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Economy and Business

Report shows continued economic growth in northeast Ohio
Over 6,000 new jobs have been created in the last few years

Ozie Ikuenobe

A new report that northeast Ohio’s economy continues to grow with the attraction and expansion of 104 companies this year.

Jenny Febbo, the spokeswoman for Team NEO, says her organization has helped put together projects that have created close to a billion dollars in capital investment this year.

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“The report shows them that there continues to be strong, steady growth in the economy. While we have 2,000 and some new jobs created in the third quarter, year-to-date we’ve seen over 6,000 new jobs, which amounts to $260 million in payroll. So I think what it tells people in the region is the economy is growing and we are adding new jobs.”

Febbo says during the third quarter, most of the economic activity came from advanced manufacturing, polymers and chemicals, and energy. 

Listener Comments:

This is good news - the economy is growing in spite of, not because of Obama care; every time something is purchased people can see the "remaking of America" hurt, rather than helped people.
Unfortunately, I'd dare to guess, more than 6K jobs have been lost during the past few years - and it's not Bush's fault.

Posted by: good on October 20, 2012 10:10AM
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