Economy

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Economy
3:29 pm
Tue May 7, 2013

Dow Jones Closes Above 15,000 For First Time

Originally published on Tue May 7, 2013 3:24 pm

The Dow Jones Industrial Average closed above 15,000 on Tuesday for the first time in its history.

The Wall Street Journal reports:

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Economy
3:40 pm
Mon May 6, 2013

Kentucky Tourism Up More Than 4 Percent From 2011

Credit Kevin Willis
Visits to bourbon distilleries like Woodford Reserve are a major part of Kentucky's tourism industry.

A new report says the economic impact of tourism in Kentucky grew again last year.

The study reports a $12 billion impact for tourism last year.  That's up about four and a half percent from the previous year. In addition, the report credits tourism for 174,000 jobs and $2.7 billion in wages.

In a statement, tourism officials give partial credit to growth of the Kentucky Bourbon Trail.

The series of distilleries has drawn steady interest since it's inception in 1999, but broke an attendance record last year, drawing over half a million visitors.

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Economy
5:00 am
Mon April 8, 2013

Study Finds Kentuckians Work Three Months Just to Pay Taxes

April 18th is National Tax Freedom Day, the point at which Americans will have earned enough money to pay this year's tax obligations at the local, state, and federal levels.  Elizabeth Malm is an economist with the Washington-based Tax Foundation.  She says Americans this year will work five days later than in 2012 to pay all their taxes.

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