Bookmark this page on your mobile

QR Code image

What is this?

Daily Court Reporter - News Survey of business executives ranks Ohio in top 10 for doing business

 

Survey of business executives ranks Ohio in top 10 for doing business

BRANDON KLEIN, Daily Reporter Staff Writer

Ohio moved up a rank to become one of the top 10 states to do business this year, according to a survey released this month.

The state is now ranked 10th in the Chief Executive magazine's 14th annual 2018 Best & Worst States For Business.

The results are based on the perceptions of 300 chief executive officers, on a range of significant issues, according to the publication's press release.

"CEOs are the key decision-makers that decide when and where companies create jobs," said Chris Chalk, publisher of Chief Executive magazine and ChiefExecutive.net, in a statement. "This year's survey shows that business-friendly policies have a direct impact on the reputation of each state, ultimately determining which states thrive."

Ohio ranked No. 21 in workforce quality category, No. 23 in taxes and regulation and No. 25 in living environment.

The publication focused more on the top and bottom states along with states that moved up or down several ranks in the middle.

Texas topped the list for the 14th straight year, while Florida was the runner up for the sixth consecutive year. North Carolina and South Carolina tied for third and Indiana came in fifth.

On the other hand, California was ranked the worst state for business, followed by New York, Illinois, New Jersey, Connecticut and Massachusetts.

But the magazine noted these are exact same positions each of the states have occupied in each survey over the last four years.

In the middle, some states moved up several ranks such as Rhode Island which jumped 10 spots to No. 32, while Michigan gained nine spots, up to No. 27. But Nebraska fell six spots to No. 26 and Idaho dropped by 10 to No. 28.

"Generally those performing best and worst stay there because the states don't see significant leadership changes," Larry Gigerich, managing director of Fishers, Ind.-based Ginovus, an economic development consultancy, told the publication. "They have a philosophy about how to approach the business climate and economic development. There's more opportunity in the middle states for a change of leadership because those places tend to flip more philosophically, between parties or within parties."

In Ohio, the state legislature has been mostly under Republican control from 1992 to the present.

The Democrats controlled the Ohio House from 2009 to 2010 and controlled the governor office from 2007 to 2010 under former Gov. Ted Strickland's administration.

In addition, the top states generally recognize the importance of business-friendly cultures, while the bottom states have high-tax, high-cost environments have economical "legacy advantages" because of their strong education and health care systems and because they attract millennials, according the report.

Travis York, who heads GYK Antler, a mid-market ad agency with offices in Massachusetts, told the publication that the overcrowding of people and businesses has inflated costs.

"That's made it hyper-competitive and, frankly, hard to get around," he said.

The full results of the survey can be found on www.chiefexecutive.net.

Date Published: June 25, 2018

 

Copyright © 2018 The Daily Reporter - All Rights Reserved

 

Hundreds arrested, dozens of firearms seized, 60 kilograms of cocaine and five kilograms of heroin seized as part of "Operation We Are CLE"

The U.S. Marshals Service and Drug Enforcement Administration, working with federal, state and local law enforcement agencies, recently completed the first phase of “Operation We Are CLE,” resulting in the arrests of more than 200 people, confiscation of 36 firearms and seizure of 60 kilograms of cocaine and nearly five kilograms of heroin in Cleveland.

Older adults are at higher risk for complications from extreme heat

The Ohio Department of Aging reminds all Ohioans to treat hot temperatures and high humidity levels as severe weather. As we age our bodies may become less able to adapt to extreme conditions. In addition, older adults are more likely to have chronic health conditions that can upset normal body responses to heat, like sweating. With more health issues can also come more prescription medicines, which can also impair our bodies’ ability to regulate temperature.

Access to birth control, education hallmarks of Prevention First bill

A bill intended to curb unplanned pregnancies and indirectly reduce the state's high infant mortality rate was the subject of a recent hearing before lawmakers in the Ohio House of Representatives.

Ohio ranked in the middle of the pack in new economic report

Ohio's economy placed near the middle when compared with the other 49 states and the nation's capital.

Bill would allow municipal tax to pay for dental care for at-risk children

A Cleveland Democrat pitched a legislative measure to allow Ohio municipalities to levy a tax for the purposes of covering costs of dental health of a city's most vulnerable residents.

Supreme Court of Ohio considers prosecutorial opposition to new trial for man sentenced to death for murder

The Ohio Supreme Court on Tuesday, June 26th, heard four oral arguments, including a challenge by the Cuyahoga County Prosecutor’s Office of the new trial ordered for Anthony Apanovitch who was sentenced to death for the 1984 murder and rape of a Cleveland woman.

