News and Analysis
Ohio’s unemployment rate in March fell to 4.7% compared to 6% nationwide, while the participation rate was 62.1% compared to 61.5% nationwide. Meanwhile, Ohio’s manufacturing employment grew last month by 2,200. Year over year, Ohio manufacturing has lost 33,000 jobs, with 30,700 fewer positions in durable goods and 2,300 fewer in non-durable goods, according to the Ohio Department of Job and Family Services. 4/19/2021
Dayton Mayor Nan Whaley (D) announced this week she will take another run at becoming Ohio’s next governor. Whaley, who mounted an unsuccessful campaign for governor during the 2018 cycle, is the first Democrat to enter the 2022 race, but Cincinnati Mayor John Cranley has said he’s interested.
Meanwhile, Gov. Mike DeWine (R) is expected to run for re-election, but some fellow Republicans have hinted at a possible primary challenge, including former U.S. Rep. Jim Renacci and current U.S. Rep. Warren Davidson (OH-8). 4/20/2021
U.S. Rep. Steve Stivers (OH-15) has announced he will retire from Congress in mid-May to lead the Ohio Chamber of Commerce. The Republican, 56, has served in the U.S. House for the past decade. The OMA thanks Rep. Stivers for his service to our country and looks forward to working with the chamber to further improve Ohio’s business climate.
Politico reports that Stivers’ departure will create a special election in “a deep-red seat in central Ohio that backed former President Donald Trump by double-digit margins in both 2016 and 2020.” State Rep. Brian Stewart (R-Ashville) and Sen. Bob Peterson (R-Washington Court House) have already announced they will seek the open seat.
Prior to Stivers’ announcement, Ohio was already planning to hold a special congressional election in November to fill the 11th Congressional District seat of former Rep. Marcia Fudge (D), who is now the secretary of Housing and Urban Development. 4/19/2021
Ohio’s U.S. Sens. Sherrod Brown (D) and Rob Portman (R) have introduced legislation aimed at strengthening U.S. trade remedy laws to fight what the lawmakers see as unfair trade practices. Bill supporters say the measure is necessary to address the unfair advantages held by China’s state-owned enterprises due to massive government subsidies and dumping practices. 4/20/2021
U.S. Rep. Troy Balderson (OH-12) has introduced legislation to modernize the federal regulatory framework for foreign manufacturers of gas cylinders, holding them to higher safety and inspection standards in an attempt to level the playing field for U.S. producers. Balderson’s press release quotes Andy Rose, president and CEO of Worthington Industries. 4/20/2021
Ohio Gov. Mike DeWine and Lt. Gov. Jon Husted this week announced their support for the “Keep Nine” Amendment, a bi-partisan congressional measure that would keep the total number of U.S. Supreme Court justices at nine. The announcement comes after progressive Democrats in Congress introduced legislation to expand the court to 13 justices.
“Keeping the number of justices at nine enshrined in the Constitution will prevent any political party from tampering with the court for political gain,” Gov. DeWine said. 4/21/2021
MAGNET — an OMA Connections Partner and Northeast Ohio’s Manufacturing Extension Partnership — is conducting its annual survey of Ohio manufacturers. OMA members are encouraged to take the survey to let the MAGNET team — and all survey results readers — know where they stand with COVID-19-related challenges and other priorities.
MAGNET will send survey participants a business book of their choice and make a donation to the Greater Cleveland Food Bank’s Harvest for Hunger Campaign. All Ohio manufacturers are encouraged to participate. 4/20/2021
The Ohio Senate this week voted 24-9 to approve Senate Bill 80, which would allow partisan general election races for certain judgeships. Specifically, the bill would require party affiliations be listed on ballots for appellate and Ohio Supreme Court races. The bill now moves to the House for consideration. 4/22/2021
It appears the global shortage of semiconductors — which is negatively impacting manufacturers of consumer electronics, automobiles, and more — could last into 2022, according to reports. The shortage is being fueled by to multiple factors, including the U.S.-China tech feud, the pandemic’s impact on supply chains, even drought in Taiwan.
In its extensive article on the subject, The Wall Street Journal (subscription) reported that tech companies in China have been stockpiling chips “for one month, three months, or even six months.” 4/21/2021
In its new analysis, consulting firm McKinsey & Company says “the stars could be aligning for U.S. manufacturing” due to public- and private-sector resolve to strengthen America’s industrial might. The firm identifies 16 industrial sectors that, with improved competitiveness, could boost U.S. manufacturing’s overall annual GDP by $275 billion above forecasts, while adding as many as 1.5 million jobs. 4/21/2021