THE COLUMBUS ECONOMY The Columbus Region has a diversified economy where no single major industry represents more than 18 percent of employment. Finance and insurance, advanced manufacturing, health, logistics and other industries are complemented by the presence of The Ohio State University and the state capital.
What industry is Columbus known for?
Anchored by a rich history in logistics, headquarters and business services, technology, manufacturing and more, the Columbus Region is on the country’s leading edge with advanced industries such as e-commerce, automotive, bio-medical and advanced computing.
What are 3 major industries in Ohio?
Industries. 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 Ohio’s #1 industry?
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.
Who is the largest employer in Columbus Ohio?
Ohio State University
Largest Central Ohio Employers
Rank | Employer name | Central Ohio employees |
---|---|---|
1 | Ohio State University | 33,335 |
2 | OhioHealth | 23,836 |
3 | State of Ohio | 21,342 |
View This List |
Who is the largest employer in Ohio?
Major employers
Rank | Employer | Number of Ohio employees |
---|---|---|
1 | Cleveland Clinic Health System | 50,825 |
2 | Kroger | 45,340 |
3 | Ohio State University | 34,470 |
4 | Mercy Health Partners | 31,500 |
Why are companies moving to Columbus?
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.
What is Ohio’s biggest 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 does Ohio produce the most of?
Crops. Ohio has a strong manufacturing base, but it’s also a leader in the production of soybeans, its largest crop, and corn. Greenhouse and nursery products comprise about 11% of Ohio’s total agricultural receipts. Other field crops are wheat, hay, oats, and popcorn, much of it for livestock feed.
What is the most profitable crop in Ohio?
Wheat: $147.9 million
Ohio has 8,639 farms that produced 480,000 acres of wheat in 2015, worth $147.9 million.
What does Columbus Ohio produce?
Ohio’s main cash crops are soybeans and corn. Also important are wheat, oats, hay, fruit, feed, vegetables, livestock, poultry, and dairy products.
How is the economy in Columbus Ohio?
In 2016 the Columbus metropolitan area’s GDP was $130.8 billion, ranking it 29th largest in the U.S. and second largest in Ohio, ahead of Cleveland and just behind Cincinnati.
Where are most farms in Ohio?
Wayne County
Wayne County is home to the most farms, where Cuyahoga County, unsurprisingly, is home to the fewest number of farms. Outside a few pockets of counties, the Northeastern quadrant Ohio has a highest concentration of farms- likely due to farm size and diversification of operations.
What is the richest company in Ohio?
Cardinal Health
What is the most valuable company in Ohio? According to Statista, Cardinal Health was the largest publicly traded company with headquarters in Ohio in 2021. Cardinal Health topped the list with 152.92 billion dollars in revenue.
Is Columbus a good place to work?
Columbus, Ohio is one of those cities that kind of has it all. Midwestern hospitality, affordability, tech jobs, beauty—oh, and amazing ice cream. It’s a great city to work and live in. Many tech workers are choosing to stay in or move to the city for amazing tech jobs in Columbus.
Where can I work in Columbus Ohio?
20 Best Companies To Work For In Columbus, OH
- Vorys, Sater, Seymour and Pease. Zippia Score 4.9.
- Hexion. Zippia Score 4.8.
- Mettler-Toledo International. Zippia Score 4.8.
- Diamond Hill Capital Management. Zippia Score 4.8.
- State Auto Insurance. Zippia Score 4.8.
- Root Insurance. Zippia Score 4.8.
- Nationwide. Zippia Score 4.8.
- Big Lots.
What is a decent salary in Ohio?
How much does an Average make in Ohio? As of Jul 29, 2022, the average annual pay for the Average jobs category in Ohio is $58,369 a year. Just in case you need a simple salary calculator, that works out to be approximately $28.06 an hour. This is the equivalent of $1,122/week or $4,864/month.
What companies are headquartered in Columbus?
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 |
What drives Ohio’s economy?
Production of goods – in construction, natural resource industries, mining, and manufacturing – accounted for 22% of Ohio’s GDP in 2019, higher than the comparable figure for the United States (17%). Private services were 67% of the value of economic activity in Ohio and 70% for the nation.
Why is Columbus Ohio growing so fast?
While the city boasts both the statehouse and the third-largest public university in the nation by enrollment, experts attribute its population growth to more than just that — namely its growing economy, affordable housing and expanding city limits.
Is Ohio a booming?
A fast-growing and fast-moving industry by nature, Ohio’s tech scene has also seen a boom in recent years, with an estimated direct economic impact of $34.5 billion, or about 5.8 percent of the state’s total economy.