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01/18/2012
Center Director, George Vredeveld quoted in Business Courier article "Economists: Cincinnati economy to grow slowly in '12"

Vredeveld, founding director of the University of Cincinnati’s Economics Center, said he thinks the jobs picture will look a little brighter than Stevie expects. He figures national unemployment will drop below Stevie’s projection, which should carry over to help the local economy.

“We’ll be below that in January,” Vredeveld said, “and hopefully we’ll continue to stay below that.”

To read the full article, visit:
Economists: Cincinnati economy to grow slowly in '12

01/01/2012
How the crisis in the Eurozone affects all

The economic and financial crisis in the European Union has both captivated and confounded many of us. What caused these disturbing problems? How can it be that a recession in the EU can affect the U.S. and our metro area?

In analyzing the causes of the crisis one can get caught up in the special circumstances facing individual EU countries. Let’s take a broader approach by considering a mythical country called Lowtech, which has not yet joined the Eurozone.

12/29/2011
Research Assistant Professor, Ben Passty comments on local manufacturing sector in "Area Manufacturing Picks Up" on Cincinnati.com

Benjamin Passty of the Economic Center at the University of Cincinnati, which compiles the report from Institute of Supply Management data, said the report shows the local manufacturing sector has built some positive momentum going into the new year.

To read the full article on Cincinnati.com, visit:
Area Manufacturing Picks Up

Check out the full report:
December Report on Business

12/15/2011
Associate Director of Research, Jeff Rexhausen quoted in "Study says Ohio retailers will lose $137 million to online stores this holiday season" article

"Associate Director of Research for the Economics Center Jeff Rexhausen says Ohio retailers could earn more than $600 million annually if online stores were required to collect sales tax on purchases made in Ohio."

To read the full story, visit:
Study says Ohio retailers will lose $137 million to online stores this holiday season

12/15/2011
Student Enterprise (StEP) Winter Marketplace at Winton Woods featured on Fox 19 News

At the Winter Marketplace, which is a StEP (Student Enterprise Program) event held in partnership with UC’s Economics Center, students were also able to spend five of the Warrior Bucks they’d earned for good behavior to buy a card to send to the troops. The cards will be included in a future mailing from the Yellow Ribbon Support Center.

To read the full story, visit:

12/09/2011
People Working Cooperatively (PWC) Executive Director, Jock Pitts interview by Cincinnati Enquirer about recent program evaluation conducted by Economics Center

Jock Pitts sees the real needs of local, low-income residents every day.

As executive director of People Working Cooperatively (PWC), a non-profit that provides critical home repairs to low-income families across Southwest Ohio, Southeast Indiana and Northern Kentucky, Pitts oversees services that help more than 7,000 local families every year.

12/05/2011
Ross partners with UC for financial education

By Richard O Jones, Staff Writer Updated 7:59 PM Monday, December 5, 2011

ROSS TWP. — The Ross Local School District will partner with the Economics Center at the University of Cincinnati to create curriculum for students on dealing with financial matters.

12/04/2011
Ohio Needs Good Sales

Consumer spending is often the fuel that propels an economy from a recession through its recovery phase. During this holiday season, retailers are carefully watching consumer activity, hoping there is strong spending propulsion in the “make or break” months of November and December. Ohio government officials also have an interest since retail sales tax receipts account for more than 40 percent of the state’s revenues. The UC Economics Center analyzed economic conditions underlying retail spending in Ohio and predicts a 3.3 percent increase in retail spending for November and December.

11/30/2011
Research Assistant Professor, Ben Passty was quoted in Cincinnati.com's article "Local economy cooler in Nov., index shows"

Local economy cooler in Nov., index shows

The local economy continued to grow but at a slower rate in November, according to the latest reading of an index gauging the Cincinnati region's manufacturing health.

The Cincinnati Purchasing Management Index measured 54.9 in November, a value that is the lowest in over a year. Any index reading over 50 indicates economic expansion.

11/30/2011
Research Assistant Professor, Ben Passty was quoted in Business Courier's article " Cincinnati manufacturing economy gears down to one-year low"

Growth in Greater Cincinnati's manufacturing sector weakened in November to its lowest point in more than a year, according to a newly released report.

The Cincinnati Purchasing Management Index slumped to 54.9 in November from 56.9 in October, according to the Cincinnati Report on Business from the Institute for Supply Management ­ Cincinnati and the University of Cincinnati's Economics Center. Any reading above 50 indicates economic expansion. The index is compiled from a survey each month of local purchasing managers.