Economic Development

Economic Optimism Remains High in Ohio

COLUMBUS, Ohio – Optimism about Ohio’s economy remains strong among business leaders in the state, according to the latest quarterly survey by the Ohio Chamber of Commerce Research Foundation.

In the survey, 91% of business leaders said they’re optimistic about the future economic health of their business – the third straight quarter that figure has been above 90% – and 72% say they see the state’s economic climate as either excellent or good.

The survey was part of the foundation’s Prosperity Pulse index, measuring the economic health of the Buckeye State and its businesses via five indicators: profits, unemployment, unfilled openings, capital expenditures and economic optimism. The measurement came in at 139.9 for the third quarter, it highest point since it began at the start of 2017 and a 24-point jump from the second quarter.

The survey also identifies areas of concern for Ohio busiensses. The top concern remains the cost of health care, followed by the political environment and employee benefits costs.

The full Prosperity Pulse report is available here.

Published by The Business Journal, Youngstown, Ohio.