Ohio’s Venture Funding Scene Has Taken Off

15 Nov 2021


This report is a summary of third-party economic research and perspectives to foster communication with business and economic development stakeholders.

Key Economic Insights

  • Global: Global automakers plan to spend over $500B on EVs and batteries.
  • U.S.: U.S. inflation hit a multi-decade high in October as consumer prices rose 6.2%.
  • Ohio: The federal infrastructure bill is expected to bring more than $12B to Ohio projects.

Global Insights

China’s producer price index (PPI) rose 13.5% from a year earlier, the fastest pace in 26 years. The consumer price index (CPI) rose 1.5%, the highest since September 2020. Chinese authorities have ordered coal miners to operate at full capacity and have rolled back restrictions on imports as energy costs surge.

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