December 10, 20222 yr This is going to sound crazy, but I agree there should be a third lane on I-71 the whole way between Cleveland and Columbus... because it makes us look more prosperous as a state. That's really the only basis. Two lanes, while tight, is functionally fine. But it's not as enjoyable to drive, and it makes us look worse than places like KY and TN that have built up I-75 and I-65 to three lanes from end to end. As for urban lane additions... get outta here.
December 10, 20222 yr 38 minutes ago, SWOH said: This is going to sound crazy, but I agree there should be a third lane on I-71 the whole way between Cleveland and Columbus... because it makes us look more prosperous as a state. That's really the only basis. Two lanes, while tight, is functionally fine. But it's not as enjoyable to drive, and it makes us look worse than places like KY and TN that have built up I-75 and I-65 to three lanes from end to end. As for urban lane additions... get outta here. Just because we’re urbanists doesn’t mean we have to hate intercity and interstate highways lol. I totally agree with you that 71 should be 3 lanes basically the whole way. Every few minutes you can shave off the Columbus-Cleveland trip adds productivity and therefore GDP to both metros.
December 10, 20222 yr 1 minute ago, LlamaLawyer said: Just because we’re urbanists doesn’t mean we have to hate intercity and interstate highways lol. I totally agree with you that 71 should be 3 lanes basically the whole way. Every few minutes you can shave off the Columbus-Cleveland trip adds productivity and therefore GDP to both metros. The third lane also offers an additional width of concrete for someone to do 50 MPH in a 65 zone, right in front of me. 🤔
December 10, 20222 yr 2 hours ago, SWOH said: This is going to sound crazy, but I agree there should be a third lane on I-71 the whole way between Cleveland and Columbus... because it makes us look more prosperous as a state. That's really the only basis. Two lanes, while tight, is functionally fine. But it's not as enjoyable to drive, and it makes us look worse than places like KY and TN that have built up I-75 and I-65 to three lanes from end to end. As for urban lane additions... get outta here. 71 already is three lanes between Columbus and Cleveland... Has been for at least five years I think. It's between Columbus and Cincinnati that needs the work.
December 10, 20222 yr The big change was doing away with the split speed limit. It was horrible having to choose either 85 or 50 in the two lane sections.
December 12, 20222 yr I'd be thrilled if I-71 in Pickaway and Madison counties simply gets paved properly at some point, it's had "speedbumps' since at least 2011 when we moved back to Ohio. I'm surprised to see any of this section getting three lanes, and the gaps are definitely weird. At least on the weekends when I visit my parents, two lanes for this section seem mostly adequate. I realize it might be a lot busier on weekdays. If Ohio had (and enforced) some kind of "stay right except to pass" law that would make a big difference through here, particularly if it applied to trucks. Side note, until a few weeks ago I hadn't really noticed just how far apart the exits are on that section of I-71. Over 10 miles between 62 and 56, almost 10 miles between 56 and 38. A VERY long ten miles when the kid drops a toy on the floor just south of 62, with promises we'll stop at the next exit to get it for him.
December 12, 20222 yr That area is underdeveloped partially due to the strange diagonal road layout favored by the Virginia Military Survey.
December 12, 20222 yr On 12/10/2022 at 4:55 PM, aderwent said: 71 already is three lanes between Columbus and Cleveland... Has been for at least five years I think. It's between Columbus and Cincinnati that needs the work. It's funny because I've driven that stretch (CLE to 270) probably hundreds of times. The conversation above has been as if there are some parts of 71 that aren't three lanes on that stretch, so that was the context of my answer. But...As I think about it, I can't think of any stretch of road all the way from Cleveland to Columbus that isn't three lanes.
December 12, 20222 yr 71 already is three lanes between Columbus and Cleveland... Has been for at least five years I think. It's between Columbus and Cincinnati that needs the work. Yup, my bad. Shows how often I go to Cleveland…Regardless, the stretch between Cincinnati and Columbus is frustrating, which is the stretch I drive. It does go randomly between two and three lanes. Might as well make it all three lanes. Sent from my iPhone using Tapatalk
December 12, 20222 yr 1 hour ago, LlamaLawyer said: It's funny because I've driven that stretch (CLE to 270) probably hundreds of times. The conversation above has been as if there are some parts of 71 that aren't three lanes on that stretch, so that was the context of my answer. But...As I think about it, I can't think of any stretch of road all the way from Cleveland to Columbus that isn't three lanes. Any more. My dad has lived west of Columbus for about 20 years now and the trucks "passing" each other uphill were infuriating.
