Business Journal Editorial: Promises Made, Promises Kept?
YOUNGSTOWN, Ohio -- A 50% success rate is nothing to cheer about. According to the front-page story in the MidMay edition of The Business Journal, half of the 94 projects that received enterprise zone tax abatements from the city of Youngstown between 1991 and 2017 failed to meet their job creation promises. One in four, in fact, generated no net new jobs. This story is the first in a series of investigative reports resulting from painstaking research by The Business JournCopyright 2023 The Business Journal, Youngstown, Ohio.