New Economic Numbers Show Columbus Celebrating 'Renaissance'
One of the best barometers of the Columbus economy can be measured at Buckeye Donuts.
How many made, how many customers, and how many sold?
Jimmy Barouxis has become an expert on these economic trends. He owns the family run donut shop that has been a fixture in Columbus since 1969.
“It's definitely better than it was two years ago, definitely,” Barouxis said. “It seems we're on an upward trend.”
After several rough years, he said things are looking up.
“More people have jobs. All of my friends are currently employed, and we're able to give our part-time employees full time if they want it,” Barouxis said
New numbers back that up. The index of leading economic indicators shows central Ohio way above the other metro areas.
Columbus is up nearly 18,000 jobs in the last year. The unemployment rate is 5.4 percent, well below the 7 percent state average.
Mayor Michael Coleman has a word for his cities' economy.
“Renaissance. I think the city of Columbus is in a renaissance,” Coleman said.
The Democratic mayor said the renaissance includes manufacturing and service-oriented businesses.
“I'm proud of our city. We're getting all kinds of national acclaim and attention,” Coleman said.
It’s a similar message echoed at the state level by Republican Gov. John Kasich.
“We are succeeding here in Ohio of turning our state around and it is fantastic,” Kasich said last month.
So, as the economy improves, who does Jimmy think deserves the credit?
“Gov. Kasich and Mayor Coleman. Both," said Barouxis.
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