Residents of Ohio’s nursing homes and assisted living facilities rate their providers

The Office of the State Long-Term Care Ombudsman, a division of the Ohio Department of Aging, has released results of the 2017 Long-Term Care Resident Satisfaction Survey. The survey, conducted through face-to-face interviews with residents of nursing homes and residential care (assisted living) facilities, gauges residents’ satisfaction with an array of focus areas related to their care and everyday life.

Lawmaker comes up with 'AWFUL' plan for legislator pay adjustments

A Cincinnati Republican recently proposed a method to adjust legislators' pay that would alleviate the need for lawmakers themselves to do the math.

Attorney General DeWine announces $100 million multistate settlement with Citibank over Libor manipulation

Ohio Attorney General Mike DeWine, along with 41 other attorneys general, recently announced a $100 million settlement with Citibank for fraudulent conduct involving the London interbank offered rate, or Libor, a key interest rate with widespread impact on global markets.

Supreme Court of Ohio considers disciplinary action against attorney who accused judges of incompetence

The Ohio Supreme Court on Tuesday, June 26th, heard four oral arguments, including an issue brought by the Ohio Board of Professional Conduct which is recommending a one-year suspension with six months stayed for Cleveland attorney Richard A. Oviatt. According to the board’s report, the attorney “impugned the integrity of the judges from the Eighth District Court of Appeals by accusing them of incompetence, corruption, and criminal conduct.”

Author of state health care transparency law offers revision

The southwest Ohio lawmaker who devised the Ohio Price Transparency Law in 2015 has proposed a new version of the law, making health insurance companies responsible for estimates of health care costs rather than physicians - as originally enacted.

Attorney General DeWine announces six arrests following seizure of $3.4 million in cocaine

Ohio Attorney General Mike DeWine and members of the Central Ohio Organized Crime Investigations Commission/High Intensity Drug Trafficking Area (HIDTA) Task Force announced recently the arrests of six people following the seizure of approximately 75 pounds of cocaine.

Ohio Department of Education celebrates new graduates headed to U.S. military

In a first-ever ceremony held at The Ohio State University, the Ohio Department of Education recently celebrated the members of the class of 2018 who are joining the U.S. military.

Men arrested in connection with 20-pound fentanyl seizure charged federally

Four men have been charged federally in a case involving the seizure of approximately 20 pounds of fentanyl.

Freedom Celebration 2018 –with featured guest, Sebastian Gorka

First Grace of Dayton, Ohio will host its 30th anniversary Freedom Celebration, Sunday July 8th. This year’s Freedom Celebration 2018 will feature a keynote address by Dr. Sebastian Gorka, former Deputy Assistant National Security Advisor to President Donald J Trump and NY Times best-selling author of Defeating Jihad; The Winnable War. Dr. Gorka has just returned from Singapore, where he was a witness to the historic, landmark U.S.-North Korea Summit and he will be sharing observations concerning this agreement and its implications for our own national security. Sebastian Gorka is uniquely qualified to speak to issues of national security and American freedom as he shares his own story of fleeing the oppression of communism as a child and legally immigrating to the U.S., where he rose to the pinnacle of power and influence as an advisor to the President in the White House! He will be introducing his brand new book, (which is set for release on September 25, 2018), Why We Fight: Recovering America’s Will to Win at the Freedom Celebration.

Three Raiders drafted in the annual MLB Draft

Three Raiders drafted in the annual MLB Draft: Matt Morrow signs with Pirates; Ryan Weiss signs with Diamondbacks; Caleb Sampen signs with Dodgers.

Wright State expects to post multimillion-dollar budget surpluses after years of deficits

Emerging from years of overspending and budget deficits, Wright State will post a $7.2 million budget surplus this year and has crafted a fiscal 2019 budget with a $3 million surplus that earmarks funds for strategic investments to bolster tuition revenue and build the university’s future.

The Ohio State Bar Foundation inducts new members into fellows program

OSBF welcomes 32 attorneys to its efforts to advance the law and build a better justice system

Man indicted for selling heroin that resulted in fatal overdose

A Toledo man was indicted in federal court for selling heroin that resulted in a fatal overdose last year, said U.S. Attorney Justin E. Herdman and FBI Special Agent in Charge Stephen D. Anthony.

Pro Bono hours reported increases in Ohio

The number of pro bono hours provided by attorneys to low-income Ohioans has gone up.