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Key Metrics |
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State GDP
Unemployment
Domestic Migration
State Government
State-Local Tax Burden
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Key Companies |
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Development Trend Indicator: Neutral |
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Business interests on the defensive as job growth slides to bottom. |
CEO Comments |
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“I have plants in Kentucky, Indiana and Ohio. Indiana is by far the best of the three for business climate. Ohio is gaining in recent years. But Kentucky remains mired in the past in terms of education and labor relations. And the state treasury’s own fiscal condition is ominous—at some point in the future that will make things even worse for business in Kentucky.”
“Kentucky has the most unrealized potential due to its location and resources. But the lack of any real courage in the state’s leadership allows the business and education environment to continue to be dominated by organized labor, and the state’s fiscal health is dismal. The results are a compelling testimony as Kentucky lags the nation in education, personal income and fiscal health. … businesses can expect to pay the price in the next five to ten years.” |
Based on CEO Survey by ChiefExecutive.net
Sources:
Bureau of Economic Analysis
Bureau of Labor Statistics
NewGeography.com
The Tax Foundation