Ohio State Profile

Ohio receives federal funds to improve marketplace competitiveness of specialty crops; employee confidence improves reaching 2009 high; number of foreclosures decline in Q3 2009; business tax climate rated among worst in nation.

• State job growth fell 5.1% in August 2009 from a year ago; national job growth fell 4.4%.
• State unemployment averaged 10.8% in August 2009; the national average was 9.7%
• Personal income fell 2.0% to $408 billion in Q2 2009 from a year ago.
• Tax revenue fell 14.9% in Q2 2009 from the previous year.
• Exports fell 31.6% to $19.4 billion in the first seven months of 2009 from a year ago.
• Venture capital investment in OH fell 83% to $11.8 million in Q2 2009 from a year ago.