Kristina Slattery
Kristina Slattery
Commissioner
Business Development

Kentucky Cabinet for Economic Development
800.626.2930
502.564.7670
Kristina.Slattery@ky.gov

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Andy Beshear
Governor
Old Capitol Annex
300 West Broadway
Frankfort, KY 40601
Jeff Noel
Secretary
2023-12-22
For Immediate Release
 
Brandon Mattingly
502.782.2006


Kentucky Continues Strong Economic Growth in 2023


The final numbers are in, as Kentucky's strong economic momentum continued into 2023.
In total, Gov. Andy Beshear announced that 180 private-sector new-location and expansion projects are creating more than 8,500 full-time jobs for Kentuckians behind over $4.6 billion in new investments.
The new job creation also represents rising wages in the commonwealth, as the average incentivized wage before benefits came in at $26.67 for the year, marking the first time the state's figure topped $26 in consecutive years.

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