Last year, Kentucky announced more than 350 new location and expansion projects, which are projected to create nearly 15,000 jobs and more than $3.7 billion in new investment. Kentucky is at its lowest unemployment rate at 5.7 percent in seven years - down from 10.7 percent in 2008.
Last year, nearly 70 percent of the state’s announced new investment and new jobs came from existing Kentucky businesses looking to expand.
Site Selection, an Atlanta-based publication, has rated the states annually since 1978. Corporate real estate analysts regard the rankings as an “industry scoreboard.”
