Central Ohio has long been the economic engine of the State of Ohio. The State Capital, one of the largest universities in the country, reasonable costs of living, comparatively low crime rates and a vibrant community combined with thriving passenger and freight airlines, a well developed Interstate system and rail connections, and a close proximity to other major metro areas all contribute to the Central Ohio area being a thriving place to do business.

Here are some 2015 forecasts for Central Ohio from a variety of resources:

Ohio Department of Transportation – They are forecasting a 5 year construction cost inflation rate of 1.5%, and a positive outlook for 2015.

The Columbus Dispatch – Reported on an expected increase in Central Ohio employment of 2.1%, slightly ahead of the country as a whole.

Electrical Contractor Magazine – Is forecasting increased construction in nearly every sector of the building marketplace.

Columbus Business First – Reports a projected increase in employment in Central Ohio of 1.5%

 The NAIOP  – Reports that demand for industrial space shows no signs of letting up.

All these forecasts and reports point toward a growing construction market in Central Ohio.

Insurance Agencies of Ohio specializes in insuring contractors. From commercial General Contractors (GCs) and homebuilders to one-man artisan contractor shops, we have a program tailored specifically for the construction industry.

We also focus on loss control, risk management and workers compensation issues for the construction industry.

Contact Us to learn more.

About Insurance Agencies of Ohio

Insurance Agencies of Ohio is a trusted and well-respected family-owned independent insurance agency in Worthington, Ohio. The agency has been protecting their central Ohio clients with comprehensive insurance programs for over 50 years. Insurance Agencies of Ohio specializes in preferred personal insurance, business insurance, home health care, construction, manufacturers, dentists, workers compensation and insurance risk transfer programs.

 

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