It should be a merry Christmas for Kentucky retailers. Many are expecting sales to be up this year. "This is the first time in the six years that we've done this survey that we've seeing the kind of optimism among our membership," says Laura Leigh Goins with the Kentucky Retail Federation.
Owensboro's tourism economy took a pounding after its largest hotel, the Executive Inn Rivermont, closed in 2008 as the national economy started to falter, but now things are looking better. The Owensboro-Daviess County Convention & Visitors Bureau, which is funded primarily by a hotel room tax, brought in $587,567 at the end of this fiscal year --more than the $512,000 budgeted.
A wet-dry vote for a precinct in Owensboro is set for next month. The Messenger-Inquirer reports voters in the city’s 13th precinct will have the chance to cast ballots December 11th on whether to continue to allow alcohol sales or to make the area dry. The precinct includes the athletic arena known as the Sportscenter and nearby Moreland Park.
Delta Airlines is planning to reduce the number of flights between Memphis, Nashville, Knoxville, and Birmingham. A company spokesman told the Commercial Appeal that the flights are no longer profitable, because passenger demand has slackened.
The Better Business Bureau says consumers can take some basic steps to help reduce their chances of becoming a victim of a scammer or hacker. Cyber Monday has become a major shopping day in the United States, and the BBB recommends that shoppers use strong, unique passwords that include numbers, letters, and symbols.
Kentucky Governor Steve Beshear visited Bowling Green Tuesday with a double dose of good economic news. Kobe Aluminum is expanding operations and investing $11 million to construct a new building and purchase new equipment.
A new report concludes that the addition of an NBA team in Louisville wouldn’t make economic sense for Kentucky’s largest city. The report concludes a professional basketball team would add an estimated $2.4 million dollars to the local economy in the form of tax revenue and job creation. But that wouldn’t make up for the potential costs of luring a team to the city.