Ohio has the most diversified private sector of any of the battleground states: advanced manufacturing and coal mining; car parts and healthcare; well-regarded research universities and Appalachian poverty; a diversified white-collar business sector and corn and soybean farms. Among the battleground states, it's seen the most job growth in the past year and ranks 12th in the nation. Employment has grown steadily but slowly for three years.
As a rust-belt state, Ohio stands out more for job losses that have occurred over a decade. Employment peaked in 2000. At current rates of job growth, it would take nine more years for Ohio to get back to that level.
The economic cross-currents in Ohio make it difficult for candidates to make statewide appeals. In southeastern Ohio's coal country, miners are up in arms about declining jobs and Governor Romney has taken up their cause. In northwest Ohio, where auto parts companies ship to assembly plants across the border in Michigan, President Obama has touted the bailout of General Motors and Chrysler as a good thing.
Three decades ago, Ohio pioneered public-private research partnerships to boost economic competitiveness – a model that the federal government used and extended under both Republican and Democratic administrations. But Obama's push beyond research into outright loans to clean-energy companies is something that may not go over well with the state's conservative business outlook.
Advantage: Obama, within the margin of error.
