Montrose Economic Update: September 2017
American economic growth continues heading into the fourth quarter of 2017 but not at the pace hoped for. Key data points related to the current performance of the U.S. economy include the following:
- Real gross domestic product (GDP) increased at an annual rate of 3.0 percent in the second quarter of 2017, according to the “second” estimate released by the Bureau of Economic Analysis following a 1.2 percent increase in the first quarter;
- Real gross domestic product (GDP) increased in 43 states and the District of Columbia in the first quarter of 2017, according to the U.S. Bureau of Economic Analysis. Real GDP by state growth in the first quarter ranged from 3.9 percent in Texas to -4.0 percent in Nebraska (see chart below).
- In July, the Consumer Price Index for All Urban Consumers increased 0.1 percent seasonally adjusted; rising 1.7 percent over the last 12 months, not seasonally adjusted and the index for all items less food and energy rose 0.1 percent in July- up 1.7 percent over the year;
For the full article and additional economic indicators, click HERE.
On November 13 and 14, JobsOhio was honored to partner with the Air Force Life Cycle Management Center (AFLCMC) and the Dayton Development Coalition to hold AFLCMC Pitch Days at Carillon Historical Park in the Dayton region. The two-day event connected industry, venture capital and the U.S. Air Force together to facilitate support for cutting-edge technologies. These were the first Pitch Days held in Dayton, but we anticipate they will not be the last.read more
The Ohio Economic Development Institute is pleased to announced that the American Institute of Certified Planners (AICP) has approved OEDI to be an approved Certification Management (CM) provider.read more
(WILMINGTON, OHIO) The Clinton County Port Authority (Port Authority) received a Notice of Project Approval (NPA) indicating that it has successfully secured grant funds from the Ohio Department of Transportation (ODOT) FY2020 Ohio Airport Grant Program. These funds will be leveraged with Port Authority funds to complete repairs of concrete infrastructure on Taxiway A and Taxiway C, as well as replace lighted signs along Runway 22R/4L.read more