Spring 2008

2008

Each year, Fortune magazine compiles and publishes a listing of the top 500 American public corporations. The Cincinnati region is host to 10 Fortune 500 firms — more than Boston, St. Louis, and Seattle. Even more impressive, Cincinnati, which has almost 5 companies per million residents, ranks, on a per capita basis, third in the nation with respect to the number of Fortune 500 companies. This is higher than Chicago at 3.04 per million, New York at 4.48 per million and Los Angeles at 1.68 per million. The Fortune 500 Companies are measured by their gross revenue.

Since 2001, the Port of Greater Cincinnati Authority (Port Authority) has contributed immensely to Greater Cincinnati's economic development through property redevelopment and brownfield remediation. The remediation and development of vacant, abandoned and underutilized properties into good, useable land for private and commercial use is one of the most important contributions of the Port Authority to the Greater Cincinnati community.

Minority-owned businesses are experiencing unprecedented growth in our economy. In the last decade, the number of minority-owned businesses in the U.S. increased by 168 percent - to an estimated 3.25 million businesses. Revenues for these businesses grew at an even faster pace during that time – an impressive 343 percent increase – to $495 billion business ventures. Despite this growth, the share of minority-owned businesses is still not proportional to percentage of minority population.