Economy of Kentucky State

June 29, 2010US State Economiesby EconomyWatch

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Demography And Social Indicators

Kentucky is one of the boarder states of the S central United States. It is bordered by West Virginia and Virginia; Tennessee; the Mississippi, across which lies Missouri; and Illinois, Indiana, and Ohio.

The state has a total geographical area of 40,409 sq mi; with total land area of 39,728 sq mi; and totals acres forested 12.7 mil.

Demography And Social Indicators

Demography and Social Indicators:

The total estimated population of the state as of July 2004 was 4,145,922 in comparison to 4,117,827 in July 2003. The net change in the population of the state in 2002-03 was 0.7%. The density of the population of the state is calculated at 103.7 per sq mi.

With regards to the Racial distribution of the state in (2000): 90.1% white, 7.3% Black, 0.7% Asian, 0.2% Native American.

Business and Economy of Kentucky

The Gross state product of the state for 2003 was US$129 billion with a per-capita personal income of US $26,575 for the same year.

Among the various sectors of the economy, industries contribute the highest income to the state. The Chief industries of the state are manufacturing, services, finance, insurance and real estate, retail trade and public utilities.

Important Manufacturing goods of the state are transportation and industrial machinery, apparel, printing and publishing, food products, electric and electronic equipment.

Major crops of the state are tobacco, corn and Soybean.

The Livestock of the state (Jan 2004): 2.32 mil. Cattle/calves; (Jan 2003): 380,000 hogs/pigs; (Dec 2003): 7.2 mil Chickens (excluding the broilers); and 275.9 mil. broilers.

Energy Productions In Kentucky
The electricity production of the state; (est. 2003, kwh by source): Coal: 76.4 billion; Petroleum: 138 mil; Gas: 231 mil; Hydroelectric: 3.9 bil; Other 22 mil.

Tourist Attraction Of Kentucky
The Important tourist places of the state are as follows:

  • EKentucky Derby;
  • Louisville;
  • Land between the Lakes Natl. Recreational Area, Kentucky lake and lake Barkley;
  • Mammoth Cave Natl. Park;
  • Lake Cumberland;
  • Lincoln's birthplace, Hodgenville;
  • My Old Kentucky Home State Park, Bardstown;
  • Cumberland Gap Natl. Historical Park, Middlesboro;
  • Kentucky Horse Park, Lexington;
  • Shaker Village, Pleasant Hill.

Colleges, Schools and Universities In Kentucky

  • Alice Lloyd College
  • Asbury College
  • Bellarmine University
  • Berea College
  • Brescia University
  • Center College
  • Clear Creek Baptist Bible College
  • Cumberland College
  • Eastern Kentucky University
  • Georgetown College
  • Kentucky Christian College
  • Kentucky Mountain Bible College
  • Kentucky State University
  • Kentucky Wesleyan College
  • Lexington Theological Seminary
  • Louisville Bible College
  • Louisville Presbyterian Theological Seminary
  • Mid-Continent College
  • Morehead State University
  • Murray State University
  • Northern Kentucky University
  • Pikeville College
  • Spalding University
  • Thomas More College
  • Union College
  • University of Kentucky
  • Western Kentucky University

Further Readings