December 12, 20222 yr On 12/10/2022 at 2:01 PM, SWOH said: This is going to sound crazy, but I agree there should be a third lane on I-71 the whole way between Cleveland and Columbus... because it makes us look more prosperous as a state. That's really the only basis. Two lanes, while tight, is functionally fine. But it's not as enjoyable to drive, and it makes us look worse than places like KY and TN that have built up I-75 and I-65 to three lanes from end to end. Hopefully, I-71 goes three lanes all the way from Cleveland to Cincinnati. I-95, in South Carolina needs a complete widening, from the NC border to the GA border, to three lanes. I travel from Cleveland to Hilton Head, SC a few times a year and 95 is always a mess...let alone it has more potholes than you would ever see in Cleveland during the winter. Don't want to see I-71 to end up like this...During the Summer, this is normal. There doesn't have to be an accident or bad weather.
December 12, 20222 yr The new Jeremiah Morrow Bridge is striped for two lanes, but obviously was built to be restriped for three lanes: https://www.google.com/maps/@39.4193345,-84.1038329,3a,75y,61.54h,92.17t/data=!3m7!1e1!3m5!1sk30I6BRMG0Fb-YKpZaFLow!2e0!6shttps:%2F%2Fstreetviewpixels-pa.googleapis.com%2Fv1%2Fthumbnail%3Fpanoid%3Dk30I6BRMG0Fb-YKpZaFLow%26cb_client%3Dmaps_sv.tactile.gps%26w%3D203%26h%3D100%26yaw%3D221.9702%26pitch%3D0%26thumbfov%3D100!7i16384!8i8192
December 16, 20222 yr I’d be curious to know what Senator Huffman feels the State gains from this. Feels like an attempt to torpedo economic activity it the major metros. Hopefully it’ll get vetoed by Gov. Dewine.
January 13, 20232 yr Fund That Flip, which does what it says, is offering a new construction bridge loan participation in Fletcher (Dayton suburb) at 12.25% for six months. Ouch. Either developers are trimming their margins or we're going to see some defaults in speculative building as time-on-the-market grows longer. Remember: It's the Year of the Snake
January 20, 20232 yr Another BIG Addition for Ohio as GE has decided Cincinnati will be HQ for GE Aerospace. A Fortune 500 pickup. ”Cincinnati is gaining another public company, one that will immediately join the upper echelons of the Fortune 500 upon its debut.” On Jan. 4, multinational conglomerate General Electric (NYSE: GE) spun off GE HealthCare as its own public company. By this time next year its energy business will make its public debut as GE Vernova. After that, GE Aerospace will become the new GE, leasing its iconic initials to its sister companies. https://www.bizjournals.com/cincinnati/news/2023/01/20/ge-aerospace-headquarters-land-in-cincinnati.html Edited January 20, 20232 yr by 646empire
January 25, 20232 yr https://www.greencarcongress.com/2023/01/20230114-lghonda.html#:~:text=14 January 2023,(EV) produced by Honda. Quote The JV (joint venture) will begin construction of a new battery plant early this year with the goal of completion by the end of 2024 and starting mass production of advanced lithium-ion battery cells by the end of 2025. The plant aims to have an annual production capacity of approximately 40GWh. All batteries produced by the new JV will be supplied exclusively to Honda plants in North America to power battery-electric vehicles sold in North America. The new plant will be located approximately 40 miles southwest of Columbus in Fayette County, near Jeffersonville. LGES and Honda have committed to investing $3.5 billion and creating 2,200 jobs to establish the new production facility. The companies’ overall investment related to the JV is projected to reach $4.4 billion. A small update on the Honda plant near Jeffersonville. Very Stable Genius
January 30, 20232 yr Avery Dennison expansion in Painesville now complete. When I was growing up I never could figure out what they did exactly. Something about self-adhesive paper and labels, supposedly invented by Ray Stanton Avery in Los Angeles 1935. Anyway the company opened a facility in Painesville in the early 50's (not totally familiar with the history but it was called Fasson in the 60's). Whatever. Probably too much information for you as well as for me😐 1953 http://www.mainstreetpainesville.org/
February 19, 20232 yr Interesting breakdown of Ohio’s GDP by metro area. The maps appear to follow county lines, which is perhaps a bit misleading if attempting to compare metro areas. It’s also interesting how similar the GDP shares are to the respective populations of those areas, but each major metro drives a larger percentage of the state GDP than its percentage of the state population (but only by a percentage point or two). Columbus metro is roughly 18% of Ohio’s population and just over 19.7% of GDP. Cleveland metro (which does not include Akron) is roughly 17.5% of Ohio population and 19.2% of Ohio GDP. If you’re curious on the relative populations, this wiki article has a table with Ohio metro area populations, both by MSA (which is what the above Tweet is using) and the larger regional CSAs. https://en.m.wikipedia.org/wiki/Ohio_statistical_areas#Table When is the last time I-71 turned a profit?
