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	<title>Lake County Development Council</title>
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	<link>http://www.lakecountydevelopmentcouncil.org</link>
	<description>The Lake County Development Council raises awareness of economic issues and improves business conditions in Lake County, Ohio.</description>
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		<item>
		<title>Fri., Jan. 13 Luncheon &#8211; Great Lakes Mall Renovation</title>
		<link>http://www.lakecountydevelopmentcouncil.org/fri-jan-13-luncheon-great-lakes-mall-renovation/</link>
		<comments>http://www.lakecountydevelopmentcouncil.org/fri-jan-13-luncheon-great-lakes-mall-renovation/#comments</comments>
		<pubDate>Sun, 08 Jan 2012 21:48:38 +0000</pubDate>
		<dc:creator>hlpghnd72</dc:creator>
				<category><![CDATA[Events]]></category>

		<guid isPermaLink="false">http://lcdc.lakenetwork.net/?p=67</guid>
		<description><![CDATA[<p>Renee Lanzara, Directory of Marketing and Business Development of the Simon Property Group, is speaking on the Great Lakes Mall Renovation.</p>
<p><a href="http://www.lakecountydevelopmentcouncil.org/fri-jan-13-luncheon/">Info and Registration...</a></p>]]></description>
			<content:encoded><![CDATA[<p><a name="meeting"></a></p>
<p class="content">Renee Lanzara, Directory of Marketing and Business Development of the Simon Property Group, is speaking on the Great Lakes Mall Renovation.</p>
<p class="content"><strong>Friday, January 13, 2012 @ Noon<br />
</strong><a title="Visit Dino's site" href="http://www.dinosbanquetcenter.com/" target="_blank">Dino&#8217;s Restaurant and Banquet Center</a>&#8211;<a title="Google Map" href="http://maps.google.com/maps?q=I-90+and+Route+306,+Willoughby&amp;hl=en&amp;ll=41.62558,-81.362686&amp;spn=0.07622,0.107803&amp;hq=I-90+and&amp;hnear=Ohio+306,+Willoughby,+Ohio+44094&amp;t=m&amp;z=13&amp;vpsrc=0" target="_blank">I-90 and Route 306, Willoughby</a><br />
Registration includes lunch and is only $15 for members and $17 for nonmembers.</p>
<p class="content">Please contact Melissa McArthur at 440-336-4355 or email her at cmb6899@sbcglobal.net. You may send your payment in by mail to LCDC, P.O. Box 955, Painesville, Ohio 44077 or pay online below:</p>
<p class="content">
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		<item>
		<title>January 2012 Newsletter</title>
		<link>http://www.lakecountydevelopmentcouncil.org/january-2012/</link>
		<comments>http://www.lakecountydevelopmentcouncil.org/january-2012/#comments</comments>
		<pubDate>Sun, 08 Jan 2012 23:45:07 +0000</pubDate>
		<dc:creator>hlpghnd72</dc:creator>
				<category><![CDATA[Newsletter]]></category>

		<guid isPermaLink="false">http://lcdc.lakenetwork.net/?p=62</guid>
		<description><![CDATA[Congrats Steve LaTourette; Lake County Eastern Governments Form Cooperative; Unemployment Rate; House Price Declines; Legislative Breakfast Scheduled for 2-27-12; Married couples now in minority; Half of Us are Poor; Farm of the Future]]></description>
			<content:encoded><![CDATA[<h2>Congrats Steve</h2>
<p>U.S. Representative Steve LaTourette was selected by the American Planning Association as the 2011 Legislator of the Year. Representative LaTourette was awarded the distinction because of his long-standing advocacy of transportation programs that enable planners to build communities of lasting value.</p>
<p><em>Ohio Planners News 12-11</em></p>
<h2>Lake County Eastern Governments Form Cooperative</h2>
<p>Entities expressing interest in forming a cooperative government are the Perry Joint Fire District, Madison Fire District, Painesville Township Fire Department, Painesville City Fire Department and Concord Township. A primary purpose of the Council of Government(COG) is to improve fire safety services.</p>
<p>The COG allows communities to purchase collectively expensive specialized equipment. Other benefits would be to foster cooperation among the political subdivisions in all areas of government services. This will include, but not be limited to the effective exchange of information, pooling of manpower and resources for the efficient solutions of specific problems dealing with reciprocal service, mutual aid, parallel action and exchange of ideas.</p>
<p><em>L.C. Tribune 11-18-11</em></p>
<p><strong>Unemployment rate</strong> in Lake County looks good. The rate in October 2011 was 5.9%, Mentor was 5.3% while Ohio was 8.4%. These rates are unusually good to compared to the national rate of about 9%.</p>
<p><em>Source: Tri-County Business Journal</em></p>
<p><strong>House price</strong> declines are getting smaller. The gap between 2010 and 2011 are down to -3% whereas the rate for 20 major cities was 20% in 2009. The market projection of the LCDC presenter of 12-16-11 was recovery in four to five years. In the meantime the numbers are inching up toward the positive side.</p>
<p><em>Source: S&amp; P Indices 11-30-11</em></p>
<h2>Legislative Breakfast Scheduled for 2-27-12</h2>
<p>The 17th annual Legislative Breakfast is scheduled for 2-27-12 at LaMalfa Centre at $20. Representative legislators and a county commissioner are expected to speak. Mark your calendar for 7:30-9:30am. You may register with Melissa McArthur at 440-336-4355 or cmb6899@sbcglobal.net or online at www.lakecountydevelopmentcouncil.org.</p>
<h2>Married couples now in minority</h2>
<p>Married couples have dropped below half of all U.S. households for the first time, the Census Bureau says, a milestone in the evolution of the American family toward less traditional forms.</p>
<p>Married couples represented just 48 percent of U.S. households in 2010, according to data being made public and analyzed by the Brookings Institution. This was far below the 78 percent of households occupied by married couples in 1950.</p>
<p>Just a fifth of households were traditional families-married couples with children-down from about a quarter a decade ago and from 43 percent in 1950, as the iconic image of the American family continues to break apart.</p>
<p>&#8220;The days of Ozzie and Harriet have faded into the past,&#8221; said William Frey, the senior demographer at Brookings who analyzed the data.</p>
<p>Today, traditional patterns have been turned upside down. Women with college degrees are now more likely to marry than those with just high school diplomas, the reverse of decades ago.</p>
<p>Rising income inequality has also divided U.S. society, making college-educated people less likely to marry those without college degrees. That educated group has struck a new path: They marry later but stay married. In contrast, women with only a high school diploma are increasingly opting not to marry the fathers of their children, whose fortunes have declined along with economic opportunities.</p>
<p><em>NY Times 5-26-11</em></p>
<h2>Half of Us are Poor</h2>
<p>Squeezed by rising living costs, a record number of Americans-nearly 1 in 2-have fallen into poverty or are scraping by on earnings that classify them as low income. The latest census data depict a middle class that&#8217;s shrinking as unemployment stays high and the government&#8217;s safety net frays. The numbers follow years of stagnating wages for the middle class that have hurt millions of workers and families.</p>
<p>Mayors in 29 cities say more than 1 in 4 people needing emergency food assistance did not receive it. Many middle-class Americans are dropping below the low-income threshold-roughly $45,000 for a family of four- because of pay cuts, a forced reduction of work hours or a spouse losing a job. Housing and childcare costs are consuming up to half of a family&#8217;s income.</p>
