Ohio's Economic Growth Matched Nation's Last Year

By: The Associated Press Email
By: The Associated Press Email

COLUMBUS, Ohio (AP) - Newly released numbers show Ohio matched the growth of the national economy last year.

That makes the fourth straight year that growth in the Buckeye State either matched or surpassed the national average after trailing the nation for years heading into the Great Recession.

That's according to federal data released Wednesday by the Bureau of Economic Analysis.

The statistics show the Ohio economy grew by 1.8 percent in 2013, ranking 26th among the states. However, the growth last year was less than the past three years.

IHS Global Insight economist Karl Kuykendall says the strong growth rate that Ohio saw in the previous three years wasn't sustainable, given the state's demographics.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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