Wed December 26, 2012
Economist: Slow, Steady Growth in Kentucky in 2013
Kentucky’s economic growth in 2013 could mirror the advances made this year.
That’s according to Ken Troske, who directs the Center for Business and Economic Research at the University of Kentucky.
Troske predicts another two to three percent in economic growth. He says this year’s economic improvement came at a slower than anticipated pace.
“It’s certainly not the growth that you would expect coming out of a recession," Troske said.
"We’re a couple years since we came out of the recession and we still just haven’t seen the growth that you would like to see coming out of a recession. I still think we’re maybe ayear or two away from that.”
Troske says an economic downtown in Europe could hurt Kentucky’s export business and offset any advances.