The economy of Ohio nominally would be the 20th largest global economy behind Turkey and ahead of Switzerland according to The World Bank as of 2022.[8] The state had a GDP of $822.67 billion in 2022, which is 3.23% of the United States total,[9] ranking 7th in the nation behind Pennsylvania and ahead of Georgia.[10] In 2013, Ohio was ranked in the top ten states for best business climate by Site Selection magazine, based on a business-activity database. The state was edged out only by Texas and Nebraska for the 2013 Governor's Cup award from the magazine, based on business growth and economic development.[11]
Ohio is commonly noted as the Nation's Industrial Capital, dating to its roots in the Rust Belt and Ohio's present-day intelligence and scientific dominance.[12][unreliable source?] Ohio was one of four states in the U.S. to have areas make the Intelligent Community Forum's list of global Smart 21 Communities for 2014, with Columbus, Ohio receiving the honors.[13] Ohio has six of the top 146 public school national universities in the nation, according to U.S. News & World Report's 2020 rankings.[14] The state was ranked No. 8 by the same magazine in 2008 for best high schools,[15] while overall, in 2010 the state's schools were ranked No. 5 in the country by Education Week.[16] However, by 2016 the state's high school rankings had slipped to #11 according to U.S. News & World Report,[17] and #22 overall in quality by Education Week in 2017.[18] It was second only to Texas in having the most U.S. cities in the top 30 best places for new college graduates, according to BusinessWeek in 2010.[19] The year ending July 2011 saw the state ranked fourth in the nation in job creation behind Texas, California, and New York.[20] By 2016 the state wasn't in the top 10 for job growth,[21] but between 2017 and 2018 the state saw an increase in job creation of 44,600.[22]
After California and Texas, Ohio is the third largest U.S. manufacturing state, with total output in 2017 approaching $108 billion. Home to more than 12,000 manufacturers, 12.6% of the Ohio work force is dedicated to manufacturing.[23]
Ohio is considered a center of science and industry, with museums dedicated to such in Columbus, COSI, the Great Lakes Science Center in Cleveland, the Imagination Station in Toledo, and the Boonshoft Museum of Discovery in Dayton. The state includes many historically strong industries, such as banking and insurance, which accounts for 8% of the gross state product, motor vehicle manufacturing, research and development, and steel production, accounting for 14-17% of the nation's raw output. More traditional industries include agriculture, employing one out of seven Ohioans, and new and developing sectors include bioscience, green, information, and food processing industries. Ohio is the biggest manufacturer of plastics and rubber in the country, has the largest bioscience sector in the Midwest, and ranked fourth in the country for green economic growth through 2007.
The state is recognized internationally as the "Fuel Cell Corridor",[24] while Toledo is recognized as a national solar center,[25][26] Cleveland a regenerative medicine research hub,[27] Dayton an aerospace and defense hub, Columbus a technological research and development hub,[27] and Cincinnati a mercantile hub.[27]
Wal-Mart is the largest private sector employer in Ohio with approximately 50,500 employees in 2017. The largest Ohio employer with headquarters in Ohio is the Cleveland Clinic, with approximately 49,050 employees and headquarters in Cleveland.[28] The largest employer at a single location in Ohio is Wright Patterson Air Force Base in Dayton.[29] 70% of the nation's electrometallurgical ferroalloy manufacturing employees are located in Ohio.[citation needed]
^"Ohio Gross Domestic Product Report" (PDF). Retrieved February 21, 2023.
^[1] "Ohio QuickFacts from the US Census Bureau". Archived from the original on March 3, 2013. Retrieved June 11, 2013.
^Bureau, U. S. Census. "U.S. Census website". United States Census Bureau. Archived from the original on December 27, 1996. Retrieved December 7, 2017.
^Bureau, U. S. Census. "American FactFinder - Results". factfinder.census.gov. Archived from the original on February 12, 2020. Retrieved August 22, 2019.
^"Local Area Unemployment Statistics". bls.gov. Retrieved February 21, 2023.
^Bureau, U. S. Census. "American FactFinder - Results". factfinder.census.gov. Archived from the original on February 16, 2016. Retrieved August 22, 2019.
^"Archived copy" (PDF). Archived from the original (PDF) on October 14, 2014. Retrieved August 16, 2014.{{cite web}}: CS1 maint: archived copy as title (link)
^"World Bank Open Data". World Bank Open Data. Retrieved November 23, 2023.
^"Ohio vs. United States | Gross Domestic Product Trends over 1997-2022". United States Regional Economic Analysis Project. Retrieved November 23, 2023.
^"Gross domestic product by state U.S. 2022". Statista. Retrieved November 23, 2023.
^"Site Selection - The Magazine of Corporate Expansion & Area Economic Development". Site Selection. Archived from the original on July 4, 2019. Retrieved August 22, 2019.
^"State of Ohio - Ohio Secretary of State". Sos.state.oh.us. Archived from the original on February 21, 2020. Retrieved August 22, 2019.
^http://www.intelligentcommunity.org/index.php?src=gendocs&ref=Smart21&category=Events&link=Smart21 Archived May 24, 2016, at the Wayback Machine.
^"Top Public Schools National Universities". U.S. News & World Report. 2020. Archived from the original on February 23, 2017. Retrieved May 4, 2020.
