Columbus Business First Power Breakfast | 2016 | Kenny McDonald

POWER BREAKFASTFEBRUARY 18, 2016

STOCK MARKETVOLATILEWORLDWIDE

PLUNGING OIL PRICES

LOW UNEMPLOYMENTSKILLS DEFICIT

79 MONTHS OFECONOMIC EXPANSION

BOOMERS RETIRINGMILLENNIALS SURGING

CAPITAL INVESTMENTNET NEW JOBS PER CAPITA INCOME

Goal: 150,000Pace: 187,797

Goal: $8BPace: $11.69B

Goal: 30%Pace: 46%

Current: 111,113 Current: $7.11B Current: 17%

COLUMBUS 2020:A REGIONAL GROWTH STRATEGY

2014–2015 RECAP

216 PROJECTANNOUNCEMENTS

151 EXPANSIONS65 ATTRACTIONS

$3.26BINVESTED

14,000+NEW JOBS

$50KAVERAGE JOBCREATED/RETAINED

BUSINESS MISSIONS125+

2016: STARTING STRONG

ACTIVE150 50 FOREIGN-OWNEDCOMPANIESPROJECTS

%

MANUFACTURING, IT, E-COMMERCEALL STRONG

FASTEST JOB GROWTH IN THE MIDWEST15.7%

15.2%

14.3%

12.6%

11.7%

10.3%

9.4%

8.7%

7.6%

6.4%

6.3%

5.1%

DetroitIndianapolis

Louisville

MinneapolisCincinnati

Kansas City

ChicagoCleveland

Pittsburgh

MilwaukeeSt. Louis

Columbus

4.6%4.2%4.2%

2.9%2.6%

1.5%1.0%

0.9%0.6%

0.1%0.0%

-0.6%

FASTEST POPULATION GROWTH IN THE MIDWEST

MinneapolisIndianapolis

Kansas City

LouisvilleCincinnati

Milwaukee

ChicagoSt. Louis

Detroit

PittsburghCleveland

Columbus

TOP 10 IN THE U.S. FOR POPULATION AGE 25-34

Salt Lake CitySan Diego

Seattle

DenverSan Francisco

Washington, D.C.

ColumbusLos Angeles

Virginia Beach

Austin

15.1%

15.2%

15.2% 15.5%

15.7%

15.9%

16.0%

16.1%

16.3%

17.5%

Only 7% of counties in the U.S. (214 of 3,069) have recovered to prerecession levels of total employment, unemployment rate, size of the economy, and home values.

RECOVERY BEYOND THE RECESSION

Seven of these counties are in the Columbus Region.

It is not necessary to change.Survival is not mandatory. -W. Edwards Deming

“ ”

MEETING THE WORKFORCE CHALLENGE

INCREASING GLOBAL TRADE AND INVESTMENT

DEVELOPING COMPETITIVE INFRASTRUCTURE

ACCELERATING HIGH-GROWTH OPPORTUNITIES

INCREASING MANUFACTURING COMPETITIVENESS

High expectations are the key to everything.

-Sam Walton“ ”

THANK YOU

COLUMBUSREGION.COM