Kentucky-Fried… economic development

Like Alabama, Kentucky was once considered a ‘New Brunswick’ of the United States. It was a backwater, rural place with low incomes, uneducated folks and the like.

Well, times, they are a changin’. From 1990 to 2000, the state added 10% to its population and that growth rate is continuing.

While the state has suffered decline in some of its traditional industries, it has aggressively pursued new ones. For example, the state attracted Toyota in the mid-1990s.

Now, Fidelity Investments just announced they would be adding an additional 1,500 to 2,000 jobs to their facility in Northern Kentucky.

That’s the kind of job announcement that we need here.

Will we see it anytime soon.

Maybe. Maybe not.