This document outlines Columbus' economic development vision and progress to date:
- By 2020, Columbus aimed to be a fast-growing, innovative regional economy led by emerging industries and talent.
- The Columbus 2020 initiative exceeded its goals by attracting over 45,000 jobs and $1.77B in payroll from 2018 projects.
- Columbus has experienced some of the fastest private sector job, population, and GDP growth among Midwest cities.
- Looking ahead, a new long-term regional strategy will focus on sustaining economic momentum, realizing innovation potential, and ensuring inclusive prosperity. Business and community input will help define new goals.
Monthly Economic Update | February 2015One Columbus
The Columbus Region Monthly Economic Update reports on the job growth progress of Columbus 2020 and its local and regional partners. This update also features the successes of: BriskHeat, a global manufacturer that is creating 103 new jobs; The Superior Die, Tool & Machine Company, which is creating 35 new jobs; and Coyote Logistics, one of the most innovative third-party logistics service providers in North America that is creating 50 new jobs.
The Columbus Region Monthly Economic Update reports on the job growth progress of Columbus 2020 and its local and regional partners. This update also features the successes of: Alliance Data Retail Systems, one of the nation's leading providers of branded credit card programs, that will add 700 high-paying positions; Pier 1 Imports, which will open an e-commerce fulfillment center to complement its existing Columbus Region distribution center and add 165 new jobs; and Crimson Cup Coffee & Tea, which plans to double its workforce to 40 and expand into a second facility.
Five up and coming real estate markets for 2016JLL
Demand for office space is rising in five up and coming real estate markets, where costs are affordable and talent is strong. See more at http://bit.ly/1RJlmOU
With the economy growing at its fastest pace in the current cycle, employers across industries are adding jobs, especially in urban and dense markets where talent is migrating. As a result, expansionary activity remained the dominant driver of leasing in the third quarter, accounting for 57.9 percent of lease transactions.
February 2016 U.S. employment update and outlook JLL
The labor market recorded a soft opening to 2016, adding only 151,000 new jobs, although unemployment fell below 5.0 percent for the first time since 2008.
Monthly Economic Update | February 2015One Columbus
The Columbus Region Monthly Economic Update reports on the job growth progress of Columbus 2020 and its local and regional partners. This update also features the successes of: BriskHeat, a global manufacturer that is creating 103 new jobs; The Superior Die, Tool & Machine Company, which is creating 35 new jobs; and Coyote Logistics, one of the most innovative third-party logistics service providers in North America that is creating 50 new jobs.
The Columbus Region Monthly Economic Update reports on the job growth progress of Columbus 2020 and its local and regional partners. This update also features the successes of: Alliance Data Retail Systems, one of the nation's leading providers of branded credit card programs, that will add 700 high-paying positions; Pier 1 Imports, which will open an e-commerce fulfillment center to complement its existing Columbus Region distribution center and add 165 new jobs; and Crimson Cup Coffee & Tea, which plans to double its workforce to 40 and expand into a second facility.
Five up and coming real estate markets for 2016JLL
Demand for office space is rising in five up and coming real estate markets, where costs are affordable and talent is strong. See more at http://bit.ly/1RJlmOU
With the economy growing at its fastest pace in the current cycle, employers across industries are adding jobs, especially in urban and dense markets where talent is migrating. As a result, expansionary activity remained the dominant driver of leasing in the third quarter, accounting for 57.9 percent of lease transactions.
February 2016 U.S. employment update and outlook JLL
The labor market recorded a soft opening to 2016, adding only 151,000 new jobs, although unemployment fell below 5.0 percent for the first time since 2008.
Top tech cities: Exploring demand, leasing growth, VC funding and more JLL
See what’s going on in America’s top tech markets, and some key trends we’re seeing nationwide. In this presentation, we explore tech leasing growth, tech company demand in key markets and submarkets (and its impact on office rental rates), where to find the best opportunity for VC funding and more.
Visit http://bit.ly/1Sg3RSN for more on what’s happening in today’s tech markets nationwide.
