This report is one of the important ways that the Center for Business and Economic Research fulfills its mission to examine various aspects of Kentucky’s economy as directed by the Kentucky Revised Statutes (KRS 164.738). The analysis and data presented here cover a variety of topics that range from a discussion of Kentucky’s current economic climate to a broad presentation of factors affecting the economy.
The report covers numerous dimensions of Kentucky’s economy including the effects of COVID-19. As the pandemic approaches its third year, COVID-19 continues to dominate the economic narrative. Many aspects of the economy have improved substantially since the early months of the pandemic. Consumer demand is strong. Where possible, businesses have expanded payrolls and ramped up production to meet this demand. As of October 2021, Kentucky had recovered 84 percent of the jobs lost during the initial months of the pandemic. The total value of goods and services produced in Kentucky reached pre-pandemic levels in 2021.
Digital Object Identifier (DOI)
Clark, Michael W.; Ziliak, James P.; and Sheather, Simon, "Kentucky Annual Economic Report 2022" (2022). Kentucky Annual Economic Report. 27.