SlideShare a Scribd company logo
1 of 2
chinaarticle1-120522085607-phpapp02.doc


http://world.people.com.cn/GB/57507/17611221.html


A Regional Economy That Shows a Trend of “Rebirth”–
First Inquiry into the Economic Phenomena of Columbus,
Ohio, USA
● People’s Net journalist to the United Nations                    Xi Laiwang

April 10, 2012 at 04:56 Source: People’s Net- International Channel                          Viewing news on cell
phone


According to the United States statistics for February 2012, Ohio, located in the Midwest, has created more jobs
than any other state in the United States. In March, the state added 28,300 new jobs, while Texas added 27,900 and
New York added 24,700. Statistics at the end of the first quarter of this year show that Ohio has the lowest
unemployment rate throughout the United States, and the Columbus area in turn has the lowest unemployment rate
in Ohio. Data from various quarters show that the economy of Ohio is recovering, which is especially salient in
Columbus area, located in the heart of Ohio. Therefore, President Obama, who is at a critical stage in his reelection
campaign, came to visit Columbus area of Ohio on March 22 to cheer up its local economy.

Against the overall background of the lackluster economic recovery in the United States, why is this area able to
make an improvement? With a series of questions, this journalist from the People’s Net came to the Columbus area
of Ohio for a feature story.

During interviews, this journalist learned that the Columbus area is located in the heart of Ohio and covers 11
counties around the City of Columbus. Columbus has a diversified economic structure. Although its economy is
mainly service oriented, with education, insurance, retail, research and development, and government sectors among
the largest industries, there is no single economic and industrial sector that accounts for more than 17% of the
employed population. In Columbus, finance and insurance industries, advanced manufacturing industries,
healthcare, logistics and other industries, along with The Ohio State University and the state capital, are distributed
relatively reasonably. In the past decade, the industries that enjoy the fastest growth of workforce are health and education
sectors (an increase of 28%), transportation and utility sectors (an increase of 21%), and professional and business services
industries (an increase of 11%). The investments in the Columbus Airport to the northeast of Columbus, Richenbacker
[sic] International Airport Global Logistics Park, and other regional logistics sectors continue to grow, contributing to the
continuous growth of the transportation and utility sectors.

Ms. Deborah Scherer, global marketing director of “Columbus 2020”, a regional economic development organization of
Columbus, explained to this journalist that Columbus is a place very suitable for conducting business activities. The
logistics industry is extremely developed locally, with 3,200 logistics companies in the area, including well-known
enterprises such as DHL, and attracts more than 80,000 workers. Due to its well-developed logistics industry, this area has
become an important access to the global market.

During interviews, this journalist learned that educational background of the workforce in this area has risen faster than the
average level of the United States. In addition, it also provides a complete education network from high school to PhD
programs for logistics and supply chain. Workers can receive continued education and training through 54 local
universities. There are more than 100,000 local skilled workers in the logistics industry. Education programs at different
levels support the workforce training in this field. For example, at the high school level, Groveport Madison High School
offers an “Occupational and Technical Logistics Course”, At the vocational and technical schools level, Columbus State
Community College also offers a “Supply Chain Management” certificate training program in addition to a “Logistics
course”. At the associate degree level, Columbus State Community College offers a Bachelor of Science [sic] degree in
“Business Management: Logistics Management Direction”. At the post-graduate level, The Ohio State University offers
master’s degrees in “Business Logistics Engineering” and “Business Operations Management.”
chinaarticle1-120522085607-phpapp02.doc


In addition to the talent advantage, other costs are also conducive to the development of the logistics industry here. For
example, in the Columbus area, rent for each unit area of warehouse used for logistics business is cheaper than places such
as New Jersey, Baltimore, Houston, Pittsburgh, Chicago and Atlanta. Power consumption per unit is at the middle range in
the States, whereas the average labor cost is also lower than places like Chicago, Atlanta, Pittsburgh and Cleveland.