The DC Doing Business Guide is an updated and improved version of the previous
edition released in 2012. The new guide covers information essential to relocating,
starting and expanding your business in the District of Columbia. Topics covered include Business Registration & Licensing, Business Financing & Taxes, Financial Incentives, Starting a Franchise, Technology Company Resource Guide and Doing Business with Local & Federal Government, among others. The 2014/2015 edition was released in August 2014.
Minneapolis–St. Employment Update | March 2016Carolyn Bates
Minneapolis-St. Paul’s unemployment rose to 3.9 percent, according to the most recent estimates available from the BLS. Although still 100 basis points lower than the national rate, this month is the first time since July 2015 that the metro unemployment rate is higher than the state of Minnesota’s.
Industrial sectors were responsible for 26.7 percent of the 12-month total employment growth, outperforming office-using sectors which saw 19.6 percent of total growth. Trade, transportation, and utilities added 3,200 jobs year-over-year and drove the bulk of industrial growth throughout 2015.
Although national year-to-date figures are down compared to 2015, January saw significant upward revisions to 172,000 jobs, improving the year’s initial performance. Despite global tensions and economic shifts, the U.S. economy seems to be holding its own, although certain sectors such as energy and trade could be impacted by fluctuations in domestic and international demand.
U.S. office market trends and outlook (Q1 2016) JLL
Outlooks leading into the new year called for further expansion across U.S. office markets. However, stock market tumbles driven by a weakening China and depleted oil prices shifted sentiment from that of a growth perspective to one of increased caution. Despite this, economic and real estate fundamentals remain primarily landlord-favorable through the remainder of 2016.
Learn more, and see market-by-market comparisons, at http://bit.ly/1qrZZGm
Minneapolis–St. Paul Employment Update | September 2016Carolyn Bates
Minneapolis-St. Paul has the second-lowest unemployment rate in the nation among all large metros, according to the most recent BLS estimates.
Financial services has reached its largest-ever employment count in MSP. The sector has seen steady gains since 2010 and even surpassed pre-Recession highs earlier this year. And once again, MSP achieved record-breaking employment totals for professional and business services, a fundamental component to the metro’s economic growth. Nearly 6,000 jobs have been added in the industry year-over-year.
Nationwide, 151,000 net new jobs were created in August, falling below the 250,000+ monthly additions over the previous two months. Although still at average levels of growth, August demonstrated the continued volatility of the labor market in 2016. Unemployment remained stable at 4.9 percent as growth in the workforce has aligned with employment gains. The Federal Reserve is likely to hold off on the next rate hike due to inconsistent monthly additions and weaker-than-expected wage growth.
Construction starts were up in 2014, driven largely by the office and industrial sectors in energy-producing markets, as well as traditional office markets like New York. Even as demand explodes, though, the cost to build is higher than ever thanks to the continued increase in labor and materials costs.
Demand for large retail space has declined as more consumers shop online. Much of the growth in the industrial sector, in fact, is to meet growing demand for shipping and warehousing space.
The Construction Backlog Index is high, indicating that 2015 will be a big year for construction. Industry unemployment rates remain high, so there is large potential employment pool to meet demand. In addition, we expect materials costs to drop.
Due to dropping oil prices, one sector that may see a construction decline in 2015 is energy. This will greatly impact Houston in particular, as it was a hub of construction activity last year.
The DC Development Report is a summary of the major development and construction projects in the District of Columbia. The Washington, DC Economic Partnership (WDCEP) began tracking development activity in 2001 with the hope of creating a comprehensive database that would answer a number of questions in regards to the construction activity in the city. The Report summarizes our entire database of projects, highlights major projects and what lies ahead for development in the District of Columbia.
This update of the DC Development Report is an overview of development activity and of the expansion occurring in DC. As a resource book, it is a compilation of nearly 14 years of data collection and research that provides an overview of an ever-changing development and construction cycle.
The WDCEP performs an annual “development census” in the month of September and receives contributions from more than 100 developers, architects, contractors and economic development organizations. This outreach results in updates to more than 350 projects. While our database of projects is constantly being updated, for the purposes of this publication all data reflects project status, design and information as of September 2014.