February 19, 20232 yr Interesting, the biggest takeaway for me actually is I would have expected more from Toledo/Dayton/Akron/Youngstown How do those smaller metros measure in proportion to their share of the state population? Is it still roughly in line or are they underperforming
February 19, 20232 yr 12 minutes ago, NW24HX said: Interesting, the biggest takeaway for me actually is I would have expected more from Toledo/Dayton/Akron/Youngstown How do those smaller metros measure in proportion to their share of the state population? Is it still roughly in line or are they underperforming All population data is from 2019, Ohio was at 11.7M. GDP appears to be 2020 data Dayton MSA is 800k = 6.8% pop / 6.5% GDP Toledo MSA is 640k = 5.5% pop / 5.6% GDP (go Rockets, ha) Akron MSA is 700k = 6.0% pop / 5.4% GDP Youngstown MSA is 425k (in Ohio) = 3.6% pop / 2.4% GDP (ouch) Three C’s are driving the Ohio economy When is the last time I-71 turned a profit?
February 19, 20232 yr 11 hours ago, Boomerang_Brian said: Three C’s are driving the Ohio economy The 3C's are also Ohio's largest metros. That's like saying NYC is driving NY's economy. I would hope so, given the size. Proportionally, I would say Dayton and Akron are doing relatively well for being so close to 2-out-of-3C's. I would expect more from Toledo being the primary city for Northwest Ohio. "You don't just walk into a bar and mix it up by calling a girl fat" - buildingcincinnati speaking about new forumers
February 19, 20232 yr Cincinnati is 2,280k = 19.6% of Pop. / 17.6% GDP Columbus is 2,526k = 21.7% of Pop. / 19.2% GDP Cleveland (without Akron and South) is 2,278k = 19.5% of Pop. / 19.7% of GDP (with Cleveland I added in Norwalk, Sandusky and Astabula but excluded Canton, Wooster and Dover) Also, the Dayton/Cincy calculation is very skewed because of how the metros mix. There's a lot of businesses in places like Franklin, Springboro Monroe and Middletown, all counted as Cincy metro, that have a lot more Dayton-area employees than Cincy-area employees. I'm sure the same is true for Cleveland. Edited February 19, 20232 yr by SWOH
February 19, 20232 yr 11 minutes ago, ColDayMan said: The 3C's are also Ohio's largest metros. That's like saying NYC is driving NY's economy. I would hope so, given the size. Proportionally, I would say Dayton and Akron are doing relatively well for being so close to 2-out-of-3C's. The point is that the largest metro areas drive a larger share of the state's GDP than their share of the population. 11 minutes ago, ColDayMan said: I would expect more from Toledo being the primate city for Northwest Ohio. At first I thought you were making a joke about the Toledo zoo. Then I realized it's just a typo. 7 minutes ago, SWOH said: Cincinnati is 2,280k = 19.6% of Pop. / 17.6% GDP Columbus is 2,526k = 21.7% of Pop. / 19.2% GDP Cleveland (without Akron and South) is 2,278k = 19.5% of Pop. / 19.7% of GDP (with Cleveland I added in Norwalk, Sandusky and Astabula but excluded Canton, Wooster and Dover) Also, the Dayton/Cincy calculation is very skewed because of how the metros mix. There's a lot of businesses in places like Franklin, Springboro Monroe and Middletown, all counted as Cincy metro, that have a lot more Dayton-area employees than Cincy-area employees. I'm sure the same is true for Cleveland. Your Cincy metro number includes Kentucky population, but the GDP number is just the Ohio side (I assume). And adding the population of Norwalk, Sandusky, and Astabula to Cleveland, but not adding the GDP of those counties, means you can't compare the respective GDP numbers that way. The Cleveland MSA in 2019 had 2.01M, which is the same MSA has the GDP chart I posted. Columbus MSA had 2.12M (in 2019). I was using the Wiki article for population above and trying to be consistent. And it looks like you swapped the CLE and Cbus GDP numbers. When is the last time I-71 turned a profit?
February 20, 20232 yr On 2/19/2023 at 10:01 AM, Boomerang_Brian said: The maps appear to follow county lines, which is perhaps a bit misleading if attempting to compare metro areas. It is misleading but that is just how the OMB defines statistical areas. This map in particular is showing all 14 of Ohio's Metropolitan Statistical Areas, which makes sense given the analysis they are doing, even if it's weird that Athens or Portsmouth isn't included.
