Inflation hits highest level in nearly 40 years
Inflation is currently the highest it has been since 1982. Prices on items like food, fuel, rent, cars and more are all increasing significantly across…
Economy
Economic progress and concerns persist as Kentucky closes out 2021, new report shows
A full return to a pre-pandemic economy remains elusive, as the Kentucky Chamber’s new quarterly economic report paints a complex picture of Kentucky’s economy with…
Kentucky has twice as many open jobs as unemployed workers, new government data shows
For every unemployed worker in Kentucky, there are roughly two open jobs, according to new data from the Bureau of Labor Statistics. Data from the…
Kentucky could see another budget surplus, according to preliminary estimates
Kentucky could be looking at another budget surplus for the current fiscal year, based on preliminary revenue estimates. The Consensus Forecasting Group (CFG) met yesterday…
Full economic impact of Delta begins to come into focus, new government data shows
The U.S. workforce shrank last month as the Delta variant surged through the nation, according to new government employment data. The monthly jobs report released…
Ford Motor Company, SK Innovation announce largest economic development project in Kentucky history, creating 5,000 jobs
On Monday, Ford Motor Company and SK Innovation announced plans to invest $5.8 billion in Kentucky to build two electric battery plants, which will create…
Labor Force Shortages and Inflation are Stalling Recovery, Kentucky Chamber Quarterly Economic Report Shows
Kentucky’s economic recovery still has a long way to go, as labor force shortages and inflation create new challenges and threaten to stall forward momentum,…
Delta’s economic impact begins to show, according to new government data
The economic impact of the delta COVID-19 variant is coming into focus with new numbers from the Bureau of Labor Statistics. While economists had forecasted…
Beshear says Kentucky must capitalize on economic potential and ensure infrastructure to support growth at northern Kentucky Chamber event
Kentucky Gov. Andy Beshear told business and community leaders Wednesday the state is experiencing critical momentum for economic growth and addressing infrastructure needs at the…
Kentucky’s population up slightly especially in urban areas, 2020 census shows
Kentucky’s population grew 3.8 percent to approximately 4.5 million people in the last decade, with most growth coming in urban areas, according to new data…