Kentucky Economy


The U.S. economy shrank by 33% from April to June, the worst quarterly plunge ever.

Yet, in Kentucky, bankruptcy filings actually dropped. 

J. Tyler Franklin / WFPL

  With Kentucky’s economy slowing to a trickle during the coronavirus pandemic, the state’s already cash-strapped coffers and services are going to take a big hit.

via Associated Press

Republican Gov. Matt Bevin touted Kentucky's economic performance under his leadership Friday while Democratic challenger Andy Beshear promoted his plans to swiftly reverse the incumbent's decisions on health care and education if he's elected.

The Tax Foundation Business Tax Climate Index

A new report from the Tax Foundation ranks Kentucky’s Business tax climate 33rd in the nation. The foundation hopes the report will serve as a guide while both the state and federal governments consider tax reform.

Sergey Kuzmin / 123rf Stock Photo

Veteran economist Chris Bollinger is predicting 2.2% economic growth across Kentucky in 2017.

  The Kentucky Supreme Court has struck down Louisville’s minimum wage ordinance in a 6-1 decision, saying that the city doesn’t have the authority to set a minimum wage above the level set by the state.

Sergey Kuzmin / 123rf Stock Photo

State budget officials say tax collections for Kentucky’s General Fund grew by nearly 4% in the past fiscal year, fueled by strong sales and individual income tax receipts.

Chris Potter - / Flickr (Creative Commons License) (CC BY 2.0)

A new report is offering a snapshot of how Kentucky’s economy has fared since the end of the national recession. 

In a report prepared for the Kentucky Chamber of Commerce, University of Louisville Economics Professor Paul Coomes says the Bluegrass State now has 20,000 jobs above it's pre-recession peak. 

Flickr Creative Commons

Gov. Steve Beshear on Monday offered a positive financial review to members of Kentucky’s higher education community. 

Beshear admitted he’s a bit envious of Kentucky’s next governor. 

That envy comes as Governor Beshear predicts a bright revenue future.  He addressed participants at the Conference on Postsecondary Education Trusteeship.  


Kentucky businesses will save about $165 million on federal unemployment taxes after state officials paid off a close to a billion dollar federal loan early.