Covington recently released its 2023 economic impact report, which tracks the city’s economic growth and development over the past year.
“I’ve heard people say they can ‘feel’ the energy in Covington,” Covington Business Attraction Manager Susan Smith said in a city announcement. “AGNT [the contracted design studio who made the report] did a great job of capturing it throughout this Impact Report. The momentum continues, thanks to all those who believe and invest in The Cov.”
Highlights from the report include the following:
- 969 new and retained jobs
- $55.9 million leveraged in private investments
- $76,116 in incentives for small businesses
- 22 City-organized ribbon cuttings
- 146,000 square feet: Size of the first new spec industrial building in Covington decades for the new commerce center in Latonia
