Jump to content
Main menu
Main menu
move to sidebar
hide
Navigation
Main page
Recent changes
Random page
Help about MediaWiki
Special pages
Niidae Wiki
Search
Search
Appearance
Create account
Log in
Personal tools
Create account
Log in
Pages for logged out editors
learn more
Contributions
Talk
Editing
Columbus, Ohio
(section)
Page
Discussion
English
Read
Edit
View history
Tools
Tools
move to sidebar
hide
Actions
Read
Edit
View history
General
What links here
Related changes
Page information
Appearance
move to sidebar
hide
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
==Economy== {{Main|Economy of Columbus, Ohio}} [[File:AEP Building from Rhodes State.jpg|thumb|upright|The [[AEP Building]], headquarters to [[American Electric Power]]]] Columbus has a generally strong and diverse economy based on education, insurance, banking, fashion, defense, aviation, food, logistics, steel, energy, medical research, health care, hospitality, retail and technology. In 2010, it was one of the 10 best big cities in the country, according to Relocate America, a real estate research firm.<ref name=CBJ>{{Cite news|title=Ranking: Columbus among top 10 big cities|url=https://www.bizjournals.com/columbus/stories/2010/04/19/daily28.html|date=April 21, 2010|access-date=December 26, 2022|newspaper=Columbus Business First|archive-date=May 28, 2022|archive-url=https://web.archive.org/web/20220528145048/https://www.bizjournals.com/columbus/stories/2010/04/19/daily28.html|url-status=live}}</ref> According to the [[Federal Reserve Bank of St. Louis]], the GDP of Columbus in 2019 was $134 billion (~${{Format price|{{Inflation|index=US-GDP|value=134000000000|start_year=2019}}}} in {{Inflation/year|US-GDP}}).<ref>{{cite web |url=https://fred.stlouisfed.org/series/NGMP18140 |title=Total Gross Domestic Product for Columbus, OH (MSA) (NGMP18140) | FRED | St. Louis Fed |publisher=Fred.stlouisfed.org |date=January 2001 |accessdate=November 20, 2021 |archive-date=January 5, 2022 |archive-url=https://web.archive.org/web/20220105064440/https://fred.stlouisfed.org/series/NGMP18140 |url-status=live }}</ref> During the [[Great Recession]] between 2007 and 2009, Columbus's economy was not impacted as much as the rest of the country, due to decades of diversification work by long-time corporate residents, business leaders and political leaders. The administration of former mayor [[Michael B. Coleman]] continued this work, although the city faced financial turmoil and had to increase taxes, allegedly due in part to fiscal mismanagement.<ref>[http://thisweeknews.com/live/content/politics/LIVE_results/2009races/11/columbus_council.html?sid=104 "Recount Still Possible"] {{webarchive|url=https://web.archive.org/web/20110717051114/http://thisweeknews.com/live/content/politics/LIVE_results/2009races/11/columbus_council.html?sid=104 |date=July 17, 2011 }}, This Week Community Papers, Retrieved November 13, 2009.</ref><ref>[https://archive.today/20120905171030/http://www.nbc4i.com/cmh/news/local/local_govtpolitics/article/the_final_push_for_issue_one/19305/ NBC 4, Columbus Budget Shortfall, Tax Increase] Retrieved July 26, 2009.</ref> Because Columbus is the state capital, there is a large government presence in the city. Including city, county, state and federal employers, government jobs provide the largest single source of employment within Columbus. In 2019, the city had six corporations named to the U.S. Fortune 500 list: [[Alliance Data]], [[Nationwide Mutual Insurance Company]], [[American Electric Power]], [[L Brands]], [[Huntington Bancshares]] and [[Cardinal Health]] in suburban [[Dublin, Ohio|Dublin]].<ref name="GDP">[http://usmayors.org/metroeconomies/0110/charts.pdf "Top 100 U.S. metro economies"] {{Webarchive|url=https://web.archive.org/web/20100625175418/http://usmayors.org/metroeconomies/0110/charts.pdf |date=June 25, 2010 }}, U.S. Conference of Mayors. Retrieved April 22, 2010.