correspondent Bill Cohen reports.

As talk of bailouts, budget deficits and job cuts continues to make news, some of the state's top money watchers say that the economic crisis that's gripping Ohio won't let loose anytime soon. Statehouse correspondent Karen Kasler reports.

Strickland Says "Depression" Possible

Dec 11, 2008

Governor Strickland says the state's current recession could worsen to a depression without federal assistance.

To underscore the state's need for a federal loan, Strickland asked agency directors to figure out what their departments would look like with 25 percent less money. The Department of Education said per pupil spending would have to be slashed.

But David Hansen of the Buckeye Institute suggests cutting the entire department since, he notes, the Department of Education does not educate any students.

Layaway Makes a Comeback in Sagging Economy

Nov 24, 2008

The holiday shopping season is almost in full swing. But this year consumers may not be spending as much on gifts as the economy continues to slide south. In an effort to help customers and secure sales, retailers are pushing an old tradition - The layaway. Some retailers are aggressively pushing their plans, and at least one which had discontinued layaways, is bringing them back.

Gov. Ted Strickland says Ohio needs to target nine industries over the next decade to grow the state's economy.

Strickland released a strategic plan Wednesday that identifies key industries needed to improve the economy. They include advanced energy, polymers, bioscience and aerospace.

The plan, presented to hundreds of business leaders, aims to change the often-negative perception of Ohio's economy.

The Columbus Chamber of Commerce says the region's economy is still struggling. Chamber economist Bill Lafayette predicts less growth than in 2007.

"This year our average forecast is for growth of .4 percent. So, a touch less than last year." Lafayette says nearly all sectors, save transportation and warehousing have "underperformed." Housing is weak. Manufacturing is declining and Lafayette says retail employment will drop sharply this year.