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 Seats for Forklifts Ohio - Ohio state is found in the Midwest United States. In total area, the state ranks as the 34th largest. The state is the 7th most populous state with almost 11.5 million residents. The state capital is Columbus. The word "Ohio" itself, is derived from the Iroquois word "ohi-yo," that means "great river."
At first, the state partitioned from the Northwest Territory. It was admitted to the Union as the original state under the Northwest Ordinance and as the 17th state on the 1st of March, 1803. Historically, the state of Ohio has been referred to as the "Buckeye State," connecting to the buckeye tree. The people who live within the state of Ohio, sometimes called Ohioans are likewise known as "Buckeyes." According to population density, the state of Ohio ranks ninth among the country and contains seven metropolitan areas with populations of 500,000 or more.
The government of Ohio consists of the Governor led executive branch, the supreme court led judicial branch and the legislative branch led by the Ohio General Assembly. The state of Ohio has the reputation as both a swing state and a bellwether in national elections. Now, Ohio occupies eighteen seats within the United States House of Representatives.
Because Ohio state is geographically situated from the Northeast to the Midwest, there is a large amount of traffic and cargo which pass along its highways through its borders. The location has been helpful, allowing for economic expansion and growth. The state has the 10th biggest highway network within the United States. It is within a one day drive of half of North America's population and 70% of North America's manufacturing capacity.
Many seaports can be found to the north, where Lake Erie gives the state of Ohio 312 miles of coastline. The Ohio River provides the southern border of the state, because the border is at the 1793 low water mark situated on the river's north side. One more large section of the northern border is defined by Lake Erie. Indiana borders Ohio state to the west, Michigan is located to the northwest, West Virginia is on the southeast, Kentucky is on the south, Ontario, Canada is found on the north and Pennsylvania is on the east.
The state of Ohio recently ranked 4th, out of all states for the best business climate during 2009, according to Site Selection magazine. The numbers were based upon a database of business activity. This magazine has likewise awarded the state three consecutive Governor's Cup awards, based on business growth and developments. Ohio's GDP or Gross Domestic Product as of the year 2007 was $466 billion, ranking the state as seventh biggest of all of the 50 states and the District of Columbia.
The Small Business and Entrepreneurship Council ranked the state of Ohio, the best business friendly tax systems in their Business Tax Index 2009. These numbers include a top corporate tax along with a capital gains rate that have the state ranked sixth at 1.9%. Ohio was ranked 11th by the council for best friendly-policy states according to their Small Business Survival Index 2009. The state came in 7th for best litigation climate and the Directorship's Boardroom Guide likewise ranked Ohio state third overall for best business climate.
Based on the U.S. News and World Report's rankings of 2010, the state of Ohio has five of the top 115 colleges within the United States. The same magazine ranked the state 8th for best high schools in the year 2008. What's more, Forbes ranked Ohio State 8 for best regulatory environment during 2009.
In the month of May year 2010, the state's unemployment rate was 10.7 %. Ohio's employment rate is expected to grow 5 percent from 2006 to 2016, a net gain of 290,700 jobs. Ohio's per capita income averages $34,874 and as of the year 2007, Ohio's median household income is $46,645. These figures place 13.1% of the population below the poverty line, which is slightly above the national rate of 13%.
Making up 18.3% of Ohio's Gross Domestic Product, is the financial and manufacturing sectors. The state is the leader in "green" economy within the US and the bioscience sector is the biggest within the Midwest. Within the U.S., the state of Ohio is the biggest producer of fabricated metals, appliances, electrical equipment, plastics and rubber. Currently, 5,212,000 Ohioans are employed by salary or wage.
Ohio's largest sector by employment is the utilities/trade/transportation sector. This employs 19.4% of the state's workforce or 1,010,000 Ohioans. The health care and education sector hires 15.8% or 825,000 Ohioans. The Government sector follows hiring 787,000 Ohioans or 15.1%, while the manufacturing business hires 669,000 Ohioans or 12.9%, and technical and professional services employs 638,000 Ohioans 12.2%.
Ohio's manufacturing sector is the third biggest of all fifty states in terms of GDP. Based on statistics in 2008, Fifty nine of the United States' top 1000 publically traded businesses are headquartered within the state of Ohio. Some of these companies include: AK Steel, Abercrombie & Fitch, Wendy's, Goodyear Tire & Rubber and Proctor & Gamble and Timken. Ohio even has its very own lottery, just as forty one other states do. Throughout the course of its 34 year history, the Ohio Lottery has contributed more than $15.5 billion to public education.
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