President Pianalto gave a brief perspective on the national economy and then described some of the longer-term challenges we have been facing here in Ohio. Finally, she discussed the importance of innovation and human capital to the region's future.

Economists at our Bank have concluded that differences in state income levels over the past 75 years can be explained mostly by two factors: innovation and education. In simple terms, those states that enhance their knowledge base are the ones that are likely to prosper in the future.

President Pianalto gave a brief perspective on the national economy and then described some of the longer-term challenges we have been facing here in Ohio. Finally, she discussed the importance of innovation and human capital to the region's future.

Economists at our Bank have concluded that differences in state income levels over the past 75 years can be explained mostly by two factors: innovation and education. In simple terms, those states that enhance their knowledge base are the ones that are likely to prosper in the future.