<p>States in the South and West had the highest shares of low-income families, including Arizona, New Mexico and South Carolina, which have scaled back or eliminated aid programs for the needy. By raw numbers, such families were most numerous in California and Texas, each with more than 1 million.</p>
<p>About 97.3 million Americans fall into a low-income category, commonly defined as those earning between 100 and 199 percent of the poverty level, based on a new supplemental measure by the Census Bureau that is designed to provide a fuller picture of poverty. Together with the 49.1 million who fall below the poverty line and are counted as poor, they number 146.4 million, or 48 percent of the U.S. population. That&#8217;s up by 4 million from 2009, the earliest numbers for the newly developed poverty measure.</p>
<p><em>Associated Press 12-15-11</em></p>
<h2>Farm of the Future</h2>
<p>In March, Milwaukee was one of 24 cities worldwide to win a Smarter Cities Challenge Grant from IBM, which provides $500,000 in consulting help to tackle critical quality-of-life issues. This summer, a team from IBM spent several weeks interviewing potential stakeholders in what proponents hope will be a burgeoning &#8220;aquaponics&#8221; industry that creates jobs and eliminates food scarcity in depressed neighborhoods.</p>
<p>Aquaponics combines hydroponics, where plants are cultivated in water instead of soil, and aquaculture, the farming of fish and other marine creatures. It uses a series of tanks and pumps to create a closed loop where fish waste fertilizes the plants and plants purify water for the fish. It&#8217;s drawing attention as a sustainable approach to urban agriculture.</p>
<p>Plan supporters envision warehouse-sized aquaponics operations that are equipped with sophisticated sensing devices to boost efficiency, and backed by research that multiplies fish spawning cycles and boosts crop production. These facilities could be housed in vacant buildings in poor neighborhoods, providing jobs and a supply of nutritious, locally produced food for residents.</p>
<p>The report proposes launching an aquaponics innovation center to share scientific and technological breakthroughs and serve as an incubator for new companies.</p>
<p><em>Governing-December 2011</em></p>
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		<item>
		<title>Manufacturing Data White Paper</title>
		<link>http://www.lakecountydevelopmentcouncil.org/manufacturing-data-white-paper/</link>
		<comments>http://www.lakecountydevelopmentcouncil.org/manufacturing-data-white-paper/#comments</comments>
		<pubDate>Fri, 06 Jan 2012 20:21:22 +0000</pubDate>
		<dc:creator>hlpghnd72</dc:creator>
				<category><![CDATA[Announce on Home Page]]></category>

		<guid isPermaLink="false">http://www.lakecountydevelopmentcouncil.org/?p=223</guid>
		<description><![CDATA[<p>Manufacturing is alive, well and prospering in Lake County. Browse our white paper for recent stats on manufacturing.</p>

<p><a href="http://www.lakecountydevelopmentcouncil.org/wp-content/uploads/2012/01/2011-Lake-County-Development-Council-State-of-Ohio-MFG-Data-White-Paper.pdf" target="_blank">2011 Ohio Manufacturing Data</a></p>]]></description>
			<content:encoded><![CDATA[<p>Manufacturing is alive, well and prospering in Lake County. Browse our white paper for recent stats on manufacturing.</p>
<p><a href="http://www.lakecountydevelopmentcouncil.org/wp-content/uploads/2012/01/2011-Lake-County-Development-Council-State-of-Ohio-MFG-Data-White-Paper.pdf" target="_blank">2011 Ohio Manufacturing Data</a></p>
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		<item>
		<title>The Lake County Development Council 17th Annual Legislative Breakfast Feb. 27</title>
		<link>http://www.lakecountydevelopmentcouncil.org/the-lake-county-development-council-17th-annual-legislative-breakfast-feb-27/</link>
		<comments>http://www.lakecountydevelopmentcouncil.org/the-lake-county-development-council-17th-annual-legislative-breakfast-feb-27/#comments</comments>
		<pubDate>Sun, 01 Jan 2012 11:57:06 +0000</pubDate>
		<dc:creator>hlpghnd72</dc:creator>
				<category><![CDATA[Announce on Home Page]]></category>
		<category><![CDATA[Events]]></category>

		<guid isPermaLink="false">http://lcdc.lakenetwork.net/?p=123</guid>
		<description><![CDATA[<p>U.S. Representative Steve LaTourette, Senator John Eklund, Representative Lorraine Fende and Representative Ron Young are speaking at our 17th annual Legislative Breakfast Monday, February 27, 2012.</p>
<p><a href="http://www.lakecountydevelopmentcouncil.org/the-lake-county-development-council-17th-annual-legislative-breakfast-feb-27/">Info and Registration...</a></p>]]></description>
			<content:encoded><![CDATA[<h2>Speakers</h2>
<p>U.S. Rep. Steve LaTourette; Senator John Eklund; Representative Lorraine Fende; Representative Ron Young; and a Lake County Commissioner.  Moderator is Michael Victor, President, Lake Erie College.</p>
<p><strong>WHEN:</strong> Monday, Feb. 27, 2012<br />
7: 30-9: 30 a.m.</p>
<p><strong>WHERE:</strong> Holiday Inn Express Hotel &amp; Suites LaMalfa<br />
5783 Heisley Road, Mentor, Ohio</p>
<p><strong>COST:</strong> $20 per person<br />
Includes healthy breakfast</p>
<p><strong>Make checks payable to:</strong><br />
<strong> Lake County Development Council or LCDC</strong><br />
P.O. Box 955, Painesville, OH 44077</p>
<p><em>This event sponsored is by Chase Bank, FirstMerit, Lake Health &amp; MEACO.</em></p>
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		</item>
		<item>
		<title>December 2011 Newsletter</title>
		<link>http://www.lakecountydevelopmentcouncil.org/december/</link>
		<comments>http://www.lakecountydevelopmentcouncil.org/december/#comments</comments>
		<pubDate>Fri, 09 Dec 2011 02:46:29 +0000</pubDate>
		<dc:creator>hlpghnd72</dc:creator>
				<category><![CDATA[Newsletter]]></category>

		<guid isPermaLink="false">http://lcdc.lakenetwork.net/?p=65</guid>
		<description><![CDATA[Getting In Shape; Government’s Retreat: Whether we like it or not, it is time to expect less from government; Private Prisons Hit Snags; NE Ohio’s manufacturing sector flexing its muscle; Asian Carp for Dinner?]]></description>
			<content:encoded><![CDATA[<p>Congratulations to the elected Trustees for the 2012-2014 term: Tim Cahill-First Merit Bank, Brandon Dynes-Dynes Ins., Randy Horst-Dollar Bank, John Hurley-Attorney, Martin Kuula-First Energy, Tom Thielman-MEACO and Mark Tyler-Lubrizol.</p>
<h2>Getting In Shape</h2>
<p><a href="http://www.lakecountydevelopmentcouncil.org/relcdcwp/wp-content/uploads/2011/12/dieting-e1323371964130.jpg"><img class="alignright size-full wp-image-386" title="Healthy eating habits" src="http://www.lakecountydevelopmentcouncil.org/relcdcwp/wp-content/uploads/2011/12/dieting-e1323371964130.jpg" alt="Healthy eating habits" width="250" height="222" /></a>It’s clear to everyone involved in health care that overweight, smoking, sedentary workers are more likely to develop chronic and costly diseases like diabetes, heart disease and cancer. That’s why many states are now embracing the private-sector model of encouraging, and in some cases offering, financial incentives to get employees to break unhealthy habits. By offering a wellness program, states hope to cut costs by helping workers shed pounds, kick tobacco habits and otherwise get in better shape.</p>