The area has established a world-class infrastructure, such as a multifunctional railroad. Bill Harris, vice president of the
Norfolk Southern Railroad Transportation System for government relations, said that Columbus area has a significant
advantage in geographical location. Starting from Columbus, a 10-hour drive covers 47% of the population of the United
States as well as 33% of the population of Canada. This is an excellent geographic location for doing international
business. A transportation network that comprises the Columbus international shipment airport, the Richenbacker [sic]
International Airport, and multiple local railroad transportation lines is well-developed, bringing unlimited business
opportunities for local economic development and the momentum to seek social change. According to the planning, local
transportation and warehousing industries are scheduled to grow by 22.1% between 2006 and 2016.

There are 2,000 major manufacturing companies in the Columbus area. In 2009, the manufacturing industry had more than
80,000 employees there. In 2010, the manufacturing industry contributed as much as US$ 9.1 billion to the local economic
output. Honda USA (automotive manufacturing, engineering, research and development) employed more than 10,000
people. Between 2001 and 2010, the average per capita output of the local manufacturing industry increased by 43%.
There is a large financial institution just across from the hotel where this journalist stayed: the office building of Morgan
Chase Bank [sic]. Morgan Chase Bank [sic]., which provides financial services, has nearly 20,000 employees in the
Columbus area. Major insurance companies in the area hire more than 26,000 employees. The annual economic output by
financial and related institutions in the area has reached US$ 39 billion.

Currently, the economic growth of Columbus brought about by its outstanding business resources is showing a trend of
expansion. After describing policies by the local government to promote economic development, Ms. Laula [sic] Brooks,
Commissioner of Franklin County, where Columbus is located, said proudly to this journalist: “Both numbers and many
facts show that the economy of Ohio, and especially that of the Columbus area, is recovering, and showing fundamentally
positive signs. It may be said that after experiencing a serious economic crisis, the local economy of Columbus is
experiencing a rebirth.”

Development of the local economy has driven progress of the local social cause. Accompanied by Mr. John Angelo,
Executive Director of the Business Association of Short North, this journalist walked on a shopping street that was not too
long, and saw people shopping, tasting food and beverages, and enjoying music with leisure. It is hard to imagine that this
place was once plagued by drugs and crime. After several years of thorough transformation by the authorities of
Columbus, it has now become a well-known area of high culture and art at an international level.

More Related Content

Viewers also liked

Top 10 Of Everything!!!!
Top 10 Of Everything!!!!Top 10 Of Everything!!!!
Top 10 Of Everything!!!!kashif Anwer
 
Adriana Soto. Coloquio Regiones, 2010
Adriana Soto. Coloquio Regiones, 2010Adriana Soto. Coloquio Regiones, 2010
Adriana Soto. Coloquio Regiones, 2010Pro Regiones
 
Pre Release Part 1
Pre Release Part 1Pre Release Part 1
Pre Release Part 1TonyCassidy
 
ข่าวนมัสการ และดาวเดือน
ข่าวนมัสการ และดาวเดือนข่าวนมัสการ และดาวเดือน
ข่าวนมัสการ และดาวเดือนnoomyai Mashin
 
United Health Group Consolidated Financial Statements
United Health Group Consolidated Financial StatementsUnited Health Group Consolidated Financial Statements
United Health Group Consolidated Financial Statementsfinance3
 
Bckgrnd thesis
Bckgrnd thesisBckgrnd thesis
Bckgrnd thesiscas123
 
ใบเกียรติบัตร
ใบเกียรติบัตรใบเกียรติบัตร
ใบเกียรติบัตรnoomyai Mashin
 
P. podrecki, civil law actions against restricting practices
P. podrecki, civil law actions against restricting practicesP. podrecki, civil law actions against restricting practices
P. podrecki, civil law actions against restricting practicesMichal
 

Viewers also liked (11)

221 complaint
221 complaint221 complaint
221 complaint
 
Top 10 Of Everything!!!!
Top 10 Of Everything!!!!Top 10 Of Everything!!!!
Top 10 Of Everything!!!!
 