In 2014 the WDCEP partnered with CBRE to provide an economic overview of DC and in-depth analysis of the office, retail and residential markets. Although every attempt was made to ensure the quality of the information contained in this document, the WDCEP and CBRE makes no warranty or guarantee as to its accuracy, completeness or usefulness for any given purpose.
An in depth look at how residential demand, corporate growth, and development activity sparked the resurgence of
downtowns across the Great Lakes region.
Other cities of Asia like Ho Chi Min and Yangun will challenge Dhaka due to absence of viable spatial policies like physical or spatial planning, since the policy makers in those cities are investing and reforming their rules and regulations. Bangladesh should develop other cities like Chittagong, Rajshahi, Khulna, Barishal, Rangpuretc to face the new challenge of other cities of Asia.
U.S. employment showed a healthy return to growth in February with 242,000 net new jobs. Unemployment remained at 4.9 percent, but total unemployment dropped to just 9.7 percent—the lowest rate since before the recession.
The Columbus Region Monthly Economic Update reports on the job growth progress of Columbus 2020 and its local and regional partners. This update also features the successes of: Bocchi Laboratories, a California-based manufacturer that is opening a new facility in New Albany's International Beauty Campus that will create 300 jobs; Homage, a vintage-inspired apparel retailer that will consolidate and expand its Columbus headquarters and distribution operations; and Heritage Cooperative, which is investing $35 million in Union County to add a 277-acre agricultural campus and research farm.
Top tech cities: Exploring demand, leasing growth, VC funding and more JLL
See what’s going on in America’s top tech markets, and some key trends we’re seeing nationwide. In this presentation, we explore tech leasing growth, tech company demand in key markets and submarkets (and its impact on office rental rates), where to find the best opportunity for VC funding and more.
Visit http://bit.ly/1Sg3RSN for more on what’s happening in today’s tech markets nationwide.
The DC Doing Business Guide is an updated and improved version of the previous
edition released in 2012. The new guide covers information essential to relocating,
starting and expanding your business in the District of Columbia. Topics covered include Business Registration & Licensing, Business Financing & Taxes, Financial Incentives, Starting a Franchise, Technology Company Resource Guide and Doing Business with Local & Federal Government, among others. The 2014/2015 edition was released in August 2014.
Minneapolis–St. Employment Update | March 2016Carolyn Bates
Minneapolis-St. Paul’s unemployment rose to 3.9 percent, according to the most recent estimates available from the BLS. Although still 100 basis points lower than the national rate, this month is the first time since July 2015 that the metro unemployment rate is higher than the state of Minnesota’s.
Industrial sectors were responsible for 26.7 percent of the 12-month total employment growth, outperforming office-using sectors which saw 19.6 percent of total growth. Trade, transportation, and utilities added 3,200 jobs year-over-year and drove the bulk of industrial growth throughout 2015.
Although national year-to-date figures are down compared to 2015, January saw significant upward revisions to 172,000 jobs, improving the year’s initial performance. Despite global tensions and economic shifts, the U.S. economy seems to be holding its own, although certain sectors such as energy and trade could be impacted by fluctuations in domestic and international demand.
U.S. office market trends and outlook (Q1 2016) JLL
Outlooks leading into the new year called for further expansion across U.S. office markets. However, stock market tumbles driven by a weakening China and depleted oil prices shifted sentiment from that of a growth perspective to one of increased caution. Despite this, economic and real estate fundamentals remain primarily landlord-favorable through the remainder of 2016.
Learn more, and see market-by-market comparisons, at http://bit.ly/1qrZZGm
Minneapolis–St. Paul Employment Update | September 2016Carolyn Bates
Minneapolis-St. Paul has the second-lowest unemployment rate in the nation among all large metros, according to the most recent BLS estimates.
Financial services has reached its largest-ever employment count in MSP. The sector has seen steady gains since 2010 and even surpassed pre-Recession highs earlier this year. And once again, MSP achieved record-breaking employment totals for professional and business services, a fundamental component to the metro’s economic growth. Nearly 6,000 jobs have been added in the industry year-over-year.
