The Economic Outlook for Kentucky Continues to Get Stronger

Governor Andy Beshear said the planned and ongoing creation of nearly 2,750 full-time jobs continues to strengthen the commonwealth’s economic outlook. This is almost double the 1,430 jobs announced throughout the same span last year. He stated that businesses announced plans for thirty-three projects in the state comprising almost $1.5 billion in planned investment. Last year, across all new jobs the state announced, Kentucky recorded an average $22.11 per hour without any benefits. That was the second-highest average since 2015. Government officials say the state’s April sales tax receipts set an all-time monthly record at $486.5 million, as did vehicle usage tax receipts at more than $64 million.

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