 Columbus is the capital of the U.S. state of Ohio. Columbus earned its nickname "The Arch City" because of the dozens of metal (formerly wooden) arches that spanned High Street at the turn of the twentieth century. The arches illuminated the thoroughfare and eventually became the means by which electric power was provided to the new streetcars. The arches disappeared with the streetcars, but are being brought back to certain areas for their historical interest. (Information provided by Wikipedia .)
If you are looking at visiting, Columbus certainly offers the best to its visitors.
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Columbus Ohio Economy Expected to Resume Economic Growth in 2010 |
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COLUMBUS, OH, January 07, 2010 /24-7PressRelease/ -- Employment in the Columbus, Ohio region may decline early in 2010, but these declines will be offset by employment growth later in the year, according to the Columbus Chamber's Blue Chip Economic Forecast released at the Columbus Metropolitan Club. Year-to-year net economic growth is predicated to be 0.1 percent, or 800 jobs, compared to 1.8 percent decrease in 2009. The Columbus region includes the Metropolitan Statistical Area (MSA) of Delaware, Fairfield, Franklin, Licking, Madison, Morrow, Pickaway and Union Counties.
"Columbus MSA employment declined in 2009, but much less than average," said Bill LaFayette, Ph.D., vice president, economic analysis, Columbus Chamber. "The region's loss compares favorably to the likely 3.7 percent U.S. decline. This has been the case throughout the recession."
The strongest labor growth is expected in business and professional services, healthcare,private education, and transportation and utilities. The construction and manufacturing sectors are expected to suffer the largest declines.
"Columbus MSA employment should enjoy growth in the second half of the year- mostly or completely offsetting declines in the first half," said Lafayette. "The net effect will show average employment for the year at 0.1 percent higher than in 2009."
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Columbus Maintains Triple A Bond Rating |
For Immediate Release
September 14, 2009
Contact: Dan Williamson, Mayor’s Office, 645‐5300
John Ivanic, City Council, 645‐6798
Columbus Maintains Triple‐A Bond Rating
Columbus officials today applauded the most recent city bond rating from Moody’s Investor Services. Moody last week affirmed the city’s Aaa bond rating and declared a stable outlook on the City of Columbus General Obligation Bonds. Columbus is the only large city to enjoy the top bond rating from all three major rating agencies. City Auditor Hugh J. Dorrian will be meeting with the other two agencies, Fitch and Standard and Poor’s in the coming weeks.
“This rating is a testament to the sound management practices we have continued to practice, even through very tough times,” said Mayor Michael B. Coleman. “This demonstrates we have been good stewards of the taxpayers’ money, and it allows us to save them millions in the years to come.”
“Thanks to the citizens of Columbus for recognizing the needs for more funds to continue services,” Auditor Dorrian said. “The acceptance of the income tax is what made this Aaa possible.”
“The Aaa bond rating is the highest stamp of approval for municipalities throughout the country and no other city as large as Columbus has achieved this distinction,” said City Council President Michael C. Mentel. “It is independent verification that we manage public funds responsibly, the way citizens and business owners hope to manage their own finances.”
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