Nationwide, 151,000 net new jobs were created in August, falling below the 250,000+ monthly additions over the previous two months. Although still at average levels of growth, August demonstrated the continued volatility of the labor market in 2016. Unemployment remained stable at 4.9 percent as growth in the workforce has aligned with employment gains. The Federal Reserve is likely to hold off on the next rate hike due to inconsistent monthly additions and weaker-than-expected wage growth.
Construction starts were up in 2014, driven largely by the office and industrial sectors in energy-producing markets, as well as traditional office markets like New York. Even as demand explodes, though, the cost to build is higher than ever thanks to the continued increase in labor and materials costs.
Demand for large retail space has declined as more consumers shop online. Much of the growth in the industrial sector, in fact, is to meet growing demand for shipping and warehousing space.
The Construction Backlog Index is high, indicating that 2015 will be a big year for construction. Industry unemployment rates remain high, so there is large potential employment pool to meet demand. In addition, we expect materials costs to drop.
Due to dropping oil prices, one sector that may see a construction decline in 2015 is energy. This will greatly impact Houston in particular, as it was a hub of construction activity last year.
The DC Development Report is a summary of the major development and construction projects in the District of Columbia. The Washington, DC Economic Partnership (WDCEP) began tracking development activity in 2001 with the hope of creating a comprehensive database that would answer a number of questions in regards to the construction activity in the city. The Report summarizes our entire database of projects, highlights major projects and what lies ahead for development in the District of Columbia.
This update of the DC Development Report is an overview of development activity and of the expansion occurring in DC. As a resource book, it is a compilation of nearly 14 years of data collection and research that provides an overview of an ever-changing development and construction cycle.
The WDCEP performs an annual “development census” in the month of September and receives contributions from more than 100 developers, architects, contractors and economic development organizations. This outreach results in updates to more than 350 projects. While our database of projects is constantly being updated, for the purposes of this publication all data reflects project status, design and information as of September 2014.
In 2014 the WDCEP partnered with CBRE to provide an economic overview of DC and in-depth analysis of the office, retail and residential markets. Although every attempt was made to ensure the quality of the information contained in this document, the WDCEP and CBRE makes no warranty or guarantee as to its accuracy, completeness or usefulness for any given purpose.
An in depth look at how residential demand, corporate growth, and development activity sparked the resurgence of
downtowns across the Great Lakes region.
Other cities of Asia like Ho Chi Min and Yangun will challenge Dhaka due to absence of viable spatial policies like physical or spatial planning, since the policy makers in those cities are investing and reforming their rules and regulations. Bangladesh should develop other cities like Chittagong, Rajshahi, Khulna, Barishal, Rangpuretc to face the new challenge of other cities of Asia.
U.S. employment showed a healthy return to growth in February with 242,000 net new jobs. Unemployment remained at 4.9 percent, but total unemployment dropped to just 9.7 percent—the lowest rate since before the recession.
The Columbus Region Monthly Economic Update reports on the job growth progress of Columbus 2020 and its local and regional partners. This update also features the successes of: Bocchi Laboratories, a California-based manufacturer that is opening a new facility in New Albany's International Beauty Campus that will create 300 jobs; Homage, a vintage-inspired apparel retailer that will consolidate and expand its Columbus headquarters and distribution operations; and Heritage Cooperative, which is investing $35 million in Union County to add a 277-acre agricultural campus and research farm.
The Columbus Region Monthly Economic Update reports on the job growth progress of Columbus 2020 and its local and regional partners. This update also features the successes of: Hirschvogel Automotive Group, one of the world's largest automotive suppliers in the area of steel and aluminum forging and machining which is adding 37 new jobs in a $50 million investment; theLab, a creative production agency that is adding 10 new jobs; and Velvet Ice Cream, which is adding six new jobs.
The Columbus Region Monthly Economic Update reports on the job growth progress of Columbus 2020 and its local and regional partners. This update also features the successes of: Information Control Company, a nationally recognized lead provider of enterprise technology solutions that will add 100 new jobs; ELOQUII, a contemporary women's apparel retailer that will expand its Columbus presence by 40 new jobs; and Beam Technologies, a data-drien startup that will relocate its headquarters to Columbus after a $5 million investment from Drive Capital.
