Document Type

Report

Publication Date

7-2022

Research Center

Center for Economic Development

Abstract

This study examines the changes in four of Ohio’s economic sectors from 2019 to 2020 in order to analyze the effect of COVID-19 Ohio supply chains. Through this analysis, our goal is to identify changes during the pandemic and determine future growth opportunities in Ohio’s supply chain. The four sectors chosen to be studied are High Tech and Innovation, Agriculture, Manufacturing, and Health Care. Each of these four sectors includes several industries; High Tech and Innovation includes 6, Agriculture includes 19, Manufacturing includes 328, and Health Care includes 10.

To best understand the overall changes in the sectors from 2019 to 2020, the Regional Input, Gross Input, and Value Added was compared for each sector. As can be seen, Value Added declined in every sector from 2019 to 2020, with High Tech and Innovation reporting the largest decrease of 4%. Additionally, High Tech and Innovation, Manufacturing, and Health Care also saw a decline in Regional Input and Gross Input. Manufacturing reported the largest decline in both sectors, with a 10% decrease for Regional Input and a 9% decrease for Gross Input. However, the Agriculture sector reported a 20% increase in Gross Input and a 22% increase in Regional Input between 2019 and 2020.

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