Kentucky State Profile

Report Page Length: 5-8
Published: October 2009
   
   
Chapters Include:
The Big Picture Employment Data
Major Industry Update Local Real Estate Summary
Website Resources
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Kentucky State Profile Excerpt

Unemployment hits record high and is among worst in the nation; despite spending cuts, budget shortfall increases as income and sales tax revenue decline; relatively low property values keep homeowners' property tax costs among lowest in US.

  • State job growth fell 4.7% in August 2009 from a year ago; national job growth fell 4.4%.
  • State unemployment averaged 11.1% in August 2009; the national average was 9.7%
  • Personal income fell 3.4% to $134 billion in Q2 2009 from a year ago.
  • Tax revenue fell 7.7% in Q2 2009 from the previous year.
  • Exports fell 17.7% to $9.6 billion in the first seven months of 2009 from a year ago.
 
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