The Columbus Region Monthly Economic Update reports on the job growth progress of Columbus 2020 and its local and regional partners. This update also features the successes of: zulily, a fast-growing e-commerce retail company that will add 900 new call center positions, making Columbus the company's largest concentration of employment; MPW Industrial Services, a leading provider of technology-based industrial cleaning, facility management, water purification and container management services, which is adding 25 new jobs and investing $4.4 million; and ReConserve of Ohio, a leading waste removal service and recycler of food byproducts that will invest $9.1 million while adding 16 new jobs.
Kenny McDonald, president and chief economic officer of Columbus 2020, shares the latest economic progress in the Columbus Region and provides context with national and global trends.
Monthly Economic Update | September 2014One Columbus
The Columbus Region Monthly Economic Update reports on the job growth progress of Columbus 2020 and its local and regional partners. This update also features the successes of: Columbus Castings, the largest steel foundry in North America which is adding 550 new jobs; CoverMyMeds, one of the fastest growing healthcare technology companies in the U.S. which is adding 100 jobs; and Nautilus, a leading developer, manufacturer and marketer of health and fitness products which will open a new distribution center and add 40 jobs.
The Columbus Region Monthly Economic Update reports on the job growth progress of Columbus 2020 and its local and regional partners. This update also features the successes of: CWI Gifts and Crafts, a wholesale supplier that is adding 10 new jobs; The Krema Group Limited Partnership, the oldest peanut butter company in the U.S., which is adding five new jobs; and Aspen Energy, one of the largest energy consultation firms in the U.S., which is adding 45 new jobs.
Monthly Economic Update | October 2014One Columbus
The Columbus Region Monthly Economic Update reports on the job growth progress of Columbus 2020 and its local and regional partners. This update also features the successes of: Stanley Electric, an automotive supplier that is creating 150 new jobs; Sage Sustainable Electronics, which is creating 50 new jobs at its new headquarters and processing center; and Lubrication Specialties, which is creating 20 new jobs at its office, manufacturing, R&D and warehouse facility.
Support for small businesses: Identifying the needs of minority-owned firms -...OECD CFE
Robin Newberger, Senior Business Economist, Community Development and Policy Studies, Federal Reserve Bank of Chicago, US at the OECD Conference on SMEs and the Urban Fabric, 15-16 April 2019, OECD Trento Centre, Italy.
Full event info: https://oe.cd/SMEs-Cities
Brazil Digital Report: a first-edition dossier on the Brazilian digital economy. A comprehensive report on trends and facts for investors, public and private institutions, entrepreneurs, executives, students, and for digital savvy people who are curious about Brazil.
https://www.brazilatsiliconvalley.com/
Brazil Digital Report - 1st Edition By McKinsey & Company and Brazil at Silic...Ana Lucia Amaral
An amazing initiative by McKinsey and Brazil at Silicon Valley: A report that presents an overview of Brazil’s economy, including its innovation, digital and entrepreneurial landscape. Source: https://www.brazilatsiliconvalley.com/brazil-digital-report
#BSV19
Brazil Digital Report - 1st Edition
A first-edition dossier on the Brazilian digital economy
April 8th, 2019
The Report
A comprehensive 191-page report on the Brazilian digital economy, including macroeconomic indicators, Internet trends, investment facts, and data on the overall entrepreneurship and innovation landscape.
The Audience
This report is intended for all those who can play a part in driving the innovation agenda in the country – entrepreneurs, investors, public and private institutions, global business leaders, as well as digital savvy people who are curious about Brazil.
The Methodology
This is a curated compilation of public information and selected proprietary McKinsey data. We aspire to revise it annually with fresh data in order to tell the ongoing story of Brazil’s digital and innovation evolution.
Acknowledgments
McKinsey thanks the support it has received from Brazil at Silicon Valley, a student-led movement that started at Stanford University and whose mission is to improve Brazil’s competitiveness and global relevance through technology and innovation.
Columbus 2020 Investor Update | April 2018 | Tom PetersOne Columbus
Tom Peters, author of The Excellence Dividend: Meeting the Tech Tide with Work That Wows and Jobs That Last, shared insights from his book and how they be applied in the Columbus Region.
