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Economy

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North Carolina A&T took on Liberty during the NCAA tournament First Four basketball games at University of Dayton Arena on March 19, 2013. Barbara J. Perenic/Staff

NCAA tournament basketball games pumped $10.85 million into Dayton

NCAA basketball teams and fans shot a record $10.85 million into the local economy when they filled the University of Dayton Arena for the first rounds of the NCAA Division I men’s tournament. The economic impact was even more than expected, according to estimates from the Dayton/Montgomery County Convention & ...

Chris Hanes, sales manager at P&R Communications Service, is seen with a new digital two-way radio used by the public safety sector. P&R representatives are in favor of the Marketplace Fairness Act that would require retailers to collect sales tax on online sales. CHRIS STEWART / STAFF

Tax plan stirs clash of titans

An online sales-tax proposal has triggered a divisive debate among business owners and attracted a strange-bedfellows mix of supporters that includes the Dayton Area Chamber of Commerce and Democratic U.S. Sen. Sherrod Brown. The “Marketplace Fairness Act,” which will be voted on by the U.S. Senate as early as Monday, ...

Jobless claims drop in Ohio, nation

First-time U.S. jobless claims last week unexpectedly fell to the lowest level in more than five years, a positive sign for the economy, but the good news could be tempered by weak job growth, according to new data and experts. In the week ending April 27, initial claims for unemployment ...

Dealing with high health-care costs?

Are you among the estimated one-third of U.S. adults who have you put off getting medical care because the out-of-pocket costs of your high-deductible health plans are just too high? If so, we’d like to hear your story. Please contact health care reporter Randy Tucker at (937) 225-2437 or rtucker@coxohio.com.

Tim Roth pulls a downspout out of tree branches next door to his shop, Neighbor's Automotive. 1208 Linden Avenue is an abandoned house that was stripped of aluminum and copper according to a Dayton police report taken on April 6. Ohio has the most insurance claims related to metal theft in the nation between 2010 and 2012. JIM WITMER / STAFF

Ohio’s metal thefts epidemic worsening

Ohio leads the nation in insurance claims linked to metal theft, according to a new report released today, as metal thieves continue to cause untold amounts of damage to properties across this region. Victims of metal theft often get stuck with repair bills for thousands of dollars, because the thieves ...

Heena Khakhdia is the owner of BioGreen Choice that manufactures biodegradable and compostable products. Statistics show growth of women-owned businesses in Ohio is slow. Khakhdia said women face hardships such as accessing financing and overcoming stereotypical views. She displays a sample of products in her Centerville office. JIM WITMER / STAFF

Women-owned firms on the rise in Ohio, but lags behind other states

More women than ever own businesses in Ohio, but the state has experienced some of the weakest growth in women-owned firms in the nation, according to a recent report. The weak growth may partly stem from the state’s anemic population growth and its heavy reliance on some male-dominated industries, such ...

Inspections aim to boost property values

Fairfield’s effort to keep up property maintenance inspections in recent years has helped boost property values, while reducing the number of maintenance violations, officials said.Statistics released by the city show that violations declined from 3,538 in 2009 to 1,907 last year. Meanwhile, home values have begun to rise again in ...

Firehouse Subs opens 1st of 9 planned restaurants in region

The first of nine Firehouse Subs planned for the Dayton, Springfield, Hamilton and Middletown areas opened April 24, in Huber Heights. Charles Fryman — the area developer for Firehouse Subs who operates his own Firehouse franchise restaurant in West Chester — said he is actively looking for sites for new ...

Senator Sherrod Brown (D-OH), left, visited with Blind Bob's owner Bob Mendenhall during a stop to promote passage of a Fair Minimum Wage Act. TY GREENLEES / STAFF

Senator stumps in Oregon District for minimum wage hike

U.S. Sen. Sherrod Brown acknowledges it will be an uphill battle to pass a law boosting the federal minimum wage to more than $10 an hour, but the Ohio Democrat is traveling the state to push for the legislation that he co-sponsored. “This would be food for workers, it would ...

Michael Miller, the cheese master for Murray's Cheese in the Kroger at Austin Landing, says there are 120 varieties of cheese in the supermarket case. Eighty-pound wheels of parmigiano reggiano cheese make up part of the display at the store. LISA POWELL / STAFF

Cool March chills retail sales

Americans shopped modestly in March, their enthusiasm to spend dampened by economic uncertainty and by cold weather that lingered across most of the country, including southwest Ohio. U.S. retailers reported a key revenue figure rose only slightly during March. According to a preliminary tally of 15 retailers by the International ...

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