N ov 2007. A pr 2008. S ep 2008. Feb 2009. Jul 2009. D ec 2009. M ay. 2010. Wilmington, OH Unemployment January 2007-May
COLUMBUS DAYTON
60
30
45
WILMINGTON
CINCINNATI
10,200 32,800
1 in 3
employment at DHL & Airpark
employment in Clinton County
jobs in Clinton County
December, 2009
25.0
Wilmington, OH Unemployment January 2007-May 2010
20.0
15.0
10.0
5.0
Source: U.S. BEA, 2010
May 2010
Dec 2009
Jul 2009
Feb 2009
Sep 2008
Apr 2008
Nov 2007
Jun 2007
Jan 2007
0.0
LOSS OF MAJOR EMPLOYER HOMOGENOUS ECONOMY WHAT HAVE BEEN CLINTON COUNTY’S ISSUES? BRAIN DRAIN IDENTITY/VISION
Plugging the Leaks
Local Response
WEALTH FLOWING IN
WEALTH FLOWING OUT
Wealth Inflow Wealth Outflow • • • • •
Box big/chain stores Mall/On-line shopping Imports Energy Food
• Income from nonlocal businesses • Exports • Tourism
DHL Days
Today
Plugging the Leaks Local Business Local Food Local Energy Local Visioning Local People
Plugging the Leaks
Local Business
For every $100 spent: $68 stays in the local economy when spent at a locally owned business $43 stays in the local economy when spent at a big box/chain store
Civic Economics, 2008
How has it changed?
45% reported that “buying
local was important to them 5 years ago…”
96% reported that “buying
local is important to them today.”
Plugging the Leaks
Local Food
Expand reach of value-added producers throughout Clinton County.
Aggregate production in Clinton County to better serve demand for “local produce” regionally.