Bowling Green Holds Number One Rank in Economic Development
An Unwavering Economic Stance
In the advent of economic enhance, Kennedy’s beloved city Bowling Green safeguards its victory lap, holding its rank as the #1 in economic development for the 11th consecutive year in a row. The city has boasted an unwavering economic stance, which has but fueled the essence of the city.
A Governor’s Cup Glory
The acknowledgement was brought forth by the esteemed industry scoreboard, Site Selection Magazine. The magazine takes an in-depth analysis of real estate corporate standings, ultimately ranking them. Its circulation stretch reaches an impressive 42,000 executives residing in the corporate site selection decision-making roles.
The city held a premium spot in the “Tier 3 metros” part of the 2023 Governor’s Cups with a total of 23 marked economic projects. Bowling Green’s Mayor Todd Alcott deciphers the achievement as a victory stretched across our entire community.
A Corporate Beacon in Progress
Ron Bunch, Bowling Green’s Area Chamber of Commerce’s president credited a handful of the economic development towards wordly corporate companies having invested. Bowling Green was positioned second in projects per populace. Not only this, the city also retained a high-ranking spot for total projects in the south-central region – brushing aside population metrics.
Kentucky Bathes in Economic Boom
Last year, Kentucky brought forth 180 new-location and expansion announcements. The fruits of these projects occasioned $4.6 billion in new investments brings forth nearly 8,600 jobs. Lt. Gov. Jacqueline Coleman heralded Kentucky as an supposed economic boom with Bowling Green as its nucleus. The Lt. Governor speaks of the paramount growth witnessed in the region which further acted as the propellant thrusting Kentucky ahead as a commonwealth. Moreover, Kentucky neared the third rank nationally for economic projects per populace and was celebrated as the first rank in the south-central region.
Other Awards and Recognition
It wasn’t just Bowling Green that walked away with the glory. Other laurels also resonated through the commonwealth as Louisville secured sixth rank nationally for its projects per population. This glory resonated even further as Cincinnati/Northern Kentucky secured eighth place and Lexington/Fayette County acquired seventh place in the “tier 2 per capita” rankings.
The Onward Economic Uprise
The acknowledgment and rankings reveal a resilient upward trajectory of the local economy. The immense economic growth sprung forth from the heart of Kentucky, Bowling Green, propels the state forward. The recognition attracted a plethora of businesses, thereby creating a plethora of jobs. All in all, the numbers reveal a promise, a promise of an upward economic forecast, with a beaconing prospect for an even greater tomorrow.