Northeast Ohio continues to grow, although moderately. 2007 is expected to be the sixth consecutive year of growth. Key data & indicators included: employment, wages, GRP, as well as output, employment and productivity for key sectors.
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August 30, 2011 JobsOhio launch meeting with JobsOhio representatives - including board member Mark Kvamme - and Team NEO, the region's JobsOhio Network Partner.
As part of Team NEO’s ongoing international business attraction efforts, an International Session was held on March 16, 2011. The presentation provides an update on activities from Cleveland Plus Business Europe.
August 30, 2011 JobsOhio launch meeting with JobsOhio representatives - including board member Mark Kvamme - and Team NEO, the region's JobsOhio Network Partner.
As part of Team NEO’s ongoing international business attraction efforts, an International Session was held on March 16, 2011. The presentation provides an update on activities from Cleveland Plus Business Europe.
Northeast Ohio: Transformation Fueled by Innovation in Cleveland Plus RegionTeam NEO
Article from the Jan/Feb edition of The Leader discussing the transforming economy of Northeast Ohio fueling growth in biomedical, advanced energy and innovation
ing a commitment to eliminate a burdensome tax system, Ohio in 2005 implemented full-scale, sweeping tax reform.
Ohio's new business taxation model will mean a reduction in tax burden of up to 63 percent by 2010, the first year reform is fully implemented.
Ohio's new taxation system means businesses can:
Reduce operating costs – No tax on inventory or corporate income
Enhance productivity – No tax on investments in machinery and equipment
Attract talent – Shrink labor costs through a 21 percent reduction in personal income tax
Enjoy a level playing field – All companies taxed the same low rate
Boost return on investment – No tax on product sold to customers outside Ohio
Reward entrepreneurship – First $1 million in gross receipts are tax-free; companies with sales between $150,000 and $1 million pay only a $150 flat fee
With a well-trained workforce and well-established base of manufacturers, Northeast Ohio offers wind energy OEMs and suppliers efficient manufacturing opportunity in mechanical components, coatings and lubricants, engineering, materials development and performance material supply are ideal for wind turbine manufacturing.
This chart indicates projection that higher paying jobs will grow faster in Northeast Ohio.
Key: The size of the bubbles in the chart correlates to the size of employment within the occupational group. Vertical scale shows average annual wage, with the gold bar indicating the Northeast Ohio average of $37,800. The horizontal scale shows the anticipated estimated employment change over the next 10 years.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
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 telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
where can I find a legit pi merchant onlineDOT TECH
Yes. This is very easy what you need is a recommendation from someone who has successfully traded pi coins before with a merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi network coins and resell them to Investors looking forward to hold thousands of pi coins before the open mainnet.
I will leave the telegram contact of my personal pi merchant to trade with
@Pi_vendor_247
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
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 telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
Analyzing the instability of equilibrium in thr harrod domar model
June 2007 Cleveland Plus Quarterly Economic Review
1. June 2007
Northeast Ohio
Economic Review
Welcome to the June installment of Team NEO’s “Quarterly Regional
Economic Review” for Northeast Ohio. Our key quarterly indicators –
employment, wages and GRP – have been updated through the first quarter.
Bottom line: Our economy continues the trends of last year. Northeast Ohio
continues to grow, although moderately. 2007 is expected to be the sixth
consecutive year of growth in regional economic output.
In addition to our standard indicators, in this edition we look more deeply
at the make-up of our economy. If you have wondered which sectors
contribute most to our economy, both in terms of output and in terms of
total salaries and wages, you will find it here.
We then take a deeper look at the longer-term trends in output,
employment and productivity for some key sectors.
For example, the data show that while manufacturing jobs are down from
the late 1990s, productivity (output per worker) has improved dramatically.
Manufacturing output has been more stable than is popularly recognized
and still represents 21% of our economic output. Employment has suffered
certainly, but the great boost in productivity is keeping this sector globally
competitive and a differentiator for the region.
