As 2013 draws to a close, the Kentucky Chamber of Commerce has released a report on the state’s economic conditions. The study, conducted by the Chamber’s Senior Economic Advisor Dr. Paul Coomes, looks at data from local fiscal reports and federal databases from 2007 to 2013. The data covers wage and salary growth, job growth, and housing market indicators. Download the report at kychamber.com/economicreport.
“This data shows where Kentucky’s economy stands now and compares it to pre-recession levels,” said Chamber President and CEO Dave Adkisson. “Paul Coomes has done an great job of taking regional economic data to give us an excellent overview of how Kentucky is regaining its footing after the recession.”
The data, while relevant to Kentucky as a whole, provides specific information about the following regions across the state: Bowling Green, Hopkinsville, Henderson, Lexington, Owensboro, Northern Kentucky, Elizabethtown, Richmond, Paducah, Somerset, Ashland, and Louisville.
Coomes is a emeritus professor of economics at the University of Louisville and a special consultant to the Urban Studies Institute at U of L. His area of expertise is regional economics, especially Kentucky and the Louisville region. He has been informing policy decisions through applied research in Louisville for 25 years.