^"Best High Schools: State by State Statistics" Archived April 30, 2009, at the Wayback Machine, U.S. News & World Report, Retrieved December 2, 2009.
^"State Report Cards" Archived March 10, 2010, at the Wayback Machine, Education Week, Retrieved February 20, 2010.
^"How States Compare in the 2016 Best High Schools Rankings" Archived August 25, 2017, at the Wayback Machine, Robert Morse. U.S. News & World Report. April 18, 2016. Retrieved February 6, 2017
^"Quality Counts 2017: State Report Cards Map" Archived February 6, 2017, at the Wayback Machine, Education Week. December 16, 2016. Retrieved February 6, 2017
^"Ohio Among the Best States for New College Graduates" Archived September 4, 2010, at the Wayback Machine, PRNewsWire. August 31, 2010. Retrieved September 5, 2010.
^"All but six states post job gains in past 12 months" Archived November 3, 2012, at the Wayback Machine, G. Scott Thomas. Biz Journals. August 22, 2011. Accessed September 9, 2011
^"Business Facilities’ 12th Annual Rankings Report: State Rankings" Archived February 6, 2017, at the Wayback Machine, Business Facilities. August 3, 2016. Retrieved February 6, 2016
^"State Economic Snapshots" Archived October 31, 2021, at the Wayback Machine, Joint Economic Committee, U.S. Congress. March 26, 2018. Retrieved July 7, 2018
^TOP 10 STATES FOR MANUFACTURING 2019 Archived December 3, 2020, at the Wayback Machine Retrieved December 31, 2019
^"Ohio - top destination for the fuel cell industry" Archived October 11, 2008, at the Wayback Machine, The Fuel Cell Corridor, Retrieved November 20, 2009.
^"Five cities that will rise in the New Economy" Archived November 23, 2009, at the Wayback Machine, Christian Science Monitor. Retrieved November 27, 2009.
^"Ohio gov. declares NW Ohio a solar energy hub", ABC13. June 30, 2010. Retrieved July 13, 2010. Archived July 6, 2010, at the Wayback Machine
^ abc"Atlantic Eye: Brunner is the best for Ohio" Archived August 5, 2010, at the Wayback Machine, Marc S. Ellenbogen. May 3, 2010. Retrieved May 5, 2010.
^Ohio's largest 100 employers in 2017: Walmart tops the list Archived March 24, 2018, at the Wayback Machine Accessed March 24, 2017
^"Major Ohio Employers, March 2012" (PDF). Ohio Department of Development. March 2012. Archived from the original (PDF) on June 11, 2014. Retrieved June 4, 2014.
Data and the 2006-2010 American Community Survey 5-Year Estimates. EconomyofOhio "American FactFinder". Archived from the original on November 12, 2008...
part of a larger global economy brought about by European entry into the fur trade. Some of the Indigenous nations that historically inhabited Ohio include...
is a list of the forty largest employers in the Columbus MSA as of 2016. Asterisks denote companies headquartered locally. Below is a list of the largest...
The Ohio Lottery is a state lottery run by the Ohio Lottery Commission. Its games consist of scratch tickets; Pick 3, Pick 4, Pick 5 ("numbers games");...
Climate change in Ohio is of concern due to its impacts on the environment, people, and economyofOhio. The annual mean temperature in Ohio has increased...
Cleveland's economy is often said to be transitioning from a manufacturing based economy to a health-tech based economy. EconomyofOhio Greater Cleveland...
City of Cleveland, is a city in the U.S. state ofOhio and the county seat of Cuyahoga County. Located in Northeast Ohio along the southern shore of Lake...
Jersey Economyof New Mexico Economyof New York (state) Economyof North Carolina Economyof North Dakota EconomyofOhioEconomyof Oklahoma Economyof Oregon...
seat of Hamilton County, Ohio, United States. Settled in 1788, the city is located in the northern side of the confluence of the Licking and Ohio rivers...
The Ohio bioscience sector strength was ranked #4 among USA states in 2008 by Business Facilities magazine. As of 2008[update], there were over 1,100...
The Ohio River is a 981-mile-long (1,579 km) river in the United States. It is located at the boundary of the Midwestern and Southern United States, flowing...
Ohio EconomyofOhio Communications in Ohio Newspapers in Ohio Radio stations in Ohio Television stations in Ohio Energy in Ohio Wind power in Ohio Health...
its line of owned-and-operated convenience stores, totaling approximately 375 throughout upstate New York, Pennsylvania, and Northeast Ohio. The stores...
The Ohio Amish Country, also known simply as the Amish Country, is the second-largest community of Amish (a Pennsylvania Dutch group), with in 2023 an...
The Ohio Department of Job and Family Services (ODJFS) is the administrative department of the Ohio state government responsible for supervising the state's...
(SR 788) is a north–south state highway in the southern portion of the U.S. state ofOhio. The western terminus is at State Route 93 in Jackson. Its eastern...
The Ohio Employee Ownership Center (OEOC) is an organization based at Kent State University which provides employees of businesses in Ohio with resources...
Dairy is a significant part of the overall agricultural production of the state ofOhio. The state ranks 11th in milk production in the United States...
Housing inequalities in Ohio relate to the historic and continuing factors that prevent predominantly people of color from accessing safe and affordable...
The economyof England is the largest economyof the four countries of the United Kingdom. England's economy is one of the largest and most dynamic in...