<p>Nebraska became the first state to offer public employees a plan that packages a wellness program with lower premiums, says Carlos Castillo, director of the Nebraska Department of Administrative Services. Wellness options include 100 percent coverage for the basic preventive screenings, along with life-style programs offered by an independent provider. About 30 percent of employees have enrolled, and research shows they already have started to eat better, smoke less, exercise more and feel less stressed or depressed. There also has been a 19 percent increase in the portion of people who went for preventive screenings.</p>
<p>“We have already seen about 10 percent reduction in risk factors,” Castillo says, based on screenings for high blood pressure, blood sugar, tobacco use and activity level. Payback figures are now being calculated to see whether that translates into lower insurance costs for the state. But Castillo says he has “no doubt” that it does. “We are catching many conditions, like cancer, a lot earlier,” he says. “Those lead to huge cost savings.”</p>
<p>In Washington State, 60% to 80% of 7000 subjects were unaware of above normal levels tested in the categories of blood sugar, cholesterol, and blood pressure. - <em>Governing 11-11</em></p>
<h2>Government’s Retreat<br />
Whether we like it or not, it is time to expect less from government.</h2>
<p>It may be a practical reality as the economic contraction threatens to put an end to full-service government as we have known it. Across the country there is a growing realization that the city or country is one player but not the sole funding source or service provider. There is ever-greater reliance on foundations and friends to support city programs and capital needs.</p>
<p>In one Colorado city, 38 percent of the police department’s calls for service did not need a uniformed police officer-they needed a neighbor. Government reformers have long contended that citizens want to be back in the public square. Desperate financial straits are creating opening for them as governments have been compelled to refocus on those things residents cannot do for themselves, with residents otherwise filling voids left open.</p>
<p>In a classic 1998 episode of the animated sitcom The Simpsons, Homer makes a misguided and failed bid to become Springfield’s elected sanitation commissioner under the slogan, “Let somebody else do it.” His use of the phrase was the lazy man’s mantra for having government empty the trash, remove rodents, and do other things that have been professionalized over the years.</p>
<p>What we’re seeing now is the reversal of that. That “somebody else” is becoming us. -<em> Governing 11-11</em></p>
<h2>Private Prisons Hit Snags</h2>
<p>Privately run prisons were once seen as a viable way for states to save money in the face of skyrocketing corrections costs. But lately, the idea has hit a few roadblocks. A 2007 University of Utah study found that cost savings of private prisons “are not guaranteed and appear minimal.” Earlier this year, the Arizona Department of Corrections found that housing someone in a private jail can actually cost the state up to $1,600 more per inmate every year. <em>- Governing 11-11</em></p>
<h2>NE Ohio’s manufacturing sector flexing its muscle</h2>
<p>It might seem like a rusty old car to some, but Northeast Ohio’s manufacturing economy still has a pretty slick motor under the hood, and it’s revving up the regional economy right now.</p>
<p>Manufacturing, for once, is leading the nation’s economic recovery. In Northeast Ohio, the sector not only is growing faster than others, researchers say, but it’s also growing faster that manufacturing in the United States as a whole- and will continue to do so over at least the next five years.</p>
<p>So says Moody’s Analytics, as highlighted in the latest quarterly economic report by nonprofit business retention organization Team NEO. According to that analysis, Northeast Ohio’s manufacturing sector will grow by 27% from 2010 to 2015 in terms of total output. That’s a much faster rate of growth than Moody’s predicts for the nation as a whole, where it forecasts manufacturing output to climb by 17% over the same period.</p>
<p>“We think that (manufacturing) is what’s driving our relative success,” Team NEO chief executive Tim Waltermire said.</p>
<p>By “relative success,” Mr. Waltermire means the 18 countries in the northeast quadrant of Ohio are experiencing a lower unemployment rate than the nation as a whole- about 8.5% here compared to 9% for the United States. Northeast Ohio gained 30,000 jobs between fall 2010 and fall 2011, Team NEO’s research shows. About 8,000 of those jobs were in manufacturing sector, which was more than the gains in any other sector, Mr. Waltermire said.</p>
<p>There also are various fundamental factors driving the success of local manufacturers, said Ned Hill, dean of the Levin College of Urban Affairs at Cleveland State University.</p>
<p>Dr. Hill said a weakening dollar, relative to the euro, is boosting exports to Europe, while shale gas development is helping to sustain local equipment manufacturers and also is beginning to drive down costs for the plastics and chemical industries in which Northeast Ohio is a big participant.</p>
<p>“I also expect that as the recovery gains traction, Europe willing, there will be a revival in car and light truck production and sales, which benefits Northeast Ohio through the automotive supply chain,” Dr. Hill said.</p>
<p>The research predicts the plastics and rubber industry in Northeast Ohio will increase its output by a healthy 48.6% from 2010 to 2015. <em>- Crains 11-20-11</em></p>
<h2>Asian Carp for Dinner?</h2>
<p>Plankton-eating Asian carp swim in dozens of waterways near the Great Lakes. Should they ever break an electric fish barrier, the invasive species could decimate food supplies, starve out native fish and plants, and threaten a $7 billion fishing industry. To preserve native species and address the problem of hunger, one solution under consideration is to offer Asian carp at food banks. But people’s aversion to eating the 100-pound fish is getting in the way. So the Illinois Department of Natural Resources (DNR) has launched a campaign to try to change people’s minds and palates. The agency has hired Louisiana chef Philippe Parola to show people how to cook Asian carp, which the DNR says is not only cheap but also nutritious-it is low in mercury and high in Omega-3 fatty acids. To help change perceptions of the fish, Parloa calls it “silverfin” instead. <em>- Governing 11-11</em></p>
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		<item>
		<title>November 2011 Newsletter</title>
		<link>http://www.lakecountydevelopmentcouncil.org/november-2011/</link>
		<comments>http://www.lakecountydevelopmentcouncil.org/november-2011/#comments</comments>
		<pubDate>Wed, 09 Nov 2011 02:50:29 +0000</pubDate>
		<dc:creator>hlpghnd72</dc:creator>
				<category><![CDATA[Newsletter]]></category>

		<guid isPermaLink="false">http://lcdc.lakenetwork.net/?p=72</guid>
		<description><![CDATA[Economists: There’s no quick fix for our economic woes; We’re in a cranky mood; Why America Must Revive Its Middle Class]]></description>
			<content:encoded><![CDATA[<h2>Economists: There’s no quick fix for our economic woes</h2>
<p>If it’s not obvious to you already, a Washington Post story based in part on data from a Federal Reserve Bank of Cleveland economist’s work concluded the economic recovery “is likely to be one of the</p>
