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The economy of Ohio nominally would be the 20th largest global economy (behind Turkey and ahead of Switzerland) according to The World Bank as of 2022. [8] The state had a GDP of $822.67 billion in 2022, which is 3.23% of the United States total, [9] ranking 7th in the nation behind Pennsylvania and ahead of Georgia. [10]
A Joint Economic Development District (JEDD) is an arrangement in Ohio where one or more municipalities and a township agree to work together to develop township land for commercial or industrial purposes. The benefit to the municipality is that they get a portion of the taxes levied in the JEDD without having to annex it.
In 1953, GBQ Partners, a professional services firm was founded, [1] and is the largest Columbus-owned accounting firm. During the recession beginning in late 2007, Columbus's economy was not impacted as much as the rest of the country, due to decades of diversification work by long-time corporate residents, business leaders, and political leaders.
Center for Development and Strategy: Buffalo: New York: Nonpartisan 2014 Center for Economic and Policy Research: Washington, D.C. Left-leaning 1999 Center for Freedom and Prosperity: Alexandria: Virginia: Conservative Center for Governmental Research: Rochester: New York: Nonpartisan 1915 Center for Immigration Studies: Washington, D.C. Right ...
An economic development corporation ("EDC") is an organization common in the United States, usually a 501(c)(3) non-profit, whose mission is to promote economic development within a specific geographical area. These organizations are complementary to Chambers of Commerce. Whereas a Chamber of Commerce promotes the interests of businesses in a ...
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The convention center was conceived in 1969 as a way for the City of Columbus to generate economic revenue by hosting events and revitalize the downtown area after a period of decline. [3] Voters approved a $6 million bond in 1971 to purchase 27.5 acres (11.1 ha) which was the site of the first Union Station in the world.
The Connecticut Main Street Center was established as an independent non-profit in December 1999. The Connecticut Department of Economic Development became a Founding Partner of the program, along with CL&P. John Simone became the first full-time executive director of Connecticut Main Street in January 2000. [14]