February 20, 20232 yr 20 hours ago, SWOH said: Cincinnati is 2,280k = 19.6% of Pop. / 17.6% GDP Columbus is 2,526k = 21.7% of Pop. / 19.2% GDP Cleveland (without Akron and South) is 2,278k = 19.5% of Pop. / 19.7% of GDP (with Cleveland I added in Norwalk, Sandusky and Astabula but excluded Canton, Wooster and Dover) Also, the Dayton/Cincy calculation is very skewed because of how the metros mix. There's a lot of businesses in places like Franklin, Springboro Monroe and Middletown, all counted as Cincy metro, that have a lot more Dayton-area employees than Cincy-area employees. I'm sure the same is true for Cleveland. I call the area along the Cuyahoga-Summit line the "borderlands" because the suburbs are completely blended economically and don't entirely identify with either city.
February 22, 20232 yr I thought this was a good article about how Toledo's glass-making expertise has helped make Northwest Ohio into the leader in cadmium-telluride solar panels, and really the leader in domestic solar production in general. Additionally, it names a few of the businesses that have set up shop in the area to support First Solar and Toledo Solar. https://www.canarymedia.com/articles/solar/thin-film-solar-sparks-a-manufacturing-boom-in-the-midwest Also, this article from the same site talks about a Lancaster company that's massively growing their EV-battery recycling operation, which should be somewhat symbiotic with Ohio battery production for GM in Lordstown and Honda in Jeffersonville. https://www.canarymedia.com/articles/batteries/this-ev-battery-recycling-plant-in-ohio-is-planning-a-huge-expansion Hopefully just a glimpse into the shifting and expanding future of manufacturing statewide...
March 11, 20232 yr In light of Silicon Valley Bank's closure, I took a look at Key, Huntington, and 5/3 Bank numbers. As of Dec 31, 2022, Key appears to be about $7 billion underwater on securities held for sale and held to maturity, while Huntington and 5/3 are each about $6 billion underwater on the same assets. Based on time to maturities, these numbers will shrink to near-zero over 5 years. All three banks' capitalizations are sufficient to sustain this paper loss unless there is an unlikely run on the banks. Assuming the Fed will raise rates no more than 1%, the three banks should easily survive. 12/31/22 10Ks don't make it very easy to find these numbers. I bet the 12/31/23 reports headline them. Edit: Stock performance since 3/6/23: FITB down 16.1%; KEY down 13.5%l HBAN down 11.9%. Remember: It's the Year of the Snake
March 26, 20232 yr As the legislature looks to cut taxes again, a look back at tax cuts in the past 20 years and a question about whether Ohioans are better off. https://www.cleveland.com/news/2023/03/ohio-has-been-cutting-income-taxes-for-almost-20-years-are-ohioans-better-off.html The article's conclusion is that "looking at it from both sides, no conclusions are certain" -- but from the charts presented it sure seems like the wealthy are better off and the poor are worse off, and on almost all measures Ohio is below the national averages. Quote Ohio's GDP has increased at an average, annual rate of 1.4%, while the U.S.'s has grown at 2.9%.
April 11, 20232 yr "In the souls of the people the grapes of wrath are filling and growing heavy, growing heavy for the vintage." -- John Steinbeck
April 14, 20232 yr Jobless claims fell sharply in Ohio last week-- more than any other state. In most states they rose. (Chart courtesy of @zerohedge on twitter). Edited April 14, 20232 yr by LlamaLawyer
April 14, 20232 yr Considering Ohio is the 2nd ranked state for onshoring, and all the Intel, Honda and spinoff from it taking place in the Columbus region, I'm not surprised at all. Obviously many other areas of the state are also receiving great influx of jobs lately IMO
April 14, 20232 yr 33 minutes ago, X said: Not adjusted for state population or season- I'd take it with a grain of salt. Obviously one week of data may be just noise. It would be important to watch trends. So I take this with many grains of salt. Also fewer jobless claims is not always good, since it could indicate labor force dropout rather than hiring strength. But with all those disclaimers, if I could pick any position to be on the chart, I'd certainly pick the Ohio end and not the California end.
April 14, 20232 yr Couldn't this just mean that way more initial jobless claims were submitted the previous week? It could theoretically mean we had 10k jobless claims 2 weeks ago, and then last week we only had 6k jobless claims because it's just measuring the change from the previous week.... Right? Or am I interpreting this data wrong?