Electricity Production Data (YAP)
Electricity Production Data (YAP)Electricity Production Data (YAP)
Electricity Production Data (YAP)
 
Non project grant aid
Non project grant aidNon project grant aid
Non project grant aid
 
Adriana Soto. Coloquio Regiones, 2010
Adriana Soto. Coloquio Regiones, 2010Adriana Soto. Coloquio Regiones, 2010
Adriana Soto. Coloquio Regiones, 2010
 
Pre Release Part 1
Pre Release Part 1Pre Release Part 1
Pre Release Part 1
 
ข่าวนมัสการ และดาวเดือน
ข่าวนมัสการ และดาวเดือนข่าวนมัสการ และดาวเดือน
ข่าวนมัสการ และดาวเดือน
 
United Health Group Consolidated Financial Statements
United Health Group Consolidated Financial StatementsUnited Health Group Consolidated Financial Statements
United Health Group Consolidated Financial Statements
 
Bckgrnd thesis
Bckgrnd thesisBckgrnd thesis
Bckgrnd thesis
 
ใบเกียรติบัตร
ใบเกียรติบัตรใบเกียรติบัตร
ใบเกียรติบัตร
 
P. podrecki, civil law actions against restricting practices
P. podrecki, civil law actions against restricting practicesP. podrecki, civil law actions against restricting practices
P. podrecki, civil law actions against restricting practices
 

Similar to People's Net article #1

City of Columbia slides 2016
City of Columbia slides 2016City of Columbia slides 2016
City of Columbia slides 2016Sergio Aparicio
 
Monthly Economic Update | July 2013
Monthly Economic Update | July 2013Monthly Economic Update | July 2013
Monthly Economic Update | July 2013One Columbus
 
Site Selection Award
Site Selection Award Site Selection Award
Site Selection Award One Columbus
 
ED411 | 2018 | Breakout Session
ED411 | 2018 | Breakout SessionED411 | 2018 | Breakout Session
ED411 | 2018 | Breakout SessionOne Columbus
 
Running head LOS ANGELES UNION STATION AS A SUSTAINABLE DEVELOPME.docx
Running head LOS ANGELES UNION STATION AS A SUSTAINABLE DEVELOPME.docxRunning head LOS ANGELES UNION STATION AS A SUSTAINABLE DEVELOPME.docx
Running head LOS ANGELES UNION STATION AS A SUSTAINABLE DEVELOPME.docxcharisellington63520
 
MSC Industrial Release
MSC Industrial ReleaseMSC Industrial Release
MSC Industrial ReleaseOne Columbus
 
Issue Issue 2 SHAPE MERGEF.docx
Issue                    Issue       2 SHAPE   MERGEF.docxIssue                    Issue       2 SHAPE   MERGEF.docx
Issue Issue 2 SHAPE MERGEF.docxchristiandean12115
 
Quarterly Economic Update | Q2 2014
Quarterly Economic Update | Q2 2014Quarterly Economic Update | Q2 2014
Quarterly Economic Update | Q2 2014One Columbus
 
People's Net article #4
People's Net article #4People's Net article #4
People's Net article #4One Columbus
 
Monthly Economic Update | February 2015
Monthly Economic Update | February 2015Monthly Economic Update | February 2015
Monthly Economic Update | February 2015One Columbus
 
Growing beyond colombia_highlights
Growing beyond colombia_highlightsGrowing beyond colombia_highlights
Growing beyond colombia_highlightsWorld Office Forum
 
China and LA County Report
China and LA County ReportChina and LA County Report
China and LA County ReportGeorge Entis
 
Economic Research Initative Issue #6 Findings and Conclusions
Economic Research Initative Issue #6 Findings and ConclusionsEconomic Research Initative Issue #6 Findings and Conclusions
Economic Research Initative Issue #6 Findings and ConclusionsLuis Nieves-Ruiz
 

