The Latest: ‘The End Is Near’: A New Report Card for Kentucky’s Livable Communities
Posted On June 18, 2021
Kentucky lawmakers have a new report card on how the state’s economy is performing.
The new report cards from the state legislature’s Office of Legislative Services and the Kentucky Budget and Management Agency rank the state on a scale of 1-100, with 100 being the worst.
The Kentucky Budget Office, which administers the report cards, is expected to release the new scores in the next few weeks.
The new scorecard will provide lawmakers and residents with a better idea of how well Kentucky is doing.
The state ranks among the top five worst in economic development, with the average gross annual growth rate of 1.7% since 2010, according to the state.
Kentucky ranked among the worst states in a range of economic indicators.
Its median household income is below the national average, and the median home value in the state is less than the national median.
The report cards have been criticized by some lawmakers, who argue the scorecards are not accurate enough to gauge the state of Kentucky’s economy and that Kentucky has not made progress in addressing its economic challenges.