Kenny McDonald, president and chief economic officer of Columbus 2020, shares the latest economic progress in the Columbus Region and what's on his mind that will impact that Region's economy.
Economic Development 411 | 2016 | Cindi MarsiglioOne Columbus
Cindi Marsiglio is Vice President of US Manufacturing at Walmart. She is responsible for delivering Walmart’s $250 billion commitment towards additional US manufacturing over ten years. In that role she leads across the Walmart business to facilitate opportunities with current and new suppliers and accelerate making US made goods available to Walmart customers.
Columbus 2020 Investor Update | October 2016 | SME Presentation and PanelistsOne Columbus
Jon Aram, CEO of Next Street, presented on small- and mid-sized (SME) manufacturers.
A panel discussion followed and featured representatives from three industry leaders in manufacturing and innovation: Jon Aram, CEO, Next Street; Michael Ulbrich, President of NY Operations, EWI; Kevin Boes, President and CEO, LISC's New Markets Support Company
The Rise of Generative AI in Finance: Reshaping the Industry with Synthetic DataChampak Jhagmag
In this presentation, we will explore the rise of generative AI in finance and its potential to reshape the industry. We will discuss how generative AI can be used to develop new products, combat fraud, and revolutionize risk management. Finally, we will address some of the ethical considerations and challenges associated with this powerful technology.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the what'sapp number of my personal pi merchant who i trade pi with.
Message: +12349014282 VIA Whatsapp.
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the what's app number of my personal pi vendor to trade with.
+12349014282
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the what'sapp contact of my personal pi vendor
+12349014282
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the what'sapp contact of my personal vendor.
+12349014282
#pi network #pi coins #legit #passive income
#US
2. A NEW VISION
In 2020, Columbus will be recognized as a vibrant and
successful region where emerging innovation, thriving
talent, and a collaborative culture generate one of the
fastest growing economies in the nation and one of the
nation’s leaders in economic development.
A NEW RESPONSIBILITY
We have an opportunity - and an obligation - to be the best
we can be, to create a region in which future generations
can prosper.
3. Shared community vision and goals
First truly integrated strategy
Goals and clear metrics to track progress
Dedicated leadership that will drive economic development strategies
and results
Transparency and accountability for results
Significant increase in both the financial and professional resources
dedicated to executing our strategic vision
A changed mindset – failure is not an option
WE WILL SUCCEED
A DIFFERENT APPROACH
COLUMBUS 2020! IS SIGNIFICANTLY DIFFERENT THAN ANY PAST INITIATIVE
6. Completed over 520 projects
Attracted 180 new companies to our region
Assisted 386 existing companies to expand
Over 45,500 direct jobs
$1.77B payroll in our region
7. THE MOMENTUM CONTINUES - 2018
With 5,027 new jobs committed in 2018 to
date, and an anticipated 2,675 new jobs to
be committed the rest of the year, the
Columbus Region will exceed the previous
high of 6,112 in 2015. In 2018, 7,702 jobs
and $1.6 billion in fixed investment.
Columbus 2020 completed a project in all
11 counties in 2018.
Average project size, in terms of jobs
committed, is double that of previous
years.
122
78 75 80 77
65
81
167
2011 2012 2013 2014 2015 2016 2017 2018
Jobs Committed per Projects
Source: Columbus 2020, A/B projects. *2018 figures based on wins through November and anticipated wins to close during December.
8. THE MOMENTUM CONTINUES
CAPITAL
INVESTMENT
NET
NEW JOBS
PER CAPITA
INCOME
Goal: 150,000 net new jobs Goal: $8B Goal: 30%
Met: March 2018 Met: July 2017 Current: 28.5%
Sources: Bureau of Labor Statistics, LAUS, seasonally adjusted by Columbus 2020; Columbus 2020; Bureau of Economic Analysis, 2010-2017
9. FASTEST JOB GROWTH
Source: Bureau of Labor Statistics, State and Area Employment, annual averages
Private sector job growth from 2010 to 2017, top 10 major Midwest metros
19.0%
18.5%
15.5%
14.5%
13.3%
12.8%
9.8%
8.0%
6.2%
Columbus
Detroit
Indianapolis
Minneapolis
Kansas City
Cincinnati
Chicago
St. Louis
Cleveland
Pittsburgh
Columbus
Columbus ranks
No. 17
among similarly sized U.S.