<p>The bad news: “If it follows the patterns of other similar crises, the recovery of the U.S. economy could take years.”most difficult and protracted in U.S. history.”</p>
<p>Of the 11 U.S. recessions after World War II and before the most recent downturn, all but one were followed by recoveries that were more rapid than the decline, according to research by economists Michael D. Bordo of Rutgers and Joseph Haubrich of the Cleveland Fed.</p>
<p>This one is different because it was a financial crisis that has left behind large amounts of private and public debt.</p>
<div>
<p>In a forthcoming paper, Messrs. Bordo and Haubrich study the record of U.S. business cycles going back to 1882. They focus most of their interpretation of the recent recession on the housing market’s collapse.</p>
<p>“This recession is the only one in U.S. history associated with a big housing bust nationwide,” Mr. Bordo told The Post. “We think that is a key reason why the economy is so slow- residential construction, consumer durables, that whole sector is moribund.</p>
<p><em>Crains 9-4-11 </em></p>
<h2>We’re in a cranky mood</h2>
<p>Ohioans are among the most unhappy people in the United States, according to the latest Gallup-Healthway Well-Being Index. The index, which runs on a scale of 0 to 100, is based on surveys with Americans in six areas: life evaluation, emotional health, work environment, physical health, healthy behaviors and access to basic necessities. The average score nationwide for the January-June period this year was 66.4, down from 66.8 in the like period a year ago. Here are the top and bottom five states for 2011:</p>
<table style="border-width: 1px; border-color: #ccc; border-style: solid;" width="400" border="0" cellspacing="0" cellpadding="2">
<tbody>
<tr>
<td><strong>State</strong></td>
<td><strong>Index Score</strong></td>
<td><strong>State</strong></td>
<td><strong>Index Score</strong></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Hawaii</td>
<td>71.1</td>
<td>West Virginia</td>
<td>62.4</td>
</tr>
<tr>
<td>North Dakota</td>
<td>70.5</td>
<td>Kentucky</td>
<td>63.0</td>
</tr>
<tr>
<td>Alaska</td>
<td>69.4</td>
<td>Mississippi</td>
<td>63.6</td>
</tr>
<tr>
<td>Nebraska</td>
<td>68.4</td>
<td>Ohio</td>
<td>64.4</td>
</tr>
<tr>
<td>Minnesota</td>
<td>68.3</td>
<td>Louisiana</td>
<td>64.6</td>
</tr>
</tbody>
</table>
<p><em>Source: <a href="http://well-beingindex.com" target="_blank">Well-beingindex.com</a>, 9/4/2011</em></p>
</div>
<div>
<p>Two Ohio legislators want to create the Ohio Works Progress Administration, modeled after the federal Depression-era agency. If passed, the jobs initiative would employ about 50 people in each county, doing a variety of work including demolition and rehabilitation of vacant houses, disaster cleanup, and waterway conservation.</p>
<p><em>American Planning Association 9-11</em></p>
<h2>Why America Must Revive Its Middle Class</h2>
<p><img class="size-full wp-image-341 alignleft" style="border-style: initial; border-color: initial;" title="generating-ideas-for-improv" src="http://www.lakecountydevelopmentcouncil.org/relcdcwp/wp-content/uploads/2011/10/generating-ideas-for-improv1.jpg" alt="" width="300" height="199" />America was once the great middle-class society. Now we are divided between rich and poor, with the greatest degree of inequality among high-income democracies. The top 1% of households take almost a quarter of all household income- a share not seen since 1929. An economy this lopsided cannot prosper. The poor and working class are squeezed. The rich are increasingly absenting themselves from the country’s troubles. Their businesses sell goods and outsource jobs to China, their homes are behind gated walls, much of their corporate income is in offshore tax havens.</p>
<p>It should be no surprise that our politics are foul as a result of it all. The rich finance candidates while the poor cannot. Political scientists have shown that members of Congress- many of whom are wealthy themselves- devote their legislative votes to the wishes of their well-to-do constituents. President Obama has dined regularly with the lords of finance, meanwhile, billionaire oil magnates fund the tax-cutting frenzy of the Tea Party.</p>
<p>America has been here once before. In the first three decades of the 20th century, new fortunes in industry pushed up incomes and wealth at the top while mass immigration set a low floor. The Republicans won the White House through-out the 1920’s- Harding, Coolidge and Hoover- and the Supreme Court weighed in for the big corporations, striking down labor standards, minimum wages and other social protections.</p>
<p>Then came the Great Depression in 1929 and Franklin D. Roosevelt’s New Deal four years later. FDR railed against “a small group [who] had concentrated into their own hands an almost complete control over other people’s property, other people’s money, other people’s labor-other people’s lives.”</p>
<p>Today the economic and political forces are different, but the need for a new course is the same. On the economic front, the rise of China and globalization are the critical new variables. Great profits are being earned, and kept, abroad. At home, workers with lower skills and education are being squeezed by competition from overseas. Manufacturing has shrunk.</p>
<p>It’s hard to overstate the long-term consequences of global changes and our failure to adjust to them. The new globalization has accelerated the hollowing out of U.S. industries such as apparel, autos and textiles and in the process devastated the middle class employed in manufacturing, except in the highest-skill areas. Although American consumers have been the beneficiaries of a flood of low-cost and high-quality Chinese products, America’s industrial workers have paid fro it in wage cuts and higher unemployment. The median earnings of full-time male workers reached their peak way back in 1973. Female workers have fared somewhat better, in part because they are disproportionately in areas like health care and education, which are more sheltered from global competition. The earnings of the CEO’s who oversaw this loss of competitiveness, of course, soared spectacularly, especially as they grabbed stock options designed for their benefit.</p>
<p>This deterioration in Main Street earning prospects was covered up for more than 20 years by debt. First, there was mortgage debt. Washington encouraged housing construction at every turn through Fannie Mae and Freddie Mac, Wall Street deregulation and the Fed’s low-interest-rate policies. The housing sector seemed like an employment winner, creating construction jobs that at least partly offset the lost manufacturing jobs. A winner, that is, until the bubble collapsed in 2007.</p>
<p>Eager to keep voters feeling prosperous, Washington also fed the fever of consumer credit. If people could no longer earn their way to affluence, they could try to borrow their way instead. Only in 2008 did households come to understand the precariousness of their balance sheets.</p>
<p>The surge of financial inequality and recklessness has been a bipartisan affair, aided and abetted by every administration and Congress since 1981. And leaders from both parties have yet to accept the magnitude of the shifts in the world economy and the scope of the solutions needed. When Obama took office in 2009, he treated the financial crisis as a major but temporary shock. Obama called for a two-year jolt to spending. The famous stimulus legislation was a haphazard mix of tax cuts and spending increases, with no real attention to the long term. The idea was to build a bridge over the downturn and hope that the economy would bounce back to life by 2010.</p>