We hope you enjoy this edition as it is structured to meet your needs.
Thomas A. Waltermire, chief executive officer, Team NEO
2. 2006 Industry Sector Salaries/Wages and GRP as Percent of NEO Totals
Manufacturing Leads NEO in Output and Payroll
This chart shows the sectors that make up the Northeast Ohio economy.
It displays each sector’s share of economic output (Gross Regional Product) and its share of the region’s wages/salaries.
Manufacturing continues to play the lead role in both output and wages. NEO’s manufacturing sector provides 21% of our
output and almost 20% of regional payroll. Wholesale and retail trade is #2 in output. Government and education is #2 in
wages/salaries. The rank order of NEO’s top five sectors is similar to the U.S. However, for the U.S., manufacturing is only
14% of output and the other top segments are each about 12-14% of the total economy.
Percent of NEO 2006 Totals
Source: Moody’s Economy.com
GRP Wages
3. A competitive region is mad
Manufacturing: 1992 - 2007
Productivity Gain Keeps Output Steady
This chart shows the 15-year trend in regional
1.60
output from manufacturing, the total number
1.50
GRP per Worker
of workers and the output per worker. Contrary
1.40
Indexed Value (1990 = 1.00)
to popular perception, manufacturing output
1.30
has been relatively flat. Today it is higher than
1.20
15 years ago, but still below the late 1990s.
1.10
Across the U.S. manufacturing employment
GRP
1.00
has been in decline and that has also been
0.90
the case in NEO with total manufacturing jobs
0.80
down 25% from the late 1990s. Productivity
Employment
(output per worker) has improved dramatically.
0.70
This has kept NEO manufacturers globally
0.60
competitive. When we measure manufacturing
0.50
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
by employment, it is down considerably. When
Source: Moody’s Economy.com
we measure it by output, it is nearly as strong
as ever. Manufacturing continues to be a vital
driver of regional wealth creation.
Wholesale/Retail Trade: 1992 - 2007
Output Growth Fueled by Productivity Gains
Output from wholesale/retail trade has
1.70
grown steadily the last 15 years. Employment
1.60
GRP per Worker
growth has been minimal, declining after GRP
1.50
Indexed Value (1990 = 1.00)
Sept. 11, and has been flat since 2002. 1.40
Productivity gains in this sector have been 1.30
just as impressive as for manufacturing. 1.20
Innovations in service methods, logistics 1.10
(the Wal-Mart business model) and Employment
1.00
information systems have fueled this 0.90
productivity boom. The benefit has largely 0.80
gone to consumers in the form of lower or 0.70
stable prices for most consumer goods. 0.60
0.50
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Source: Moody’s Economy.com
4. e of competitive industries.
Finance/Insurance: 1992 - 2007
Strong Growth Sector
The finance and insurance sector has
1.90
been a source of strong growth for the
1.80
region, up nearly 80%. Total workers
GRP
1.70
Indexed Value (1990 = 1.00)
grew steadily during most of this
1.60
1.50
period and productivity gains have
GRP per Worker
1.40
been regularly achieved. More recently
1.30
output has continued to grow and
1.20
Employment
productivity has jumped, allowing that
1.10
growth to be achieved with slightly
1.00
0.90
fewer workers. If productivity continues
0.80
to improve at these rates, this could be
0.70
another sector with limited employment
0.60
gains longer term.
0.50
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Source: Moody’s Economy.com
Healthcare/Social Services: 1992 - 2007
Strong Employment Growth; Productivity Gains Modest
Healthcare and social services
1.70
contribute significantly to the Region’s
1.60
GRP (8% of GRP for NEO versus 6.5% GRP
1.50
Indexed Value (1990 = 1.00)
for the U.S.). Output has been steadily Employment
1.40
climbing with little volatility. In 1.30
contrast to the other sectors, there 1.20
has been only modest improvement GRP per Worker
1.10
in output per worker. So, as output or 1.00
demand grows, employment grows with 0.90
it. This has been one of the strongest 0.80
sectors for employment in NEO and 0.70
nationally. National data actually 0.60
show a decline in output per worker 0.50
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
with employment growing faster than Source: Moody’s Economy.com
output. Limited productivity gains
translate into faster rising costs.