metros for job growth
20.5%
10. FASTEST POPULATION GROWTH
Source: U.S. Census Bureau, Population Estimates, 2017
7.3%
7.2%
5.7%
2.9%
0.7%
0.6%
0.5%
-0.8%
-1.0%
Columbus
Minneapolis
Indianapolis
Kansas City
Cincinnati
Chicago
St. Louis
Detroit
Cleveland
Pittsburgh
Population growth from 2010 to 2017, top 10 major Midwest metros
Columbus ranks
No. 13
among similarly sized U.S.
metros for population growth
Columbus 9.0%
11. FASTEST GDP GROWTH
Source: U.S. Bureau of Economic Analysis, Real GDP, 2010-2017
Real GDP growth from 2010 to 2017, top 10 major Midwest metros
17.1%
16.2%
15.5%
15.4%
12.7%
11.6%
11.6%
11.6%
4.1%
Columbus
Pittsburgh
Detroit
Minneapolis
Cleveland
Cincinnati
Chicago
Indianapolis
Kansas City
St. Louis
Columbus 24.4%
Columbus ranks
No. 8
among similarly sized U.S.
metros for GDP growth
12. TOP 10 IN U.S. FOR MILLENNIALS
Source: U.S. Census Bureau, American Community Survey 2017
Percent of population age 25 to 34, large metro areas (1M+ population)
17.3%
16.7%
16.6%
16.5%
16.3%
16.3%
16.0%
15.7%
15.3%
Austin
Seattle
Denver
San Diego
Salt Lake City
San Francisco
San Jose
Los Angeles
Columbus
Nashville
Columbus 15.7%
13. Migration between Franklin County and other core counties, 2005 - 2016
TALENT ATTRACTION & RETENTION
Sources: Internal Revenue Service; LinkedIn data analyzed October 6 of 2016 and 2018, profiles of people who finished school in 2014 or 2015, <2 years
of work experience (Oct 2016 snapshot), and those who finished school in 2016 or 2017, <2 years of work experience (Oct 2018 snapshot)
0
1000
05 06 07 08 09 10 11 12 13 14 15 16
NYC (Bronx, Brooklyn, Manhattan,
Queens)
0
25
50
75
100
125
150
05 06 07 08 09 10 11 12 13 14 15 16
Washington DC
0
50
100
150
200
250
05 06 07 08 09 10 11 12 13 14 15 16
Nashville (Davidson)
Percent of recent graduates in Columbus area
46%
81%
17%
56%
4%
30%
62%
66%
48%
65%
51%
51%
82%
47%
86%
50%
83%
17%
54%
11%
34%
63%
62%
70%
61%
42%
56%
83%
55%
83%
The Ohio State University
Columbus State Community College
Denison University
Franklin University
Kenyon College
Ohio Wesleyan University
Capital University
Otterbein University
Columbus College of Art & Design
Ohio Dominican University
Ohio Christian University
Mount Vernon Nazarene University
Central Ohio Technical College (COTC)
Marion Technical College
Ohio University - Lancaster
Oct 2016 snapshot Oct 2018 snapshotInbound to Franklin County Outbound from Franklin County
(tax exemption flows)
14. HIGH GROWTH NEW ENTERPRISES
Root
Pillar
Columbus is a top
metropolitan area for
ENTREPRENEURIAL
VITALITY.
Kauffman Foundation, 2017
“
15. Wendy’s
Smart Columbus
Ohio University, DublinCardinal HealthTRC
Nationwide Children’s
VEHICLES FOR INNOVATION
The Ohio State UniversityThe Point at Otterbein
16. Big Lots
Sofidel
Amazon Data Center
Alliance Data
Facebook Data Center
711 N. High Street
BILLIONS INVESTED IN NEW FACILITIES
Bridge Street
17.