<p>We know the story since then. There has been no bounce back. Each year, as temporary stimulus measures have worn off, Obama has called for another sharp, short push. This was the message at the end of 2010 when the White House and Congress agreed to extend the George W. Bush-era tax cuts to 2012 and when the White House received a temporary cut in payroll taxes. This is the message again today. The new American Jobs Act calls for more tax cuts and temporary outlays. But there are a few takers for ‘just one more year” of stimulus when the results of the first three years have been so poor.</p>
<p>The Republican approach has boiled down to one idea: cut taxes permanently to revive the economy, and slash government spending to end the need for taxation. It’s an argument that they’ve peddled, and largely implemented, for 30 years, with poor and worsening results. They claim, without evidence, that taxes and regulations are killing job creation, though many countries with much higher taxes and much stiffer corporate regulations have much higher employment rates than the U.S. The Republicans fail to understand that businesses are investing abroad not because of taxes but because higher wages in the U.S. are not sufficiently matched by higher skills, as they are in, say, Germany or Sweden. We are, to put it bluntly, simply noncompetitive in many industrial sectors.</p>
<p>The truth is that it will take more spending-not in the form of haphazard stimulus but in smart long-term public investments in education, infrastructure and human capital-to get us out of our present mess. We will keep our high living only if we embrace and manage the complexities of a technologically advanced and globalized economy.</p>
<p>It’s time to stop arguing about spending cuts for everyone and tax cuts for the rich. Instead, Congress should be having a serious discussion about how we’re going to fund our future competitiveness. In this way, we can build the skills and productivity in our society to compete effectively in the 21st century. If we do what needs to be done, we will look back at the decades from the 1980’s till now as merely a detour from reform, a period when America lost track of the realities of a fast-changing world economy and our need to change with it. It’s heartening to know that the young in American remain optimistic about the potential of government to solve problems. They are energized for a fresh start.</p>
<p><em>Jeffrey D Sachs, Columbia University 10-11</em></p>
</div>
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		<title>Nov. 4 Mayor&#039;s Panel and Noon Luncheon</title>
		<link>http://www.lakecountydevelopmentcouncil.org/nov-4-mayors-panel-luncheon/</link>
		<comments>http://www.lakecountydevelopmentcouncil.org/nov-4-mayors-panel-luncheon/#comments</comments>
		<pubDate>Wed, 26 Oct 2011 01:48:58 +0000</pubDate>
		<dc:creator>hlpghnd72</dc:creator>
				<category><![CDATA[Events]]></category>

		<guid isPermaLink="false">http://lcdc.lakenetwork.net/?p=69</guid>
		<description><![CDATA[<p>This month's speakers include mayors representing the communities of Lakeline, Willoughby, Willoughby Hills, Eastlake and Willowick.</p>
<p><a href="http://www.lakecountydevelopmentcouncil.org/nov-4-mayors-panel-and-noon-luncheon/">Info and Registration...</a></p>]]></description>
			<content:encoded><![CDATA[<p><a name="meeting"></a></p>
<p class="content">This month&#8217;s speakers include mayors representing the communities of Lakeline, Willoughby, Willoughby Hills, Eastlake and Willowick.</p>
<p class="content"><strong>Friday, November 4, 2011 @ Noon<br />
</strong><a title="Visit Dino's site" href="http://www.dinosbanquetcenter.com/" target="_blank">Dino&#8217;s Restaurant and Banquet Center</a>&#8211;<a title="Google Map" href="http://maps.google.com/maps?q=I-90+and+Route+306,+Willoughby&amp;hl=en&amp;ll=41.62558,-81.362686&amp;spn=0.07622,0.107803&amp;hq=I-90+and&amp;hnear=Ohio+306,+Willoughby,+Ohio+44094&amp;t=m&amp;z=13&amp;vpsrc=0" target="_blank">I-90 and Route 306, Willoughby</a><br />
Registration includes lunch and is only $15 for members and $17 for nonmembers.</p>
<p class="content">Please contact Melissa McArthur at 440-336-4355 or email her at cmb6899@sbcglobal.net. You may send your payment in by mail to LCDC, P.O. Box 955, Painesville, Ohio 44077 or pay online below:</p>
<p class="content">Registration Closed</p>
]]></content:encoded>
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		<title>September 2011 Newsletter</title>
		<link>http://www.lakecountydevelopmentcouncil.org/september-2011/</link>
		<comments>http://www.lakecountydevelopmentcouncil.org/september-2011/#comments</comments>
		<pubDate>Fri, 09 Sep 2011 01:51:59 +0000</pubDate>
		<dc:creator>hlpghnd72</dc:creator>
				<category><![CDATA[Newsletter]]></category>

		<guid isPermaLink="false">http://lcdc.lakenetwork.net/?p=74</guid>
		<description><![CDATA[<p><strong>Growth Spurt in IT Industry; Getting Around in Growing Cities; Edible Landscaping</strong></p>
<p>Some good news for the economy: The IT industry is having a growth spurt. Spending on information technology will climb by about 5% next year, following a 7% jump this year over last. Consumers shelling out for hot new gadgets play a part, but the biggest outlays are by firms upgrading equipment and services. Total U.S. expenditures on IT will near $625 billion in 2012, vs. $600 billion in 2011.</p>]]></description>
			<content:encoded><![CDATA[<h2>Information Technology</h2>
<p>Some good news for the economy: The IT industry is having a growth spurt. Spending on information technology will climb by about 5% next year, following a 7% jump this year over last. Consumers shelling out for hot new gadgets play a part, but the biggest outlays are by firms upgrading equipment and services. Total U.S. expenditures on IT will near $625 billion in 2012, vs. $600 billion in 2011.</p>
<p>Strong sector growth is also a bright spot on the jobs front. Overall, IT firms will add 150,000 jobs this year and would add more if they could. The labor pool of skilled IT workers is tight. Dice.com, a leading IT job-listing site, currently has more than 80,000 postings from companies looking for workers. The industry jobless rate was just 4.7% in July, and for the U.S. as a whole&#8230; 9.1%.</p>
<p><em>Kiplinger 8-12-11</em></p>
<h2>Getting Around in Cities</h2>
<p>Over 50% of the world&#8217;s population now lives in cities and this proportion is set to increase. Furthermore, over 30% of the world&#8217;s GDP comes from the top 100 cities and this proportion is also set to increase. Thus, urbanization is fast becoming one of the brute facts of life for mankind as we struggle to ensure a sustainable future on an increasingly over-crowded and over-stressed planet. Yet the study and management of cities is beset by a lack of recognition and use of the enormous power of information to enable solutions to address these problems.</p>
<p>Getting around easily by &#8220;helping people find their way,&#8221; through signage and other visual clues is critical to experiencing cities. Successful wayfinding programs can provide many benefits including creating more positive perceptions by visitors and residents, making it easier to find parking and providing a better, and more branded experience. Addressing wayfinding issues includes:</p>
