2022 Annual Report: Introduction
Capturing Ohio's Generational Opportunity
Profound market and cultural changes are taking place around the world. Yet JobsOhio continues to build a sustainable economic future rooted in our four strategic initiatives: Sites, Talent, Inclusion, and Innovation. Our approach includes diversifying the state’s economic base and expanding the range of industries and products in Ohio. Every move we make brings a return for decades to come.
It's Working.
In 2022, JobsOhio had another remarkable year. We executed hundreds of economic development deals that attracted, retained, or expanded 296 projects in our state. The agreements generated commitments of more than 26,000 jobs and secured a record-setting $1.8 billion in payroll and a high of $31.5 billion in new capital investment.
Between year-end 2010 and Q3 2022, Ohio ranked 8th in employment growth and 21st in growth rate (20.2%) across targeted industries. Leading the way are industries such as logistics, information technology, healthcare, and financial services. During that time period, Ohio has added 203,000 jobs in targeted industries as sector, regional, and local partners continue to compete aggressively for attraction, expansion, and retention projects.