November 26, 2013
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At a sold-out 2014 Regional Economic Outlook, presented by the Cincinnati USA Partnership for Economic Development and the Northern Kentucky Chamber of Commerce, over 400 people in the business community gathered to hear the latest trends at the newly renovated Hyatt Regency in downtown Cincinnati.
The annual Outlook, a comprehensive report which highlights the current year along with trends of the following 12 months, is compiled by the Regional Economic Advisory Committee. The Committee is comprised of five economic development experts, including Brian Richard, VP, Economics and Sales, Macy's, Inc., who spoke on behalf of the Committee's findings. In an article posted by the Business Courier, Brian Richard's highlights included key points on the following:
- Job growth – Cincinnati’s should rise to 1.4 percent in 2014 from 1.2 percent this year. But the U.S. employment is targeted to rise 1.8 percent.
- Unemployment – Cincinnati, 6.7 percent in 2014 vs. 7.1 percent in 2013. U.S., 6.9 percent.
- Manufacturing employment – Cincinnati, +0.6 percent in 2014 vs. +0.4 percent in 2013. U.S., +0.8 percent.
The keynote speaker, Roger Selbert, Ph.D, reiterated his belief that the region is on pace to meet his positive national outlook.
View pictures of the event
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