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Development of Ohio’s Utica shale has led to a big increase in spending in the eastern part of the state, but the job gains have been modest at best, according to a new report.
The Cleveland State University study finds that the oil and gas boom is strongest in 15 counties in the eastern and east-central parts of the state, a band that stops short of central Ohio.
In those counties, sales-tax receipts were up 20 percent in 2012 compared with the year before, based on an analysis of data from the Ohio Department of Taxation, the report said.
At the same time, employment in the area was up 0.6 percent in 2012. This is better than the net losses the region had reported as recently as 2010, but exploitation of shale assets has not yet proved to be a jobs bonanza.