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CINCINNATI, Ohio
Population: 298,165
Unemployment: 4.6 percent
Project: Housing and infrastructure investment
In a bold and ultimately shrewd move, Cincinnati invested in infrastructure and housing while in the midst of the 2008 recession, a decision that paid off as businesses are attracted to an area offering low costs with all the amenities of bigger cities. When a long-time local business considered moving to a larger city, its owners estimated costs would increase 20 to 40 percent. They stayed in town and through a local tax credit expanded while adding 40 jobs.
