The economic stimulus bill is about to create a $113 MILLION DOLLAR SPEND SPREE in North Central Ohio!   Approximately $328 MILLION DOLLARS are being handout out by the government to citizens in the 10 county area and it is predicted that 40% of that will be spent within the next few months.

The Economic Tidal Wave that is about to begin:

Taxpayers who receive their refunds through direct deposit will begin receiving payments by May 2, with all such deposits expected to be made within two weeks.  Then, starting by May 16, the rest of the 130 million stimulus payments will start going out as checks sent through the mail. Stimulus checks will be sent out in the order of the last two digits of the Social Security number used on a tax return. For joint filers, the first Social Security number listed will determine the timing of the couple's rebate check.  The IRS said the last of the rebate checks should be mailed by July 11.

The economic stimulus bill enacted last month provided for $600 checks for most individuals and $1,200 for couples filing jointly, with a $300 per-child credit added on. The stimulus payments will start phasing out for individuals with adjusted gross incomes higher than $75,000 and couples making more than $150,000.

Lower-income workers, Social Security recipients and veterans  making too little to pay income taxes would receive $300 checks as well, as long as they have at least $3,000 in income from various sources in 2007.

But those who owe back taxes or have certain other debts such as delinquent child support payments and student loans will have their rebates garnished.

Americans are expected to quickly spend 40 percent of the federal economic stimulus check they receive by late June, providing a $43 billion boost to the economy, according to a survey conducted for the National Retail Federation.

COUNTY 18+ Pop <18 Pop Total $  40% 

Richland

81,801

29,593

$57,958,500

$23,183,400

Ashland

34,875

12,860

$24,783,000

$9,913,200

Crawford

28,608

10,496

$20,313,600

$8,125,440

Huron

35,508

15,983

$26,099,700

$10,439,880

Morrow

21,771

8,425

$15,590,100

$6,236,040

Knox

38,066

13,352

$26,845,200

$10,738,080

Marion

42,625

15,019

$30,080,700

$12,032,280

Wayne

72,353

28,829

$52,060,500

$20,824,200

Wyandot

14,303

5,300

$10,171,800

$4,068,720

Seneca

36,465

13,741

$26,001,300

$10,400,520

$328 Million dollars handed out and $113 Million Dollars  is going to be spent in OUR AREA in the coming months from the Stimulus Checks !

 $113 Million Dollars is a huge chunk of money in just our area! Is your business "top of mind". That is what it has to be to get your piece of the $113 Million Dollars! WMFD TV, WVNO Mix 106.1FM, WRGM ESPN 1440AM, CNN Headline News Local Edition, WOHZ TV, WMFD.com, POPtv and POPradio are here to help you get your share.  There is NO BETTER TIME TO ADVERTISE THAN NOW.   Our company is the only company in the market that can deliver your marketing message from living room to the cash register.  From the area most listened to radio stations, to the areas only commercial television stations, to the areas highest rated website to the areas only local content in-store digital signage company and in-store audio marketing systems, we will deliver your "Business Economic Stimulus Package" better than anyone else in the market.

Contact us here at the Communications Center to being your steps in Economic Success!

The Communications Center

419-529-5900 ext 0

comments@wmfd.com

*Population estimates adjusted to include unemployment rates
and non-qualifying income levels

Make plans now to capture your share.

Sources:  Associated Press 3/17/2008, US Census Bureau, Ohio Dept. of Job and Family Services

© 2008 WMFD.com