Dollar's Fall Helps Ohio, but at a Price

Summary


The fall of the dollar is not all bad. Manufacturers who are dependent on exports are seeing sales increase. Their products are more affordable overseas.

This comes, of course, after a long period in which U.S. manufacturers have been losing business to foreign competition. In the first few years of this decade alone, the country lost 3 million manufacturing jobs. Almost no place saw as much loss as Ohio.

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Extract


Dollar's Fall Helps Ohio, but at a Price

Since then, however, manufacturing output has actually been growing faster than the national economy: 12.4 percent versus 10.8 percent...

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