April 14, 20232 yr 56 minutes ago, ryanlammi said: Couldn't this just mean that way more initial jobless claims were submitted the previous week? It could theoretically mean we had 10k jobless claims 2 weeks ago, and then last week we only had 6k jobless claims because it's just measuring the change from the previous week.... Right? Or am I interpreting this data wrong? Correct. The trend is still interesting if it continues.
May 2, 20232 yr Big Google announcement Wednesday. Seems like a data center in central Ohio but no real details.
May 2, 20232 yr 19 minutes ago, Pdrome513 said: Big Google announcement Wednesday. Seems like a data center in central Ohio but no real details. They must be officially moving forward on building a data center on their land in Lancaster.
May 2, 20232 yr On 4/11/2023 at 5:52 PM, KJP said: A lot of what has been offshored is component assembly. These types have tasks are typically accompanied by very specific work instructions, or are even error-proofed, so that skills or even interpretation ability is not required. This happened at the behest of Japanese manufacturers, and it made it a lot easier to offshore jobs. A lot of the moldings, stampings, castings, machined parts, etc. that are being assembled are made in the USA, in fact many in Ohio. Those assemblies/subassemblies are still considered imports. So this isn't a major surprise.
June 6, 20232 yr Fortune 500 Companies for 2023: 14 Cardinal Health ($181b) - Dublin (Columbus) 16 Marathon Petroleum ($180b) - Findlay (Toledo) 24 Kroger ($148b) - Cincinnati 51 Procter & Gamble ($80b) - Cincinnati 83 Nationwide ($51b) - Columbus 88 Progressive ($50b) - Mayfield Village (Cleveland) 170 Cleveland-Cliffs ($23b) - Cleveland 178 Sherwin-Williams ($22b) - Cleveland 191 Goodyear Tire & Rubber ($21b) - Akron (Cleveland) 205 American Electric Power ($20b) - Columbus 239 Andersons ($17b) - Maumee (Toledo) 261 Parker-Hannifin ($16b) - Mayfield Heights (Cleveland) 314 Western & Southern Financial Group ($13b) - Cincinnati 343 FirstEnergy ($12b) - Akron (Cleveland) 372 TravelCenters of America ($11b) - Westlake (Cleveland) 387 Dana ($10b) - Maumee (Toledo) 395 Owens Corning ($10b) - Toledo 411 Fifth Third Bancorp ($9b) - Cincinnati 421 Avery Dennison ($9b) - Mentor (Cleveland) 459 KeyCorp ($8b) - Cleveland 465 J.M. Smucker ($8b) - Orrville (Wooster) 466 Huntington Bancshares ($8b) - Columbus 473 Cintas ($8b) - Mason (Cincinnati) 482 Bath & Body Works ($8b) - Columbus Akron: 2 Cincinnati: 5 Cleveland: 7 Columbus: 5 Findlay: 1 Toledo: 3 Wooster: 1 edit* oops please move to the Fortune 500 thread. Edited June 6, 20232 yr by aderwent
June 26, 20231 yr Oh look, the General Assembly doing something stupid again: https://fox8.com/news/amendment-introduced-to-limit-remote-work-in-ohio/
June 26, 20231 yr 3 minutes ago, WindyBuckeye said: I can't even understand how they will force companies to do this. This appears to be for State employees only.
June 26, 20231 yr 3 minutes ago, freefourur said: This appears to be for State employees only. Yeah, I would be shocked if this one passes. The government sold or dropped a lot of their leases and don’t have the physical space for workers. This would cost the state millions of dollars and is so stupid.
June 26, 20231 yr 42 minutes ago, freefourur said: This appears to be for State employees only. This would make a lot more sense if it was the case. Still really stupid, but at least I could see them trying that. The Fox 8 article was admittedly vague.
June 26, 20231 yr Currently, if a person works predominately from home in the suburbs for a company located in the city, where does the income tax go? Perhaps this is the reasoning behind this bill?
June 26, 20231 yr It's simply Republicans punishing people for lockdowns and COVID vaccines. That'll show those lazy, woke libards! All they know is vindictiveness.
June 26, 20231 yr Sounds more like a State Govt Handout to the Commercial Real Estate sector for their dwindling occupancy rates
June 26, 20231 yr 4 hours ago, CLEeng said: This would make a lot more sense if it was the case. Still really stupid, but at least I could see them trying that. The Fox 8 article was admittedly vague. The state could not force private employers to force their employees to work from the office. It only applies to government workers, which I do not have a problem with. Government employees are frustrating to deal with as is, at least centralizing them in the office may help make things move more smoothly.
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