Ohio’s two largest industries by percentage of GDP are manufacturing and financial activities, respectively. By employment, Ohio’s largest sector is trade/transportation/utilities, followed by the health care and education sector, the government sector, and the manufacturing sector.
What is the number 1 industry in Ohio?
Manufacturing is the largest of Ohio’s major sectors, based on GDP. Major sectors and their contributions to Ohio’s economy are presented in the chart above. Roughly 54 percent of the state’s manufacturing output consists of durable goods.
What is the main economy of Ohio?
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.
What are the top five industries in Ohio?
The state’s economy includes historically strong industries such as insurance and banking, motor vehicle assembly, steel production, agriculture, and research and development.
What is Ohio known for producing?
Ohio’s main cash crops are soybeans and corn. Also important are wheat, oats, hay, fruit, feed, vegetables, livestock, poultry, and dairy products. Tobacco is grown in the Tuscarawas, Muskingum, and Ohio river valleys in the southeastern part of the state.
What is the biggest company in Ohio?
The Top 10 Largest Companies in Ohio
| Rank | Company | Number of Employees |
|---|---|---|
| 1 | Kroger | 465,000 |
| 2 | Concentrix | 250,000 |
| 3 | Procter & Gamble | 101,000 |
| 4 | National Machinery | 80,000 |
Who is the largest manufacturer in Ohio?
Honda North America Inc.
Largest Central Ohio Manufacturers
| Rank | Business name | Total Central Ohio regular employees (automatically calculated) |
|---|---|---|
| 1 | Honda North America Inc. | 7,700.00 |
| 2 | Worthington Industries Inc. | 1,921.00 |
| 3 | TS Tech Americas Inc. | 1,821.00 |
| View This List |
Is Ohio a good place to live?
Consistently ranked one of the best states for business, Ohio offers residents many benefits too, including a low cost of living, excellent schools and good recreational opportunities.
What’s Ohio’s main export?
Made-in-America Manufacturing Exports from Ohio and Jobs
The state’s largest manufacturing export category is transportation equipment, which accounted for $16.7 billion of Ohio’s total goods exports in 2018.
What is the most profitable crop to grow in Ohio?
1. Soybeans. Ohio farmers harvested nearly 4.9 million acres of soybeans in 2020, which produced just under 263 million bushels of the crop. Farm Fact: Soybeans are an important ingredient in crayons.
Who is the largest employer in Columbus Ohio?
JPMorgan Chase
List: Largest private employers in Columbus and central Ohio
| Rank | Company | Full-time employees |
|---|---|---|
| 1. | JPMorgan Chase | 20,316 |
| 2. | Nationwide (HQ) | 12,862 |
| 3. | Honda (North America HQ) | 11,077 |
| 4. | L Brands (HQ) | 7,662 |
Where does Ohio’s economy rank?
Ohio’s 2019 GDP was the 7th largest in the U.S., ranked between Pennsylvania (6th) and New Jersey (8th). Ohio’s total GDP was higher than those of all neighboring states except for Pennsylvania.
Where does Ohio rank in manufacturing?
Manufacturing is the largest of the 20 sectors of Ohio’s economy, including government, with 16.60% of total output in 2018, of which 9.4% were durable goods and 7.2% were non-durable goods. Ohio’s manufacturing sector GDP was $112.2 billion in 2018, ranking it third in the nation after California and Texas.
What is the most common job in Ohio?
The data show that among Ohio’s 10 most common jobs, four don’t pay enough for a typical worker to feed a family of three. These occupations are fast food workers, retail salespersons, cashiers and home health and personal care aides. They represent 452,900 workers.
Who is the biggest farmer in Ohio?
Niese Farms
Subsidy Recipients 1 to 20 of 146,648
| Rank | Recipient (* ownership information available) | Total USDA Subsidies 1995-2020 |
|---|---|---|
| 1 | Niese Farms * | $9,080,261 |
| 2 | Hendren Farms Partnership * | $7,306,679 |
| 3 | Bryant Agricultural Enterprise * | $7,251,148 |
| 4 | Ohio Family Farms * | $6,495,663 |
What is Ohio known best for?
Ohio is most commonly known for its major city, Cleveland. This metropolis is home to the Rock and Roll Hall of Fame, as well as the Cleveland Indians baseball team. Cleveland is famous for its vibrant art and music scenes as well as its numerous professional sports teams.
What are the major businesses in Ohio?
Detailed List Of The 100 Biggest Companies In Ohio
| Rank | Company | Employees |
|---|---|---|
| 1 | Kroger | 443,000 |
| 2 | Convergys | 130,001 |
| 3 | Watson’s | 120,000 |
| 4 | Procter Gamble | 95,000 |
What is the most valuable company in Ohio?
In 2021, the leading publicly traded company with headquarters in Ohio was health care services company, Cardinal Health. That year, Cardinal Health topped the list with a revenue of 152.92 billion U.S. dollars.
Why are so many companies based in Ohio?
A diverse economy, low cost of living, and corporate-friendly tax structure is luring business to the Buckeye State. The Columbus, Ohio skyline. As Ohio goes, so goes the nation. Up until 2020, that adage accurately described the state as a bellwether for presidential elections.
Who is the largest employer in Toledo Ohio?
Caring Home Health Services, Lake Park (at Flower Hospital Campus), Paramount Healthcare (insurance) & ProMedica Physician Group. Kroger, Inc.
What manufacturing companies are in Ohio?
Top 10 Manufacturing Companies in Ohio
| Company | Employees | City |
|---|---|---|
| The Procter & Gamble Co. | 4,000 | Cincinnati |
| Honda Of America Mfg, Inc., Anna Engine Plt. | 3,500 | Anna |
| Whirlpool Corp., Clyde Opers. | 3,500 | Clyde |
| The Lincoln Electric Co. | 3,350 | Cleveland |