Dayton's Business Environment
Dayton is a major logistics center, situated within 500 miles of 60% of America's population and manufacturing capacity. Dayton is home to major industrial, aerospace, and technological/engineering research activity. Many technical innovations and inventions have been developed here, due in part to its proximity to and relationship with Wright Patterson Air Force Base.
Healthcare is also a large part of the area's economy. Area hospitals employ almost 32,000 people, contributing just under $7 billion to the local economy. Health Grades rated Dayton 3rd in the top 50 American for excellence in health care. Many hospitals in the Dayton area are consistently ranked by Forbes, U.S. News and World Report, and Health Grades for clinical excellence.
There is an obvious connection between Dayton and Aviation. The Wright brothers, the Air Force Museum, and the number of aerospace companies are but a few examples. The city is also known for its many patents, inventions, and inventors that have come from the area, most notable being the Wright Brothers' invention of powered flight. In 2008, 2009, and 2010, Site Selection magazine ranked Dayton the #1 midsized metropolitan area in the nation for economic development. Also in 2010, Dayton was named one of the best places in the United States for college graduates to find a job.
Companies based in Dayton include those in the aerospace, automotive, bicycle, confection, publishing, medical, performing arts, pet food, retail, financial, legal, petroleum, retail, robotics, food service, and accounting industries.