Swyft Filings also provided in-depth research based on proprietary data to determine which industries encourage positive activity for the Ohio economy, and other reasons why.
- 1) Construction.
- 2) Retail.
- 3) Real Estate.
- 4) Transportation.
- 5) Entertainment.
- 6 & 7) Consulting and Health Care (tied)
- 8) Professional Services.
What are the 3 major industries of 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 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’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.
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.
Who is the biggest 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 |
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 |
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.
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.
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 creates growth in Ohio?
Along with healthcare, social assistance is the fastest-growing industry. By 2022, this segment is expected to lead in state growth, adding more than 166,000 jobs. As the state continues to grow, retirement and birth statistics follow suit, creating a higher demand for social assistance businesses.
Is Ohio Good for business?
Ohio offers a welcoming business climate that attracts global investment and fosters growth in businesses large and small. Ohio’s simplified tax structure, central location, and affordable cost of doing business are catalysts for economic diversification and prosperity.
What city in Ohio has the best economy?
- Metropolitan areas dominate Ohio’s economy.
- Columbus is the primary source, achieved in part because of its more diversified employment mix.
- APPEND CES.
- TABLE OF CONTENTS.
- Rank 2017 (of 381)
- Table 1: Gross Metropolitan Product of Ohio Metro Areas.
- Rank 2017 (of 381)
What is 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.
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 highest paid job in Ohio?
Consultant And Sales Representative
Detailed List Of Highest Paying Jobs In Ohio
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Consultant And Sales Representative | $209,300 |
| 2 | Revenue Officer | $209,088 |
| 3 | Chief Executive Officer/chief Technology Officer | $201,912 |
| 4 | Board Certified Orthodontist | $185,818 |
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.
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.
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 farming makes the most money?
Though soybeans are the most profitable crop for large farms, fruit trees and berries generate the most profit of all farm sizes. As farm size increases, labor costs to tend and harvest fruit trees and berries become too high to maintain profits. Berries often produce multiple harvests in one growing season.