Columbus Region Facts and Figures
  • Columbus, the state capital and largest city in Ohio, is the 15th largest city in the U.S.
  • Columbus is the fastest growing city in the Midwest and was first in the Midwest to recover all jobs lost to the recession
  • With one of the highest concentrations of college students in the nation, the Columbus Region's 59 college and university campuses enroll 136,000 students annually
  • No single industry sector represents more than 18 percent of employment, resulting in an exceptionally stable economy
  • Economic base sectors are headquarters and business services, international business, logistics, manufacturing, and science and technology

Headquarters & Business Services
  • Financial activities accounted for $28.0 billion in economic output in 2014, and professional and business services accounted for $16.1 billion
  • Columbus' office space is 40 percent cheaper than Chicago and 60 percent cheaper than New York
  • The Columbus location quotient of 6.7 compared to the U.S. is higher than both the New York and Los Angeles MSAs, each at 3.5 and 3.2 respectively (ESRI, 2015)
    • Columbus is the third largest U.S. metro for fashion designers, behind only the aforementioned

International Business
  • More than 450 internationally-owned companies employ nearly 60,000 people in the Columbus Region
  • 109 different languages are spoken throughout the Columbus Region
  • Japan, the United Kingdom and Canada are the Columbus Region's largest foreign investors

Logistics
  • KPMG ranks Ohio No. 2 in the nation in effective tax rate for new distribution centers
  • Fisher College of Business at The Ohio State University is ranked No. 3 and No. 4 among undergraduate and graduate, supply chain and logistics programs nationwide
  • 4,183 logistics and distribution operations employ over 80,000 people in the Columbus Region
  • The Columbus Region is within a 10-hour truck drive to 47 percent of the U.S. population, 47 percent of the manufacturing capacity and 48 percent of U.S. headquarter operations
  • Rickenbacker Inland Port is a dynamic, international logistics center home to:
    • Direct rail connection to the Virginia ports via the Heartland Corridor as well as other major markets including Seattle, Los Angeles, New York and Central Mexico
    • Rickenbacker International Airport, one of the world's largest cargo-dedicated airports, which continues to expand its international freighter service such as the addition of weekly Cargolux and Cathay Pacific Airways flights between Rickenbacker and Hong Kong

Manufacturing
  • $12.5 billion in economic output was generated by manufacturing in 2015
  • Manufacturers experienced a 52 percent increase in productivity (output per worker) from 2001 to 2015
  • Honda of America Mfg., Inc is located in the Columbus Region, along with an extensive network of its suppliers, and leads Ohio's automotive industry.

Science & Technology
  • Battelle, the world's largest contract research and development organization, and The Ohio State University, the third largest university in the nation, spend a combined $6 billion in research annually
  • Ohio has one of the lowest effective tax rates for new research and development facilities
  • The Columbus Region is home to the nation's largest angel investor group

For more information regarding the Columbus Region please visit the Columbus 2020 Team at ColumbusRegion.com