Kentucky Tops $10 Billion Mark in Record Year for Economic Development Growth

First time in commonwealth's history

Kentucky is experiencing unprecedented economic momentum, as Gov. Beshear announced this year’s private-sector new-location and expansion projects have exceeded $10 billion in new investments for the first time in the commonwealth’s history with more than 15,200 full-time jobs announced.

“This is not just breaking a past record, which we did more than a month and a half ago, this is adding a zero to anything we have ever seen in the history of the commonwealth,” said Gov. Beshear. “It is a monumental achievement for our state, which represents months of dedication from local and state economic development leaders and businesses across Kentucky. It means that today more than any day in our lifetime – maybe even in our history – Kentucky is trusted by businesses all over the world to truly deliver.”

Through the first 10 months of 2021, economic momentum in Kentucky has exceeded any other full-year totals for investment growth. To learn more, see the full release.