</ref><ref>{{cite web| url = https://www.bizjournals.com/dallas/news/2019/06/10/alliance-data-systems-ohio.html| title = Plano set to lose Fortune 500 HQ as Alliance Data Systems shifts to Ohio - Dallas Business Journal| access-date = June 11, 2019| archive-date = November 25, 2020| archive-url = https://web.archive.org/web/20201125023459/https://www.bizjournals.com/dallas/news/2019/06/10/alliance-data-systems-ohio.html| url-status = live}}</ref> Other major employers include schools (e.g., Ohio State University) and hospitals (among others, [[Wexner Medical Center]] and [[Nationwide Children's Hospital]], which are among the teaching hospitals of the [[Ohio State University College of Medicine]]), high-tech research and development such as the [[Battelle Memorial Institute]], information/library companies such as [[OCLC]] and [[Chemical Abstracts Service]], steel processing and pressure cylinder manufacturer [[Worthington Industries]], financial institutions such as [[JPMorgan Chase]] and [[Huntington Bancshares]], as well as [[Owens Corning]]. Fast-food chains [[Wendy's]] and [[White Castle (restaurant)|White Castle]] are also headquartered in the Columbus area. Major foreign corporations operating or with divisions in the city include Germany-based [[Siemens]] and [[Boehringer Ingelheim|Roxane Laboratories]], Finland-based [[Vaisala]], Tomasco Mulciber Inc., A Y Manufacturing, as well as [[Switzerland]]-based [[ABB]] and [[Mettler Toledo]]. The city also has a significant fashion and retail presence, home to companies such as [[Big Lots]], [[L Brands]], [[Abercrombie & Fitch]], [[Designer Brands|DSW]] and [[Express, Inc.|Express]]. ===Food and beverage industry=== [[File:North Market.jpg|thumb|[[North Market]]]] [[North Market]], a public market and [[food hall]], is located downtown near the Short North. It is the only remaining public market of Columbus's original four marketplaces. Numerous restaurant chains are based in the Columbus area, including [[Charleys Philly Steaks]], [[Bibibop Asian Grill]], [[Steak Escape]], [[White Castle (restaurant)|White Castle]], [[Cameron Mitchell Restaurants]], [[Bob Evans Restaurants]], [[Max & Erma's]], Damon's Grill, [[Donatos Pizza]] and [[Wendy's]]. Wendy's, the world's third-largest hamburger fast-food chain, operated its first store downtown as both a museum and a restaurant until March 2007, when the establishment was closed due to low revenue. The company is presently headquartered outside the city in nearby [[Dublin, Ohio|Dublin]]. [[Budweiser]] has a major brewery located on the north side, just south of I-270 and Worthington. Columbus is also home to many local [[micro breweries]] and pubs. Asian [[frozen food]] manufacturer Kahiki Foods was located on the east side of Columbus, created during the operation of the [[Kahiki Supper Club]] restaurant in Columbus. The food company now operates in the suburb of Gahanna and has been owned by the South Korean-based company [[CJ CheilJedang]] since 2018.<ref>{{Cite web|last=Eaton|first=Dan|date=August 27, 2018|title=Frozen food maker Kahiki getting a new owner|url=https://www.bizjournals.com/columbus/news/2018/08/27/frozen-food-makerkahiki-getting-a-new-owner.html|access-date=February 22, 2021|website=bizjournals|archive-date=September 20, 2023|archive-url=https://web.archive.org/web/20230920170315/https://www.bizjournals.com/columbus/news/2018/08/27/frozen-food-makerkahiki-getting-a-new-owner.html|url-status=live}}</ref> [[Wasserstrom Company]], a major supplier of equipment and supplies for restaurants, is located on the north side.
Summary:
Please note that all contributions to Niidae Wiki may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Encyclopedia:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)
Search
Search
Editing
Columbus, Ohio
(section)
Add topic