Ohio ranks high on “leading indicator” report for new investment and jobs

Ohio ranked among the top ten states for both capital investment and mobile project jobs in Ernst & Young’s 2016 US Investment Monitor (USIM), according to a recent press release. The USIM “is a leading indicator showing where new investment spending and jobs can be expected over the next several years,” according to the release. Ohio ranked sixth in capital investment with $5.1 billion, and third in mobile project jobs, with 25,800. Andrew Phillips, Principal, Ernst & Young LLP, said, “[m]any factors contribute to a company’s decision to invest in a particular location, and awareness of industry trends, workforce development levels and the availability of state and local tax incentives can help businesses choose where to locate their mobile capital investments. States should continue to find their competitive edge to attract a wide variety of investment types and maintain a healthy economy.” For more, read the full press release.

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