<ul>
<li>Consider the psychological aspects of how users feel and behave in a particular space or place, especially when emotions are piqued.</li>
<li>Understand movement to and within a space via travel alternatives.</li>
<li>Decide what kinds of signs are needed with a sign type hierarchy list.</li>
</ul>
<h2>Eating your Landscaping</h2>
<p>Nitrogen overloading is a serious problem in estuarine waters. Research shows that excessive nitrogen is causing an overgrowth of algae, which is outcompeting the eelgrass that provides the nursery grounds for many fish and other aquatic species.</p>
<p>An overgrowth of algae depletes oxygen in waters, killing marine life, increases the incidences and duration of harmful algal blooms, and lowers species diversity.</p>
<p>While agriculture, septic tanks, and lawn and garden fertilizers may spring to mind as the most common sources of nitrogen, atmospheric deposition from the burning of fossil fuels has the same impact on water quality.</p>
<p>For the U.S. as a whole, atmospheric deposition of nitrogen from smokestacks and tailpipes is estimated to contribute 40 percent of the nitrogen that reaches coastal rivers and bays.</p>
<p>In addition to degrading coastal water quality, atmospheric nitrogen is a contributing factor in climate change.</p>
<p>Ecological landscaping involves practices such as reducing lawn area, using native plants, composting, mulching and programs that promote eating locally grown food.</p>
<p>Edible landscaping uses less fertilizer and reduces lawn areas, but adds the bonus of growing your own food. It reduces both nitrogen and the carbon footprint.</p>
<p>According to advocates, edible landscaping also is beneficial because fewer gas- or electric- powered tools, such as mowers and blowers, are used in its maintenance, compared to traditional lawns.</p>
<p>Edible landscaping uses fruit-and vegetable-bearing plants, herbs, and edible flowers throughout yards to turn the traditional lawn into a more utilitarian- but still decorative- space.</p>
<p>A walkway might be bordered with lettuce, cucumber vines might crawl up a decorative trellis, or mint might be used as a ground cover.</p>
<p>Edible landscaping can also be as simple as growing decorative containers of herbs and vegetables alongside flowerpots on a patio.</p>
<p><em>Coastal Services 8-11</em></p>
<h2>Urban Agriculture Incubator Pilot Program</h2>
<p>The Urban Agriculture Incubator Pilot Program would be commendable even if all it did was re-green 6 acres of vacant property in Cleveland&#8217;s Central neighborhood. But that&#8217;s just a side benefit of this public-private partnership created to cultivate a new crop of urban farmers.</p>
<p>Initially, quarter-acre garden plots are being leased to 20 participants enrolled in the incubator project. In exchange for selling their fruits and vegetables locally, they get a chance to turn their love of gardening into a new vocation.</p>
<p>One half acre site has been reserved as a demonstration area where The Ohio State University Extension, Cuyahoga County, is offering intensive, hands-on training for the prospective farmers in urban agriculture, direct marketing and business planning. More land is available so the incubator can grow over time.</p>
<p>Cleveland won the U.S. Department of Agriculture&#8217;s first $740,000 grant through its Beginning Farmer and Rancher Development Program.</p>
<p>The state and the city each committed an additional $100,000. The city donated the vacant land, and Burten, Bell, Carr Development Inc. recruited project participants from the community.</p>
<h2>Inside Business 8-11</h2>
<ul>
<li>Determine what sign goes where and with what message using location plans and message schedules.</li>
<li>Account for special considerations such as vandalism, damage and message replacement.</li>
<li>Design compelling and appropriate signage that provides information when it is needed and adds to the identity and context of a place.</li>
</ul>
<p><em>Ohio Planners News, 9-11</em></p>
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		<title>August 2011 Newsletter</title>
		<link>http://www.lakecountydevelopmentcouncil.org/august-2011/</link>
		<comments>http://www.lakecountydevelopmentcouncil.org/august-2011/#comments</comments>
		<pubDate>Tue, 09 Aug 2011 01:52:49 +0000</pubDate>
		<dc:creator>hlpghnd72</dc:creator>
				<category><![CDATA[Newsletter]]></category>

		<guid isPermaLink="false">http://lcdc.lakenetwork.net/?p=76</guid>
		<description><![CDATA[<p><strong>Current Economic Recovery; Ohio &#038; Regional Jobs and Employers Chart; Ohio Manufacturing Solid But Tax Climate Lags; Training in Solar Technology; Job Openings</strong></p>

<p>The grades are in. Ball State University’s Center for Business and Economic Research gives a report card on manufacturing and logistics every year. Ohio leads the class in manufacturing but needs to make good on a promise to bone up on its economic development studies by improving the tax climate for business. Ball State’s Dr. Hicks gives the state an A in logistics for its strong transportation abilities and robust infrastructure...</p>]]></description>
			<content:encoded><![CDATA[<h2 class="alpha">Welcome New Member</h2>
<p>Welcome to new member Wintergreen Advicoach, LLC.</p>
<p><strong>Wintergreen Advicoach<br />
</strong><br />
Larry Lamphier, President</p>
<p>210 Wintergreen Hill <a href="mailto:llamphier@advicoach.com"><br />
llamphier@advicoach.com<br />
</a><br />
440-867-2970</p>
<p>&nbsp;</p>
<h2 class="alpha">Current Economic Recovery</h2>
<p><em>Since Recession End in 6/09</em></p>
<table class="newslettertable" style="width: 400px;" width="100%" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="67%">Gross Domestic Product (GDP)</td>
<td width="33%">5.5%</td>
</tr>
<tr>
<td>Total Jobs</td>
<td>0.4%</td>
</tr>
<tr>
<td>Total Manufacturing Jobs</td>
<td>-0.3%</td>
</tr>
<tr>
<td>Home Prices</td>
<td>-8.8%</td>
</tr>
<tr>
<td>Disposable Personal Income</td>
<td>1.8%</td>
</tr>
<tr>
<td>Personal Spending</td>
<td>3.9%</td>
</tr>
<tr>
<td>Exports, Goods, Services</td>
<td>20.6%</td>
</tr>
<tr>
<td>Bank Lending</td>
<td>-4.1%</td>
</tr>
<tr>
<td>Corporate Profits</td>
<td>46.6%</td>
</tr>
</tbody>
</table>
<p class="content" style="text-align: left;"><em>Sources: Commerce Department, Fed. Reserve Bank, Robbert J. Shiller (home prices), Labor Department </em></p>
<h2 class="content" style="text-align: left;">Ohio &amp; Regional Jobs and Employers Change (2007-2009)</h2>
<table class="newslettertable" style="width: 550px;" width="100%" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td valign="top" width="27%">County</td>
<td valign="top" width="24%">Job Loss</td>
<td valign="top" width="27%">Payroll Loss</td>
<td valign="top" width="22%">Employer Loss</td>
</tr>
<tr>
<td valign="top">Cuyahoga</td>
<td valign="top">46,666 -6.7%</td>
<td valign="top">1.6b -5.4%</td>
<td valign="top">1943 -5.4%</td>
</tr>
<tr>
<td valign="top">Geauga</td>
<td valign="top">2,609 -7.7%</td>
<td valign="top">104m -8.5%</td>
<td valign="top">179 -6.1%</td>
</tr>
<tr>
<td valign="top">Lake</td>
<td valign="top">6,349 -6.9%</td>
<td valign="top">166m -5.0%</td>
<td valign="top">284 -4.4%</td>
</tr>
<tr>
<td valign="top">Lorain</td>
<td valign="top">7,966 -9.0%</td>
<td valign="top">328m -11.0%</td>