18. Columbus is a
TOP 10 METRO
for economic
development
Site Selection Magazine
“ Columbus is
named city of
the year
Smart Cities Dive
“
Columbus No. 8
in the US for
population growth
Census Bureau
“
Columbus is the
No. 1 rising city
for startups
Forbes
“
Columbus is best
city in America for
tech workers
Smart Asset
“
Columbus isn’t the
next business
destination, it’s
already happening
Inc.
“
Columbus named
a top 20 finalist for
Amazon’s HQ2
ABC
“Columbus, Ohio
is booming but
will it last?
Forbes
“
COLUMBUS HEADLINES
19.
20. You never change things by
fighting the existing reality.
To change something, build a
new model that makes the
existing model obsolete.
SO NOW WHAT?
21. 60
business leaders
LEADERSHIP ASSESSMENT SUMMARY
From 45
organizations
Representing 22
industry sectors
participated in the Columbus 2020 leadership
assessment process
SPRING 2018
22. STAKEHOLDER GROUP DISCUSSIONS
SUMMER 2018
We met with 175+ business leaders and Board members
representing 17industry trade organizations
and Chambers of Commerce.
23. ELEMENTS OF REGIONAL VIBRANCY
PRODUCTIVE
PROSPEROUS
INCLUSIVE
INNOVATIVE
TALENTED
MOMENTUM
CONNECTED
24. THE IMPACT OF GLOBAL COMPETITIVE FORCES
DEMOGRAPHICECONOMIC
REGIONAL IMPACT
TECHNOLOGICAL
25. CLEAR STORYLINES HAVE EMERGED
Disruption is coming.
Our region
has unrealized
innovation capacity.
Connectivity must increase.
Sustaining
economic momentum
is critical.
26. BUILDING BLOCKS FOR STRATEGY
PURSUE
REGIONAL
GROWTH
PREPARE
COMMUNITIES
FOR SUCCESS
ATTRACT
IMPACTFUL
INVESTMENT
REALIZE
INNOVATION
CAPACITY
MAXIMIZE
INDIVIDUAL
OPPORTUNITY
27. NEW STRATEGY
It will be REGIONAL
It will be LONG-TERM
It will focus on building our ECONOMIC BASE
CORE ACTIVITIES
Helping existing companies to grow and compete globally
Inviting the most competitive companies in the world to do business in our region
Supporting the development of new businesses and the system that supports them
(entrepreneurs, growth capital, commercialization efforts)
Support community efforts to plan and compete for economic base growth
Market and promote the Region as a business location
29. HOW CAN YOU HELP?
Actively advocate for economic development (local, regional,
state, national).
Provide advice from your unique perspective.
Engage others to help to join the conversation.
Attend events and forums when possible.
And finally – work with us over the next several months to define
our new goals and objectives – and perhaps a new name…
Jobs committed through November announcements = 5,027 jobs.
Forecasted to close in December = 2,675.
2018 total jobs committed will be 7,702
Source: Jobs: BLS LAUS (current = 133,137), October 2018; Investment: Fixed investment from internal spreadsheet through November 2018 (current = $9.6B); Per Capita Income: BEA, 2017
Top 10 metros based on population size
Top 10 metros based on population size
Top 10 metros based on population size
Top 10 metros based on population size
Top 10 metros based on population size
2 $B unicorns, these are not all in Columbus.
We have so much more than just Ohio State.
Technological: Automation Advances, Mobility Revolution, Datafication of Everything, New business models
Economic: Rise of E-Commerce, Global Power Shifts, Rising Debt, Small business starts
Demographic: Aging Population, Growing Diversity, Workplace preferences, Urbanization
A growing region of 2.5 million people
15% population growth and 15% employment growth
America’s first SMART Region
Mobility increases and commute times stay equal to or improve
Ranked first in the % increase in electric vehicle adaption
#1 market for IOT growth and adaption
17 Fortune 1000 HQ’s
Ranked among the top 50% of communities for income inequality
We currently rank in the bottom third
#1 market for labor market participation
The #1 region in the Midwest for seed, growth and venture capital for entrepreneurs and growing companies
Cited as a national example for higher education economic development partnerships
Multiple daily direct, non-stop flights to European destinations