On behalf of the Center for Economic Analysis & Development, Haile/US Bank College of Business, Northern Kentucky University, greetings and welcome to the Kentucky Regional Economic Analysis Project. Using the interactive regional economic tools of analysis at your disposal on this website, we invite you to conduct your own research to examine and assess changing economic conditions and trends of your county or region of interest.
Haile/US Bank College of Business
Northern Kentucky University
The Northern Kentucky University Center for Economic Analysis and Development is a an essential component of the region's economic development process by conducting high-quality, high-profile, objective research on issues related to enhancing the community's current and future economic well-being.
This website features data and regional economic tools of analysis covering the 120 Kentucky counties and Kentucky's 16 metropolitan statistical areas (MSAs). To further enhance the investigation of the Kentucky economy in a regional context, it also exclusively compiles the data and introduces tools of analysis for conducting research relating to Kentucky's 15 Area Development Districts (ADDs) as defined by the Kentucky Council of Area Development Districts.
Area Development Districts in Kentucky have been in existence over thirty-five years. Conceptually, they grew out of the efforts of local elected officials and citizens in the Commonwealth to try and find collaborative means with which to deal with problems that beset their communities. The combination of federal programs and state enabling legislation provided a national strategy and funding mechanism that allowed the concepts to become reality in the late 1960's and early 1970's.
The Area Development Districts, as they now exist, serve as forums, clearinghouses, technical centers and as conveners for the region. Unlike many other organizations structured along multi-jurisdictional lines, the ADDs have both federal and state statutory authority. Accordingly, Kentucky's ADDs correspond with the Federal EDA (Economic Development Administration) Economic Development Districts (EDDs).
If your interests align with examining broader trends across the Kentucky's regional landscape, apply the interactive diagnostics available at the "click of a mouse" and select from among an assortment of principal indicators of major importance:
Investigate a topic all too often overlooked relating to how the changing mix and role of property income, transfer payments, earned income, and their contributions to growth, have transformed the Kentucky regional economy against the backdrop of changes nationwide.
The cornerstone of the Kentucky Regional Economic Analysis Project is the annual data compiled by the Regional Income Division of the Bureau of Economic Analysis (BEA), U.S. Department of Commerce encompassing more than 4 decades−from 1969 to 2011.
To compare and assess Kentucky's economy in contrast with other states of your choosing, enlist the use of the "Comparative Trends Analysis" in the United States Regional Economic Analysis Project