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Current News and Events
Support for Regional Collaboration for Economic Development Activities
Grows in Northeast Ohio
A
recent survey of Northeast Ohioans shows that residents are in support
of regional collaboration on economic development efforts. In the
survey, titled the NEO Barometer, participants overwhelmingly
identified their county as being part of Northeast Ohio (98 percent)
and expressed strong support for a regional approach to job creation
(87 percent favor counties working together on this issue), creating a
plan for economic growth (86 percent), supporting businesses (82
percent) and attracting international businesses (82 percent).
The poll also found that Northeast Ohioans are less optimistic about
the economy today than they were in a similar survey conducted one year
ago.
In the most recent survey, 38 percent of respondents from Cuyahoga,
Summit, Stark, Lorain, Medina, Geauga, Lake and Portage counties rated
the region's economic conditions as negative, compared to 30 percent
last year. Additionally, only 17 percent rated economic conditions as
positive; a four percent drop from the previous survey. When asked
about the performance of the economy in five years, respondents saying
they thought it would be better fell from 47 percent last year to 36
percent in 2005.
Expanding the survey to also include Ashland, Ashtabula, Carroll,
Columbiana, Mahoning, Trumbull and Wayne counties, 44 percent of
respondents from all 15 counties rated economic conditions in Northeast
Ohio negatively.
Respondents number one concern was jobs, with participants stating that
creating new jobs and attracting new businesses to move to the region
should be the highest priorities for economic development activities in
Northeast Ohio. When asked to rate how Northeast Ohio is doing at
keeping jobs from leaving the area and creating new jobs, on a scale
from very good to very bad, 58 percent gave a negative rating for
keeping jobs from leaving and 46 percent reported a negative rating for
creating new jobs. However, among individuals who reported knowing "a
great deal" about economic development activities, the more positive
are their feelings about how the region is doing at keeping jobs from
leaving (33 percent doing a good job versus 10 percent), creating new
jobs (31 percent versus 14 percent), helping businesses grow (40
percent versus 20 percent) and attracting new businesses (33 percent
versus 16 percent).
While respondents reported negative feelings about the region's
economy, they did recognize the area's assets, including the quality of
the colleges and universities (77 percent positive rating), a place to
live for sports fans (74 percent positive rating), access to airports
(73 percent positive rating) and availability of cultural opportunities
(69 percent positive rating).
Respondents also expressed support for a regional approach to
government. With the exception of the City of Akron, more than 50
percent of respondents from 15 counties believe that regional
government would be beneficial to the cities of Akron and Cleveland.
Residents of the City of Cleveland think that regional government would
help cities like Akron and Cleveland (63 percent) as do non-Cleveland,
Cuyahoga County residents (60 percent). Though still supportive, City
of Akron and non-Akron, Summit County residents are less optimistic
about regional government's ability to help cities. Forty two percent
of City of Akron residents thought regional government would be
helpful, 31 percent thought it would hurt and 28 percent were unsure.
In non- Akron, Summit County, 51 percent thought it would be helpful
while 23 percent thought it would hurt and 26 percent did not know.
Other key survey findings include:
- Residents of different races are equally
likely to believe that regional government would help our
cities - Caucasians (52 percent), African Americans (54 percent).
- Residents of Portage (27 percent positive)
and Geauga (26 percent positive) counties are the most
positive about the economy.
- City of Cleveland residents were least
positive about Northeast Ohio's economy (55 percent rated it
negatively).
The Gallup Organization conducted the Northeast Ohio Barometer of
Economic Attitudes in partnership with The Fund for Our Economic
Future. The Cleveland Foundation, as part of its ongoing commitment to
the Fund, made a grant to Cleveland State University to conduct the NEO
Barometer.
Survey questions covered general attitudes about the future as well as
thoughts on a variety of important issues. While questions on several
specific initiatives were city-specific, the survey also explored more
broadly the attitudes regarding economic challenges faced by our region.
The Gallup Organization's Cleveland office collected the data from
January 20, 2005 to February 12, 2005, interviewing 2,205 adults by
telephone. The margin of error is +/-2.1 percent. The data were
weighted to reflect Census estimates for the region, based on county,
gender, age and race.
The complete survey report is available on The Fund for Our Economic
Future's Web site at http://www.futurefundneo.org .
The Fund for Our Economic Future is an unprecedented collaboration
among the philanthropic sector of Northeast Ohio to promote economic
development. The Fund was launched in February 2004 as the
philanthropic sector's response to the many pressing long term economic
challenges facing Northeast Ohio (e.g. business retention/expansion,
entrepreneurship, technology innovation, workforce readiness,
international trade). ( http://www.clevelandfoundation.org/ )
The Gallup Organization leverages its deep understanding of human
behavior and opinions to provide organizations with performance
strategy consulting. Gallup's 2,500 professionals deliver services at
client organizations, through the Web, at Gallup University's campuses,
and in 40 offices around the world. ( http://www.gallup.com/ )
The Cleveland Foundation is a public charity dedicated to enhancing the
quality of life in Greater Cleveland. It is the oldest and
second-largest community foundation in the nation. Its establishment in
1914 is cited as one of 10 events that most heavily influenced the
development of the nonprofit sector in the 20th century and it
continues to be a leader in its field. The Foundation has assets of
approximately $1.6 billion and in 2004 awarded more than $80 million in
grants and low-cost loans to Cleveland area nonprofit organizations.
Since its inception, it has provided more than $900 million to
nonprofit organizations and causes.
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Source: The Fund for Our Economic Future
February 25, 2005
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