Similar to People's Net article #1 (20)

City of Columbia slides 2016
City of Columbia slides 2016City of Columbia slides 2016
City of Columbia slides 2016
 
ColumbusRecruiting2
ColumbusRecruiting2ColumbusRecruiting2
ColumbusRecruiting2
 
Monthly Economic Update | July 2013
Monthly Economic Update | July 2013Monthly Economic Update | July 2013
Monthly Economic Update | July 2013
 
Barometer2016
Barometer2016Barometer2016
Barometer2016
 
Site Selection Award
Site Selection Award Site Selection Award
Site Selection Award
 
st-louis-overview-booklet
st-louis-overview-bookletst-louis-overview-booklet
st-louis-overview-booklet
 
ED411 | 2018 | Breakout Session
ED411 | 2018 | Breakout SessionED411 | 2018 | Breakout Session
ED411 | 2018 | Breakout Session
 
Running head LOS ANGELES UNION STATION AS A SUSTAINABLE DEVELOPME.docx
Running head LOS ANGELES UNION STATION AS A SUSTAINABLE DEVELOPME.docxRunning head LOS ANGELES UNION STATION AS A SUSTAINABLE DEVELOPME.docx
Running head LOS ANGELES UNION STATION AS A SUSTAINABLE DEVELOPME.docx
 
MSC Industrial Release
MSC Industrial ReleaseMSC Industrial Release
MSC Industrial Release
 
Issue Issue 2 SHAPE MERGEF.docx
Issue                    Issue       2 SHAPE   MERGEF.docxIssue                    Issue       2 SHAPE   MERGEF.docx
Issue Issue 2 SHAPE MERGEF.docx
 
Quarterly Economic Update | Q2 2014
Quarterly Economic Update | Q2 2014Quarterly Economic Update | Q2 2014
Quarterly Economic Update | Q2 2014
 
People's Net article #4
People's Net article #4People's Net article #4
People's Net article #4
 
Economic Outlook
Economic OutlookEconomic Outlook
Economic Outlook
 
Monthly Economic Update | February 2015
Monthly Economic Update | February 2015Monthly Economic Update | February 2015
Monthly Economic Update | February 2015
 
Growing beyond colombia_highlights
Growing beyond colombia_highlightsGrowing beyond colombia_highlights
Growing beyond colombia_highlights
 
LVEDC 2017 Annual Report - Lehigh Valley, Pennsylvania information
LVEDC 2017 Annual Report - Lehigh Valley, Pennsylvania informationLVEDC 2017 Annual Report - Lehigh Valley, Pennsylvania information
LVEDC 2017 Annual Report - Lehigh Valley, Pennsylvania information
 
LVEDC 2017 Annual Report
LVEDC 2017 Annual ReportLVEDC 2017 Annual Report
LVEDC 2017 Annual Report
 
DC Development Report: 2014/2015 Edition
DC Development Report: 2014/2015 EditionDC Development Report: 2014/2015 Edition
DC Development Report: 2014/2015 Edition
 
China and LA County Report
China and LA County ReportChina and LA County Report
China and LA County Report
 
Economic Research Initative Issue #6 Findings and Conclusions
Economic Research Initative Issue #6 Findings and ConclusionsEconomic Research Initative Issue #6 Findings and Conclusions
Economic Research Initative Issue #6 Findings and Conclusions
 

More from One Columbus

Labor Market Data and Workforce Tips for Employers
Labor Market Data and Workforce Tips for EmployersLabor Market Data and Workforce Tips for Employers
Labor Market Data and Workforce Tips for EmployersOne Columbus
 
Move the employee to the job or the job to the employee?
Move the employee to the job or the job to the employee?Move the employee to the job or the job to the employee?
Move the employee to the job or the job to the employee?One Columbus
 
Economic Development 101
Economic Development 101Economic Development 101
Economic Development 101One Columbus
 
