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The Kentucky Small Business Tax Credit program offers between $3,500 and $25,000 per year for small businesses that have: Hired and sustained at least one new job in the last year. Purchased at least $5,000 in qualifying equipment or technology.
Manufacturing is the biggest industry in Kentucky, accounting for a fifth of the state's GDP. Coal mining is a major source of income in Kentucky, but controversy over coal's negative environmental impact could change this.
Kentucky's GDP has grown at an annualized rate of 1.2% over the five years to 2023. Moreover, Kentucky's trailing five-year GDP growth ranks it 28th out of all 50 US states. State GDP, or Gross State Product, is a measurement of a state's output, or the sum of value added from all industries in the state.
Manufacturing is the largest single contributor to Kentucky's economy, accounting for nearly one-fifth of the state's gross product.
Every student taught by an effective teacher and every school led by an effective principal. ? Goal: a fair and equitable system to measure teacher and leader effectiveness and act as a catalyst for professional.
What is Kentucky's GDP by Sector? The Manufacturing, Real Estate and Rental and Leasing and Healthcare and Social Assistance sectors contributed the most to Kentucky's GDP in 2023, representing a combined 44.8% of state GDP.
What's Made in Kentucky? Food and Beverages Employment: 50,000. Delicious! ... Plastics and Rubber Employment: 28,000. ... Aluminum Employment: 20,000. ... Aerospace Employment: 18,000. ... Chemicals Employment: 15,000. ... Steel and Iron Employment: 7,000.
Kentucky is also known for its culture, which includes horse racing, bourbon, moonshine, coal, My Old Kentucky Home State Park, automobile manufacturing, tobacco, southern cuisine, barbecue, bluegrass music, college basketball, Louisville Slugger baseball bats, Kentucky Fried Chicken, and the Kentucky Colonel.