Ohio
From Wikinvestor
Ohiois a Midwestern state of the United States. As part of the Great Lakes region, Ohio has long been a cultural and geographical crossroads in North America. At the time of European contact, and in the years that followed, Native Americans in the current territory of Ohio included the Shawnee, Iroquois, Miamis, and Wyandots. Starting in the 1700s, the area was settled by people from New England, the Mid-Atlantic States, Appalachia, and the Upper South.
Prior to 1984, the United States Census Bureau classified Ohio as part of the North Central Region. That region was subsequently renamed as "Midwest" and divided into two divisions. Ohio is now in the East North Central States division. Ohio has the highest population density of any state outside of the Eastern Seaboard, and it is the seventh-largest U.S. state according to population.
Ohio was the first state admitted to the Union under the Northwest Ordinance. Its U.S postal abbreviation is OH; its old-style abbreviation was O. Natives of Ohio are known as Ohioans or Buckeyes, after the buckeye tree.
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Geography
Ohio's geographic location has proved to be an asset for economic growth and expansion. Because Ohio links the Northeast to the Midwest, much cargo and business traffic passes through its borders along its well-developed highways. Ohio has the nation's 10th largest highway network, and is within a one-day drive of 50% of North America's population and 70% of North America's manufacturing capacity. To the North, Lake Erie gives Ohio 312 miles (502 km) of coastline, which allows for numerous seaports. Ohio's southern border is defined by the Ohio River (with the border being at the 1793 low-water mark on the north side of the river), and much of the northern border is defined by Lake Erie. Ohio's neighbors are Pennsylvania to the east, Michigan to the northwest, Ontario Canada, to the north, Indiana to the west, Kentucky on the south, and West Virginia on the southeast.
Climate
The climate of Ohio is a humid continental climate (Koppen climate classification Dfa) throughout most of the state except in the extreme southern counties of Ohio's Bluegrass region section which are located on the northern periphery of the humid subtropical climate and Upland South region of the United States. Summers are typically hot and humid throughout the State, while winters generally range from cool to cold. Precipitation in Ohio is moderate year-round. Severe weather is not uncommon in the state, although there are typically fewer tornadoes in Ohio than in states located in the so-called Tornado Alley. Severe lake effect snowstorms are also not uncommon on the southeast shore of Lake Erie, which is located in an area designated as the Snowbelt.
Demographics
As of 2006[update], Ohio has an estimated population of 11,478,006, which is an increase of 7,321 from the prior year and an increase of 124,861 since the year 2000. This includes a natural increase since the last census of 263,004 people (that is 938,169 births minus 675,165 deaths) and a decrease from net migration of -145,718. Immigration from outside the United States contributed to a growth of 92,101 people, most coming from southeast and south Asia, yet net migration within the country resulted in a decrease of 237,819 people. Ohio has witnessed an increase in the Laotian American and Thai American populations, as well as Asian Indians and Latin Americans.
The center of population of Ohio is also located in Morrow County, in the county seat of Mount Gilead.
As of 2004, Ohio's population included about 390,000 foreign-born (3.4%).
The largest ancestry groups in Ohio are German (25.2%), Irish (12.7%), African American (11.5%), English (9.2%), American (8.5%), and Italian (6.0%).
Economy
Ohio is a major producer of machines, tires and rubber products, steel, processed foods, tools, and other manufactured goods. This is not immediately obvious because Ohio specializes in capital goods (goods used to make other goods, such as machine tools, automobile parts, industrial chemicals, and plastic moldings). Nevertheless, there are well known Ohio consumer items including some Procter & Gamble products, Smuckers jams and jellies, and Day-Glo paints.
There are also numerous automobile plants in Ohio that manufacture cars, most notably the Jeep plant in Toledo, where the vehicles have been made since their initial release in World War II. Honda, Ford, and General Motors also have or had automobile plants in Ohio; in the case of the latter, one of their plants in Ohio (Lordstown Assembly, near Youngstown) is located right off the Ohio Turnpike with its own exit.
Ohio is the site of the invention of the airplane, resulting from the experiments of the Wright brothers in Dayton. (Wright State University located in Dayton is named in their honor.) Production of aircraft in the USA is now centered elsewhere, but a large experimental and design facility, Wright-Patterson Air Force Base has been located near Dayton and serves in the co-ordination of production of US military aircraft. On the base are located Wright Hill and Huffman Prairie, where many of the earliest aerodynamic experiments of the Wright brothers were performed. Ohio today also has many aerospace, defense, and NASA parts and systems suppliers scattered throughout the state.