DHL’s North American Headquarters – Why We Chose Westerville
DHL’s North American Headquarters – Why We Chose WestervilleDHL’s North American Headquarters – Why We Chose Westerville
DHL’s North American Headquarters – Why We Chose WestervilleOne Columbus
 
Creative Project-Centric Solutions
Creative Project-Centric SolutionsCreative Project-Centric Solutions
Creative Project-Centric SolutionsOne Columbus
 
ED411 | 2018 | Kenny McDonald
ED411 | 2018 | Kenny McDonaldED411 | 2018 | Kenny McDonald
ED411 | 2018 | Kenny McDonaldOne Columbus
 
Columbus 2020 Investor Update | April 2018 | Tom Peters
Columbus 2020 Investor Update | April 2018 | Tom PetersColumbus 2020 Investor Update | April 2018 | Tom Peters
Columbus 2020 Investor Update | April 2018 | Tom PetersOne Columbus
 
Columbus 2020 Investor Update | April 2018 | Kenny McDonald
Columbus 2020 Investor Update | April 2018 | Kenny McDonaldColumbus 2020 Investor Update | April 2018 | Kenny McDonald
Columbus 2020 Investor Update | April 2018 | Kenny McDonaldOne Columbus
 
ED411 | 2017 | John Ellis
ED411 | 2017 | John EllisED411 | 2017 | John Ellis
ED411 | 2017 | John EllisOne Columbus
 
ED411 | 2017 | Track 5: Is Your Economic Development Toolkit Current and Comp...
ED411 | 2017 | Track 5: Is Your Economic Development Toolkit Current and Comp...ED411 | 2017 | Track 5: Is Your Economic Development Toolkit Current and Comp...
ED411 | 2017 | Track 5: Is Your Economic Development Toolkit Current and Comp...One Columbus
 
ED411 | 2017 | Track 4: Redevelopment Revisited
ED411 | 2017 | Track 4: Redevelopment RevisitedED411 | 2017 | Track 4: Redevelopment Revisited
ED411 | 2017 | Track 4: Redevelopment RevisitedOne Columbus
 
ED411 | 2017 | Track 1: The Site Selection Short List
ED411 | 2017 | Track 1: The Site Selection Short ListED411 | 2017 | Track 1: The Site Selection Short List
ED411 | 2017 | Track 1: The Site Selection Short ListOne Columbus
 
ED411 | 2017 | Track 2: Technology Disruptions Impacting Economic Development
ED411 | 2017 | Track 2: Technology Disruptions Impacting Economic DevelopmentED411 | 2017 | Track 2: Technology Disruptions Impacting Economic Development
ED411 | 2017 | Track 2: Technology Disruptions Impacting Economic DevelopmentOne Columbus
 
ED411 | 2017 | Track 3: Economic Development for Newly Elected Officials
ED411 | 2017 | Track 3: Economic Development for Newly Elected OfficialsED411 | 2017 | Track 3: Economic Development for Newly Elected Officials
ED411 | 2017 | Track 3: Economic Development for Newly Elected OfficialsOne Columbus
 
Columbus 2020 Investor Update | March 2017 | Kenny McDonald
Columbus 2020 Investor Update | March 2017 | Kenny McDonaldColumbus 2020 Investor Update | March 2017 | Kenny McDonald
Columbus 2020 Investor Update | March 2017 | Kenny McDonaldOne Columbus
 
Economic Development 411 | 2016 | Taxes and Incentives
Economic Development 411 | 2016 | Taxes and IncentivesEconomic Development 411 | 2016 | Taxes and Incentives
Economic Development 411 | 2016 | Taxes and IncentivesOne Columbus
 
Economic Development 411 | 2016 | Collaboration
Economic Development 411 | 2016 | CollaborationEconomic Development 411 | 2016 | Collaboration
Economic Development 411 | 2016 | CollaborationOne Columbus
 