<td valign="top">399 -6.5%</td>
</tr>
<tr>
<td valign="top">Ohio</td>
<td valign="top">321,588 -6.7%</td>
<td valign="top">9.1b -5.0%</td>
<td valign="top">13,748 -5.1%</td>
</tr>
</tbody>
</table>
<p class="content" style="text-align: left;"><em>Source: U.S. Census</em></p>
<p>Regional counties overall have been hit harder by the recession than the state as a whole for the years 2007-2009. Lake County has fared a little better statistically than other regional counties, still not good compared to growing numbers. Adding employers and jobs would be key to economic sustainability for the future.</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<h2>Ohio Manufacturing Solid, But tax Climate Lags</h2>
<p>The grades are in. Ball State University&#8217;s Center for Business and Economic Research gives a report card on manufacturing and logistics every year. Ohio leads the class in manufacturing but needs to make good on a promise to bone up on its economic development studies by improving the tax climate for business. Ball State&#8217;s Dr. Hicks gives the state an A in logistics for its strong transportation abilities and robust infrastructure.</p>
<p>Dr. Hicks said that in the current business environment, companies are more sensitive to tax issues than they are to work force issues. That&#8217;s a complete reversal from about five years ago when workers were tough to find, he said, but in today&#8217;s market they are plentiful. &#8220;You can change the tax problem quicker; you can go from a C to an A in one (legislative) session,&#8221; Dr. Hicks said. The challenge, he said, will be for Ohio to change its tax climate while still investing enough in training and education to ensure it has strong future work force. The state needs &#8220;a fiscal austerity plan, combined with real focus on school reform.&#8221; Ohio must have balance it needs so that it doesn&#8217;t just end up with low taxes, but also continues to support its infrastructure and work force development.</p>
<p><em>Source: Crains 7-11-11</em></p>
<p>&nbsp;</p>
<h2>Training In Solar Technology</h2>
<p>As the application of alternative energy becomes more popular, those with training in solar technology can look forward to a bright and promising career in this growing job market. Many training programs include solar thermal training. A solar thermal system is one that captures solar energy and converts it into heat that can be used to power a furnace or other heating device.</p>
<p>Core courses for an associate degree include technical mathematics, electrical circuits, green building systems, and courses in solar thermal and solar voltaic systems. Additional courses include composition, problem solving, and electronic devices. Solar technicians must also be well versed in the National Electric Code.</p>
<p>Solar careers are a unique opportunity for professionals who are transitioning from careers in more mature or declining areas of energy technology. By building on their existing knowledge, they can expand their skill set by adding a short-term certificate or an associate degree in solar technology.</p>
<p>Men and women who currently work as electricians or for electric companies may be interested in adding solar power training to their resume in order to expand their job opportunities. Careers related to solar power are springing up around the world. The highest demand is in warmer climates, such as the southern and western parts of the United States, which receives direct sunlight year round.</p>
<p>In regions with fewer direct sunlight hours throughout the year, a student may be wise to combine solar technology training with another alternative energy subject. In Northeast Ohio, students can benefit from training in both solar technology and wind turbine technology. With a dual specialization, students may be able to find employment working on solar systems during the summer months and installing and repairing wind turbines during the colder, cloudier months of the year. For students interested in alternative energy or seasoned professionals in a related field, training in solar technology can lay the groundwork for a promising career.</p>
<p><em>Duncan Estep, Lorain Comm. College (<a href="mailto:destep@lorainccc.edu">Email</a>) 7-20-11</em></p>
<p>&nbsp;</p>
<h2>Job Openings</h2>
<p>If you&#8217;re seeking a job these days, your best bets are in business services, health care and leisure/hospitality. Government work, meanwhile, is hard to find. Professional and business services had the most job openings, at 3%, while government was the worst, at 1.4%. Here&#8217;s a breakdown by industry:</p>
<table class="newslettertable" style="width: 520px;" width="100%" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td valign="top" width="59%"><strong>Industry</strong></td>
<td width="41%"><strong>Job Openings Rate<br />
April 2011</strong></td>
</tr>
<tr>
<td valign="top">Professional &amp; Business Services</td>
<td valign="top">3.0%</td>
</tr>
<tr>
<td valign="top">Education &amp; HealthServices</td>
<td valign="top">2.7%</td>
</tr>
<tr>
<td valign="top">Leisure &amp; Hospitality</td>
<td valign="top">2.3%</td>
</tr>
<tr>
<td valign="top">All Industries</td>
<td valign="top">2.2%</td>
</tr>
<tr>
<td valign="top">Trade, Transportation and Utilities</td>
<td valign="top">1.9%</td>
</tr>
<tr>
<td valign="top">Manufacturing</td>
<td valign="top">1.9%</td>
</tr>
<tr>
<td valign="top">Construction</td>
<td valign="top">1.7%</td>
</tr>
</tbody>
</table>
<p><em>Data.BLS.gov</em></p>
<p>Consumer prices will likely climb about 3% this year, nearly double the rate of increase last year. And it may seem like more that that. Prices for gasoline and food, very visible indicators, will increase much faster than the average. Core inflation, which doesn&#8217;t include them, will run under 2%. And declines in consumer prices&#8211;for apparel and telephone services, for example&#8211;are less noticed. The cost of shelter, too&#8211;measured as rent&#8211;won&#8217;t climb by much.</p>
<p><em>Kiplinger 5/13/2011</em></p>
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		<title>July 2011 Newsletter</title>
		<link>http://www.lakecountydevelopmentcouncil.org/july-2011/</link>
		<comments>http://www.lakecountydevelopmentcouncil.org/july-2011/#comments</comments>
		<pubDate>Sat, 09 Jul 2011 01:53:48 +0000</pubDate>
		<dc:creator>hlpghnd72</dc:creator>
				<category><![CDATA[Newsletter]]></category>

		<guid isPermaLink="false">http://lcdc.lakenetwork.net/?p=78</guid>
		<description><![CDATA[China and India lead the way in GDP Growth GDP 2011 2012 World 4.4 4.5 United States 3.0 3.2 Euro Zone 1.6 1.8 China 9.4 9.2 Japan 1.4 2.2 United Kingdom 1.7 2.3 Brazil 4.5 4.3 Russia 4.8 4.5 Canada <a href="http://www.lakecountydevelopmentcouncil.org/july-2011/"><span class="readmore" style="margin-left:10px;">Read More</span></a>]]></description>
			<content:encoded><![CDATA[<p class="alpha">China and India lead the way in</p>
<p>GDP Growth</p>
<table class="footer" width="100%" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="41%"><strong>GDP</strong></td>
<td width="19%"><strong>2011</strong></td>
<td width="40%"><strong>2012</strong></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>World</td>
<td>4.4</td>
<td>4.5</td>
</tr>
<tr>
<td>United States</td>
<td>3.0</td>
<td>3.2</td>
</tr>
<tr>
<td>Euro Zone</td>
<td>1.6</td>
<td>1.8</td>
</tr>
<tr>
<td>China</td>
<td>9.4</td>
<td>9.2</td>
</tr>
<tr>
<td>Japan</td>
<td>1.4</td>
<td>2.2</td>
</tr>