5. Unemployment Tracks Normal Seasonal Trends
The increase in unemployment from
7.5
Q4 06 to Q1 07 is a typical seasonal
event, due to post-holiday layoffs 7.0
Percent of Labor Force
and seasonal industries such as 6.5
construction. Note the Q1 increases
6.0
in prior years. NEO (and Ohio)
5.5
unemployment rates are similar
to last year and also remain about 5.0
three quarters of a point higher than
4.5
the U.S. The unemployment rate is
defined as the proportion of people 4.0
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1
in the workforce who are not working 2006
2003 2004 2005 2007
and are actively looking for work Source: Ohio Labor Market Information
or awaiting recall. The NEO average
U.S. Ohio NEO
rate of roughly 5.4% for the last four
quarters is relatively low by historical
standards.
Employment at Highest Level in Five Years
Total regional employment remained 1.96 18.0
at a level higher than any time in
the last five years. Total jobs are up 1.95 17.5
about 2% from the trough two years
Wages (billions U.S. $)
ago. Total real wages and salaries
Workers (millions)
1.94 17.0
($17.5 billion per quarter) declined
slightly in the fourth quarter of 1.93 16.5
2006. Real wages/salaries (after
1.92 16.0
subtracting inflation) have been
rising at about 2.7% per year the last
1.91 15.5
five years. This is a good indicator
that our region’s wealth is improving. 15.0
1.90
Q2 Q4 Q1 Q4 Q1
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q3 Q2 Q3
2002 2003 2004 2005 2006 2007
Sources: Ohio Labor Market Information and U.S. Bureau of Labor Statistics
Avg Employment (4-Qtr Avg) Wages (4-Qtr Avg)
6. NEO Economy Continues to Expand
Despite the many challenges the Northeast Ohio
economy has faced, our economic output is now 32%
Annual % Change
higher than 15 years ago. 2007 is expected to be the
sixth consecutive year of growth in gross regional
GRP (billions 2006 $)
product. However, growth has been slow, averaging
only about 1% the last two years compared with
the U.S. growth rate of 3.3% during 2005-6. 2007
is currently estimated to continue to grow slowly at
1.2%, but this could be revised still lower based on
recent downward revisions in growth estimates for
the U.S. as a whole.
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Source: Moody’s Economy.com; 2007 data are estimated
Annual Percentage Change
Data Sources
Team NEO uses a number of data sources for the Regional Economic Review. One of the primary sources is Moody’s Economy.com
(www.economy.com) regional modeling system. This firm is a leading independent provider of economic, financial, and industry
research and data that specializes in national and metropolitan economic growth forecasts. Moody’s Economy.com county level
output, employment and payroll historical data are estimated from several publicly available sources and are summarized into the
Team NEO regional footprint. It is important to understand that data provided by Economy.com are estimates of economic activity.
Team NEO also uses data from federal and state sources as part of the report. As with Economy.com, the information for the
Team NEO footprint are derived from data reported at either the county or metropolitan level. We rely heavily on data from
the U.S. Bureau of Labor Statistics (www.bls.gov) and Ohio’s Labor Market Information (lmi.state.oh.us) for information on
wages, unemployment and both general and industry-specific employment. In addition, Team NEO uses data from the Census
(www.census.gov) to track housing-related activity including the number of single and multi-family permits, as well as their values.
737 Bolivar Road, Suite 2000
Cleveland, Ohio 44115
www.teamneo.org
1.888.NEO.1411
This report made possible through the generous
www.clevelandplusbusiness.com
support of Charter One Foundation.