Economic Development 411 | 2016 | Infrastructure Fuels Growth
Economic Development 411 | 2016 | Infrastructure Fuels GrowthEconomic Development 411 | 2016 | Infrastructure Fuels Growth
Economic Development 411 | 2016 | Infrastructure Fuels GrowthOne Columbus
 
Economic Development 411 | 2016 | The Economic Development Strategic Plan
Economic Development 411 | 2016 | The Economic Development Strategic PlanEconomic Development 411 | 2016 | The Economic Development Strategic Plan
Economic Development 411 | 2016 | The Economic Development Strategic PlanOne Columbus
 
Economic Development 411 | 2016 | Cindi Marsiglio
Economic Development 411 | 2016 | Cindi MarsiglioEconomic Development 411 | 2016 | Cindi Marsiglio
Economic Development 411 | 2016 | Cindi MarsiglioOne Columbus
 

More from One Columbus (20)

Labor Market Data and Workforce Tips for Employers
Labor Market Data and Workforce Tips for EmployersLabor Market Data and Workforce Tips for Employers
Labor Market Data and Workforce Tips for Employers
 
Move the employee to the job or the job to the employee?
Move the employee to the job or the job to the employee?Move the employee to the job or the job to the employee?
Move the employee to the job or the job to the employee?
 
Economic Development 101
Economic Development 101Economic Development 101
Economic Development 101
 
DHL’s North American Headquarters – Why We Chose Westerville
DHL’s North American Headquarters – Why We Chose WestervilleDHL’s North American Headquarters – Why We Chose Westerville
DHL’s North American Headquarters – Why We Chose Westerville
 
Creative Project-Centric Solutions
Creative Project-Centric SolutionsCreative Project-Centric Solutions
Creative Project-Centric Solutions
 
ED411 | 2018 | Kenny McDonald
ED411 | 2018 | Kenny McDonaldED411 | 2018 | Kenny McDonald
ED411 | 2018 | Kenny McDonald
 
Columbus 2020 Investor Update | April 2018 | Tom Peters
Columbus 2020 Investor Update | April 2018 | Tom PetersColumbus 2020 Investor Update | April 2018 | Tom Peters
Columbus 2020 Investor Update | April 2018 | Tom Peters
 
Columbus 2020 Investor Update | April 2018 | Kenny McDonald
Columbus 2020 Investor Update | April 2018 | Kenny McDonaldColumbus 2020 Investor Update | April 2018 | Kenny McDonald
Columbus 2020 Investor Update | April 2018 | Kenny McDonald
 
ED411 | 2017 | John Ellis
ED411 | 2017 | John EllisED411 | 2017 | John Ellis
ED411 | 2017 | John Ellis
 
ED411 | 2017 | Track 5: Is Your Economic Development Toolkit Current and Comp...
ED411 | 2017 | Track 5: Is Your Economic Development Toolkit Current and Comp...ED411 | 2017 | Track 5: Is Your Economic Development Toolkit Current and Comp...
ED411 | 2017 | Track 5: Is Your Economic Development Toolkit Current and Comp...
 
ED411 | 2017 | Track 4: Redevelopment Revisited
ED411 | 2017 | Track 4: Redevelopment RevisitedED411 | 2017 | Track 4: Redevelopment Revisited
ED411 | 2017 | Track 4: Redevelopment Revisited
 
ED411 | 2017 | Track 1: The Site Selection Short List
ED411 | 2017 | Track 1: The Site Selection Short ListED411 | 2017 | Track 1: The Site Selection Short List
ED411 | 2017 | Track 1: The Site Selection Short List
 
ED411 | 2017 | Track 2: Technology Disruptions Impacting Economic Development
ED411 | 2017 | Track 2: Technology Disruptions Impacting Economic DevelopmentED411 | 2017 | Track 2: Technology Disruptions Impacting Economic Development
ED411 | 2017 | Track 2: Technology Disruptions Impacting Economic Development
 
