Ohio Earns Another Top 5 Business Climate Ranking

9 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: 50% of the world population has now received at least one dose of a COVID-19 vaccine.
  • U.S.: Total nonfarm payroll employment rose by 531,000 in October; unemployment rate fell to 4.6%.
  • Ohio: Ohio was ranked #4 business climate and #7 safest state.

Global Insights

Leaders of the Group of 20 major economies agreed to set a minimum tax rate of 15% on the profits of large businesses, and to shift tax revenues to where companies sell to consumers rather than where they are based.  China’s manufacturing activity contracted for the second straight month in October.

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