<tr>
<td>United Kingdom</td>
<td>1.7</td>
<td>2.3</td>
</tr>
<tr>
<td>Brazil</td>
<td>4.5</td>
<td>4.3</td>
</tr>
<tr>
<td>Russia</td>
<td>4.8</td>
<td>4.5</td>
</tr>
<tr>
<td>Canada</td>
<td>2.8</td>
<td>2.7</td>
</tr>
<tr>
<td>India</td>
<td>9.0</td>
<td>8.2</td>
</tr>
<tr>
<td>South Korea</td>
<td>4.5</td>
<td>4.2</td>
</tr>
<tr>
<td>Mexico</td>
<td>4.4</td>
<td>4.0</td>
</tr>
</tbody>
</table>
<p class="content" style="text-align: right;"><em>Kiplinger, 4-22-2011 </em></p>
<p class="alpha"><strong>Excess Housing Capacity in</strong></p>
<p>Region</p>
<p>Events leading to the &#8220;housing bubble&#8221; of the last decade caused unnecessarily high housing costs, lost revenues to families and businesses, and stress on governments trying to provide services at an acceptable level. Avoiding a repeat occurrence begins with analyzing and publicizing data from the American Community Survey.</p>
<p>While &#8220;housing starts&#8221; traditionally support economic recovery, they currently cannot. Residential construction during the past decade proceeded without consideration for demand. Though plans were approved, units built, and many sold, the numbers far exceeded need. A growing supply of vacant housing delayed any boost in the demand for additional housing for several years.</p>
<p>During the 1990&#8242;s Ohio&#8217;s housing supply increased by 411,106 units while occupied housing units increased by 358,227, 87% of unit growth. The 2010 Census results show housing units increasing by 344,457 and households by 157,702; an excess of 200,000 units are a drag on the economy. The current slowdown in construction may allow households to increase more rapidly than units causing the excess inventory to shrink.</p>
<p>&nbsp;</p>
<p class="alpha"><strong>Excess Housing 2000-2009</strong></p>
<table class="footer" width="100%" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="39%"><strong>County</strong></td>
<td width="22%"><strong>Unit Growth</strong></p>
<p>from 2000</td>
<td width="21%"><strong>Household Growth from 2000 </strong></td>
<td width="18%"><strong>Excess Units</strong></td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Cuyahoga</td>
<td>4057</td>
<td>35,874</td>
<td></td>
</tr>
<tr>
<td>Summit</td>
<td>12,634</td>
<td>3869</td>
<td>7604</td>
</tr>
<tr>
<td>Mahoning</td>
<td>2326</td>
<td>2746</td>
<td>5503</td>
</tr>
<tr>
<td>Lorain</td>
<td>12,257</td>
<td>6137</td>
<td>4826</td>
</tr>
<tr>
<td>Trumbull</td>
<td>2071</td>
<td>1454</td>
<td>3238</td>
</tr>
<tr>
<td>Lake</td>
<td>5632</td>
<td>3724</td>
<td>348</td>
</tr>
<tr>
<td>Portage</td>
<td>5475</td>
<td>4225</td>
<td>581</td>
</tr>
<tr>
<td>Medina</td>
<td>10,191</td>
<td>8576</td>
<td>49</td>
</tr>
</tbody>
</table>
<p style="text-align: right; font-style: italic;">Ohio Planners News &#8211; 4-11</p>
<p>Bill Leonard at<br />
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<p>&nbsp;</p>
<p class="alpha">Manufacturing in Northeast Ohio</p>
<p>Our strength in manufacturing has powered the region&#8217;s recovery from the Great Depression, as factories revved up Northeast Ohio&#8217;s corporate revenues and profits. But these factories, and the companies that own them, are changing rapidly, in fundamental ways. Smaller plants making younger products- fueled by lots and lots of capital- will dominate manufacturing.</p>
<p>Northeast Ohio is a global center for the medical-imaging industry- a historical strength that now features local representation by five global competitors with deep supply chains.. We house critical facilities for Philips Medical, Hitachi and Siemens; M2M moved here from New Jersey, while ViewRay arrived from Florida. All together, they&#8217;ve invested some $369 million into the Northeast Ohio imaging industry. Why? Because these companies- and those in other sectors- bet on communities in which industry-specific talent, knowledge and innovation are readily available.</p>
<p>Advances in information technology and logistics- combined with the elimination of trade barriers around the globe- have allowed companies to fragment themselves into separate functions (production, product design, customer service, etc.) located thousands of miles away from each other. The days of low-wage, low-value-added factory jobs are gone along Lake Erie&#8217;s shores.</p>
<p>Our research indicates that regions that want to remain competitive in manufacturing must focus on two key functions that drive innovation and revenue: product design and development and headquarters and administrative functions. These functions not only drive corporate income, they also create the highest-paying jobs- with careers that tend to remain rooted in a particular place next to similarly focused firms, talent and capital. Eaton and Parker-Hannifin are two large examples, while MTD illustrates the importance of leading-edge product design and development in the lawn-care industry.</p>
<p>Bottom-line: Northeast Ohio retains a key legacy advantage in many industries.</p>
<p style="text-align: right;"><em>Inside Business 1-11</em></p>
<p class="alpha">Salaries: The Great Divide</p>
<p>CEO pay is rising again, outpacing the rest of us:</p>
<p>2% Pay increase for average worker in 2010</p>
<p>23% Increase in pay for CEO&#8217;s in 2010</p>
<p>$11.4 Million: Average CEO pay at top 200 Million firms.</p>
<p style="text-align: right;"><em>Bureau of Labor Statistics; AFL-CIO</em></p>
<p class="alpha">CSU, 2 other schools will explore civility in public discourse</p>
<p>Three Northeast Ohio universities have unveiled a program to explore rude, crude and downright unkind public discourse- and maybe find a way to do something about it. Officials at the University of Akron, the University of Mount Union and Cleveland State University announced at the Union Club in Cleveland that the collaboration would be the first of many joint projects.</p>
<p>Each institution is kicking in money to provide a stipend for at least one faculty member and student from its university to conduct the research this summer. The plan is for the partners to look at one issue each year.</p>
<p style="text-align: right;"><em>Akron Beacon Journal 4-22-11</em></p>
<p>&nbsp;</p>
<p class="alpha">City Living</p>
<p>Young professionals are moving to or near big cities in a big way, according to an analysis of housing data for 2000-2009. In Cleveland, the number of 25-34 yr olds who have a 4 yr degree or higher and live within 3 miles of the city&#8217;s central business district rose 49% in the decade, representing a gain of 1,302 people. Here&#8217;s how Cleveland shapes up against selected other cities:</p>
<table class="footer" width="100%" border="0" cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td width="41%"><strong>Metro area</strong></p>
<p>2000-09</td>
<td width="19%"><strong>Young</strong></p>
<p>Gain</td>
<td width="40%"><strong>Professional</strong></p>
<p>$Gain</td>
</tr>
<tr>
<td></td>
<td></td>
<td></td>
</tr>
<tr>
<td>Atlanta</td>
<td>9722</td>
<td>61%</td>
</tr>
<tr>
<td>Cincinnati</td>
<td>2001</td>
<td>28%</td>
</tr>
<tr>
<td>Cleveland</td>
<td>1302</td>
<td>49</td>
</tr>
<tr>
<td>Columbus</td>
<td>4033</td>
<td>45</td>
</tr>
<tr>
<td>Detroit</td>
<td>1968</td>
<td>59</td>
</tr>
<tr>
<td>Indianapolis</td>
<td>2669</td>
<td>83</td>
</tr>
<tr>
<td>Pittsburgh</td>
<td>3155</td>
<td>40</td>
</tr>
</tbody>
</table>
<p style="text-align: right;"><em>2005-2009 American Community Survey</em></p>
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