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Ohio Valley Economic Outlook Grim As COVID Aid Programs End


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WHITESBURG, Ky. (OVR) — With hundreds of thousands across the Ohio Valley struggling to make ends meet, a suite of coronavirus aid packages, including rent and utility relief funding, eviction moratoriums, and expanded unemployment benefits, is set to expire at the end of December. The consequences could be far-reaching. Poverty rates have soared as some federal programs,… Read More

Piles of coal

ARC Investing Over 15 Million In Ohio Valley Economic Projects

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BOWLING GREEN, Ky. (OVR) — The Appalachian Regional Commission is investing another $43.3 million in communities affected by the downturn of the coal industry. The latest POWER grants from the ARC will support 51 projects in coal-dependent communities, including over $15 million for 20 projects in the Ohio Valley. The investments are going towards projects that will support broadband expansion,… Read More

The Statehouse building

Study: Cutting Public Jobs Due To Pandemic Slows Economic Recovery

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COLUMBUS, Ohio (Statehouse News Bureau) — State agencies were forced to make cuts at the end of Ohio’s fiscal year in June to deal with coronavirus impacts. And in most cases, those have carried over into this current year’s budget. Now a liberal leaning think tank says continuing at that level will slow the economic recovery even further. The study… Read More

A sign at Easton Town Center in Columbus, advertising that stores, bars and restaurants are open following coronavirus closures.

Ohio Businesses Say Economy Isn’t Good But They’re Optimistic

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COLUMBUS, Ohio (Statehouse News Bureau) — Ohio’s businesses say they’re optimistic about the future of the economy, but the coronavirus pandemic continues to have them worried. The Ohio Chamber of Commerce’s Research Foundation second quarter survey of over 400 business leaders shows three quarters plan to add jobs, but the same number said the economic climate is… Read More

The Ohio Statehouse

Effects Of Pandemic On Ohio’s Economy Could Last Years

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COLUMBUS, Ohio (Statehouse News Bureau) — The state’s tax revenue report for July was the first one showing gains in three months. But Ohio’s chief budget officer says she expects the economic effects of the pandemic to last for far longer than the pandemic does – perhaps years. July’s income tax collections were boosted by… Read More

The coal power station on the border between WV and PA

Plan To ‘Reimagine Appalachia’ Touts Jobs, Justice and Sustainability For The Ohio Valley

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MORGANTOWN, W.Va. (OVR) — A coalition of progressive policy and environmental groups has released a “blueprint” that provides a framework for how Ohio Valley communities could reap the benefits of federal action to address climate change and the COVID-19 pandemic. The plan, titled “Reimagine Appalachia” envisions a future economy for the traditionally extraction-based economies of Kentucky,… Read More

Uptown Athens during coronavirus emergency

WATCH: What The Latest Jobs Numbers Say About A U.S. Economic Recovery

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WASHINGTON, D.C. (NewsHour) — The number of weekly jobless claims is the lowest since the economic shutdown began in March, but it remains far above what the U.S. has experienced during other financial crises. Jerome Powell, chairman of the Federal Reserve, said earlier this week that he expects unemployment to remain elevated for years to… Read More

Uptown Athens during coronavirus emergency

ARC Announces COVID-19 Grants for Lenders Helping Small Businesses

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WASHINGTON, D.C. (WVPB) — The Appalachian Regional Commission has announced $3.75 million for banks and other lenders who have lost money during this global coronavirus pandemic. Specifically, the grants are for lenders who work with small or local businesses and nonprofits in the ARC’s 13-state coverage area. In a press release on Monday, the commission stated the… Read More

Uptown Athens during coronavirus emergency

Retail Businesses Can Start Offering Curbside Pickup on Saturday

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COLUMBUS, Ohio (Statehouse News Bureau) — The order from Ohio Department of Health director Amy Acton allows retail establishments to offer “curbside pickup, delivery or appointment-only” service beginning May 2. Customers must be limited to 10 at a time. Gordon Gough with the Ohio Council of Retail Merchants described what that might look like. “Order online,… Read More