Industry
Health care has now surpassed manufacturing has the largest employing industry within our District. Districtwide, those employed in the health-care industry make up about 16 percent of the workforce, whereas the comparable figure for the country is about 15 percent. The share of employment the District devotes to manufacturing (about 13 percent) is still greater than the attendant shares for the United States (roughly 11 percent).
The share of earnings that comes from the health-care and manufacturing industries is much larger in the District than it is in the nation. Also worth noting is that even though more people in the District work in the health-care industry, the share of overall earnings is slightly higher for the manufacturing industry.
The District’s Top Ten Fortune 500 Companies
| Company |
2011 rank |
City
|
Revenues
(billions of U.S. dollars) |
|---|---|---|---|
| Cardinal Health |
19
|
Dublin, OH
|
98.6
|
| Kroger |
25
|
Cincinnati, OH
|
82.1
|
| Proctor & Gamble |
26
|
Cincinnati, OH
|
79.6
|
| Macy’s |
107
|
Cincinnati, OH
|
25
|
| Nationwide |
127
|
Columbus, OH
|
20.2
|
| Goodyear Tire & Rubber |
139
|
Akron, OH
|
18.8
|
| United States Steel |
148
|
Pittsburgh, PA
|
17.3
|
| PNC Financial Services Group |
151
|
Pittsburgh, PA
|
17
|
| Progressive | 164 |
Mayfield Village, OH |
14.9 |
| American Electric Power |
169
|
Columbus, OH
|
14.4
|
Source: Fortune Magazine.