Major announcements and industry growth power the second-highest mark for announced private sector investment in state history The commonwealth’s surging economy eclipsed yet another milestone as the calendar turned to 2026, as the best stretch of economic growth in state history has now reached five years. Under Gov. Andy Beshear’s administration, Kentucky has reached new […]
Tag: economy
Posted inNews
NKY’s workforce is shrinking. How will the region respond?
What you need to know “Everyone that’s going to enter the labor market in the next 15 years has been born,” said Janet Harrah, senior director of the Center for Economic Analysis and Development at Northern Kentucky University. Harrah met with LINK nky to discuss ongoing labor and workforce trends in Northern Kentucky, which in […]
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To compete, region must lean into assets
What you need to know America’s economy is rapidly changing, and Northern Kentucky’s business leaders don’t want to be caught with their heads in the sand. Automation, artificial intelligence, educational changes, trade wars and other looming challenges threaten to upend the status quo, as transformative technologies and geopolitical conflicts become part of everyday life. While […]
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Manufacturing CEOs share passion for industry with deeps roots in Northern Kentucky
With more than 50,000 people employed in advanced manufacturing in Northern Kentucky, this industry and its employees are a major contributor to the region’s economy. The advanced manufacturing sector led BE NKY Growth Partnership’s project wins, announced jobs and capital investment in 2024, project wins and announced jobs in 2023, and project wins and capital […]
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NKY economists share insights, projections for local, national economy in 2024
As the year draws to a close, local economic analysts are reviewing the country’s and region’s current economic conditions, offering new insights into what the approaching year may hold. On Tuesday, Northern Kentucky University economist Janet Harrah and Huntington Bank Chief Investment Officer John Augustine shared their insights on how national economic trends could affect […]
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First time home buyers face steeper climb in NKY market
This story originally appeared in the March 31 edition of the weekly LINK Reader. To get these stories first, subscribe here. Buyers are returning to the market faster than inventory, and realtors are seeing an uphill battle for renters looking to transition to homeownership. Northern Kentucky native Thomas Hedger is looking to move back to […]
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Gov. Andy Beshear touts Northern Kentucky’s role in commonwealth’s economic growth
In front of a room full of Northern Kentucky’s prominent business leaders and politicians, Kentucky Gov. Andy Beshear touted how the region has been instrumental in helping shape the commonwealth’s economic recovery in the post-COVID years. The NKY Chamber of Commerce hosted their Government Forum this week with Beshear being the keynote speaker. The purpose […]
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Businesses in Kentucky took the seventh lowest amount of PPP Loan money
Businesses in Kentucky accepted the seventh lowest amount of Payment Protection Program money in the country, per a study released by smartestdollar.com. PPP Loans came as a result of the COVID-19 pandemic and the ensuing economic crisis that followed. The pandemic’s negative downstream effects on the United States economy caused the government to pass a […]
Posted inPolitics
Consumer prices hit 41-year high
On Tuesday, consumer prices hit a 41-year high as prices rose 8.5 percent in March. The White House said they expected this to happen due to the Russian invasion of Ukraine. Still, opponents say this record inflation has been coming as the economy has been artificially inflated due to several large spending bills by both […]
Posted inPolitics
NKY gas prices rise as world oil market feels effects of Russian invasion of Ukraine
At 2:43 p.m. Thursday, Ron’s Sunoco Services Center in Covington was selling gas for $3.29 per gallon. It will presumably raise higher in the coming weeks as Americans are preparing for more economic uncertainty. Across the region, Northern Kentuckians are feeling the effects of rising gas prices in their wallets as the world’s geopolitical landscape […]