ED411 | 2017 | Track 3: Economic Development for Newly Elected Officials
ED411 | 2017 | Track 3: Economic Development for Newly Elected OfficialsED411 | 2017 | Track 3: Economic Development for Newly Elected Officials
ED411 | 2017 | Track 3: Economic Development for Newly Elected Officials
 
Columbus 2020 Investor Update | March 2017 | Kenny McDonald
Columbus 2020 Investor Update | March 2017 | Kenny McDonaldColumbus 2020 Investor Update | March 2017 | Kenny McDonald
Columbus 2020 Investor Update | March 2017 | Kenny McDonald
 
Economic Development 411 | 2016 | Taxes and Incentives
Economic Development 411 | 2016 | Taxes and IncentivesEconomic Development 411 | 2016 | Taxes and Incentives
Economic Development 411 | 2016 | Taxes and Incentives
 
Economic Development 411 | 2016 | Collaboration
Economic Development 411 | 2016 | CollaborationEconomic Development 411 | 2016 | Collaboration
Economic Development 411 | 2016 | Collaboration
 
Economic Development 411 | 2016 | Infrastructure Fuels Growth
Economic Development 411 | 2016 | Infrastructure Fuels GrowthEconomic Development 411 | 2016 | Infrastructure Fuels Growth
Economic Development 411 | 2016 | Infrastructure Fuels Growth
 
Economic Development 411 | 2016 | The Economic Development Strategic Plan
Economic Development 411 | 2016 | The Economic Development Strategic PlanEconomic Development 411 | 2016 | The Economic Development Strategic Plan
Economic Development 411 | 2016 | The Economic Development Strategic Plan
 
Economic Development 411 | 2016 | Cindi Marsiglio
Economic Development 411 | 2016 | Cindi MarsiglioEconomic Development 411 | 2016 | Cindi Marsiglio
Economic Development 411 | 2016 | Cindi Marsiglio
 

