The International Trade Administration (ITA) reports Ohio merchandise exports increased 3.9 percent from 2012 to 2013.
The organizations says exports grew to a record high $50.5 billion.
“Big export sales means more revenue which translate into economic growth and jobs for the Ohio,” said Marcia Brandstadt, Director of the U.S. Commercial Service in Cincinnati. “There is a great potential for more exporting—particularly among smaller businesses that have yet to sell abroad."
The Cincinnati and Northern Kentucky regions' economy continues to bounce back from the recession that began five years ago, according to a new economic outlook report.
But the economic outlook report issued Wednesday said more can be done to pick up the pace.
The Cincinnati USA Regional Chamber and the Northern Kentucky Chamber of Commerce issued a report Wednesday that forecasts a two percent increase in gross regional product in 2014, compared to 1.4 percent this year.
Other than our former police chief, what does Detroit have that we don’t have? A group of Cincinnati leaders traveled to Detroit to get ideas from the city determined to pull itself up and out of bankruptcy. Sean Rhiney, director of The Eigel Center for Community-Engaged Learning at Xavier University, was part of the expedition and wrote about it for Soapbox Cincinnati.
Michael K. Farr, president and majority owner of investment management firm Farr, Miller & Washington LLC, is a contributor for CNBC television, and has appeared on networks and shows including “The Nightly Business Report,” CNN, BloombergTV, and Reuters. He discusses the current investment outlook with Chris DeSimio and Mark Heyne.