People's Net article #1

  • 1. chinaarticle1-120522085607-phpapp02.doc http://world.people.com.cn/GB/57507/17611221.html A Regional Economy That Shows a Trend of “Rebirth”– First Inquiry into the Economic Phenomena of Columbus, Ohio, USA ● People’s Net journalist to the United Nations Xi Laiwang April 10, 2012 at 04:56 Source: People’s Net- International Channel Viewing news on cell phone According to the United States statistics for February 2012, Ohio, located in the Midwest, has created more jobs than any other state in the United States. In March, the state added 28,300 new jobs, while Texas added 27,900 and New York added 24,700. Statistics at the end of the first quarter of this year show that Ohio has the lowest unemployment rate throughout the United States, and the Columbus area in turn has the lowest unemployment rate in Ohio. Data from various quarters show that the economy of Ohio is recovering, which is especially salient in Columbus area, located in the heart of Ohio. Therefore, President Obama, who is at a critical stage in his reelection campaign, came to visit Columbus area of Ohio on March 22 to cheer up its local economy. Against the overall background of the lackluster economic recovery in the United States, why is this area able to make an improvement? With a series of questions, this journalist from the People’s Net came to the Columbus area of Ohio for a feature story. During interviews, this journalist learned that the Columbus area is located in the heart of Ohio and covers 11 counties around the City of Columbus. Columbus has a diversified economic structure. Although its economy is mainly service oriented, with education, insurance, retail, research and development, and government sectors among the largest industries, there is no single economic and industrial sector that accounts for more than 17% of the employed population. In Columbus, finance and insurance industries, advanced manufacturing industries, healthcare, logistics and other industries, along with The Ohio State University and the state capital, are distributed relatively reasonably. In the past decade, the industries that enjoy the fastest growth of workforce are health and education sectors (an increase of 28%), transportation and utility sectors (an increase of 21%), and professional and business services industries (an increase of 11%). The investments in the Columbus Airport to the northeast of Columbus, Richenbacker [sic] International Airport Global Logistics Park, and other regional logistics sectors continue to grow, contributing to the continuous growth of the transportation and utility sectors. Ms. Deborah Scherer, global marketing director of “Columbus 2020”, a regional economic development organization of Columbus, explained to this journalist that Columbus is a place very suitable for conducting business activities. The logistics industry is extremely developed locally, with 3,200 logistics companies in the area, including well-known enterprises such as DHL, and attracts more than 80,000 workers. Due to its well-developed logistics industry, this area has become an important access to the global market. During interviews, this journalist learned that educational background of the workforce in this area has risen faster than the average level of the United States. In addition, it also provides a complete education network from high school to PhD programs for logistics and supply chain. Workers can receive continued education and training through 54 local universities. There are more than 100,000 local skilled workers in the logistics industry. Education programs at different levels support the workforce training in this field. For example, at the high school level, Groveport Madison High School offers an “Occupational and Technical Logistics Course”, At the vocational and technical schools level, Columbus State Community College also offers a “Supply Chain Management” certificate training program in addition to a “Logistics course”. At the associate degree level, Columbus State Community College offers a Bachelor of Science [sic] degree in “Business Management: Logistics Management Direction”. At the post-graduate level, The Ohio State University offers master’s degrees in “Business Logistics Engineering” and “Business Operations Management.”
  • 2. chinaarticle1-120522085607-phpapp02.doc In addition to the talent advantage, other costs are also conducive to the development of the logistics industry here. For example, in the Columbus area, rent for each unit area of warehouse used for logistics business is cheaper than places such as New Jersey, Baltimore, Houston, Pittsburgh, Chicago and Atlanta. Power consumption per unit is at the middle range in the States, whereas the average labor cost is also lower than places like Chicago, Atlanta, Pittsburgh and Cleveland. The area has established a world-class infrastructure, such as a multifunctional railroad. Bill Harris, vice president of the Norfolk Southern Railroad Transportation System for government relations, said that Columbus area has a significant advantage in geographical location. Starting from Columbus, a 10-hour drive covers 47% of the population of the United States as well as 33% of the population of Canada. This is an excellent geographic location for doing international business. A transportation network that comprises the Columbus international shipment airport, the Richenbacker [sic] International Airport, and multiple local railroad transportation lines is well-developed, bringing unlimited business opportunities for local economic development and the momentum to seek social change. According to the planning, local transportation and warehousing industries are scheduled to grow by 22.1% between 2006 and 2016. There are 2,000 major manufacturing companies in the Columbus area. In 2009, the manufacturing industry had more than 80,000 employees there. In 2010, the manufacturing industry contributed as much as US$ 9.1 billion to the local economic output. Honda USA (automotive manufacturing, engineering, research and development) employed more than 10,000 people. Between 2001 and 2010, the average per capita output of the local manufacturing industry increased by 43%. There is a large financial institution just across from the hotel where this journalist stayed: the office building of Morgan Chase Bank [sic]. Morgan Chase Bank [sic]., which provides financial services, has nearly 20,000 employees in the Columbus area. Major insurance companies in the area hire more than 26,000 employees. The annual economic output by financial and related institutions in the area has reached US$ 39 billion. Currently, the economic growth of Columbus brought about by its outstanding business resources is showing a trend of expansion. After describing policies by the local government to promote economic development, Ms. Laula [sic] Brooks, Commissioner of Franklin County, where Columbus is located, said proudly to this journalist: “Both numbers and many facts show that the economy of Ohio, and especially that of the Columbus area, is recovering, and showing fundamentally positive signs. It may be said that after experiencing a serious economic crisis, the local economy of Columbus is experiencing a rebirth.” Development of the local economy has driven progress of the local social cause. Accompanied by Mr. John Angelo, Executive Director of the Business Association of Short North, this journalist walked on a shopping street that was not too long, and saw people shopping, tasting food and beverages, and enjoying music with leisure. It is hard to imagine that this place was once plagued by drugs and crime. After several years of thorough transformation by the authorities of Columbus, it has now become a well-known area of high culture and art at an international level.