Pick Your Community: | Hopkins | Muhlenberg | Daviess | Christian | Henderson | Lakes | McCracken | Webster
Davis Motor Sales banner ad

Federal Reserve Tells Chamber Executive Owensboro’s Economic Outlook is Ahead of the Curve

owensboro chamber blue 300OWENSBORO, Ky. (7/11/13) – “Owensboro’s housing market was relatively unscathed by the recession of 2008,” Federal Reserve Bank of St. Louis Regional Executive Maria Hampton said as she spoke this morning with the Greater Owensboro Chamber of Commerce at its monthly Rooster Booster meeting.
 
Hampton, the guest speaker at the event, discussed the economic outlook of the Owensboro regional community and the also the US. She began by saying that an economist described Owensboro as the “bright spot of Kentucky and the Eighth District,” a view she later said was influencing studies elsewhere in Kentucky about revitalizing local economic growth. In fact, Hampton described the area’s financial agenda and the emerging trends in unemployment, government spending, and long-term finances as mostly positive when compared to trends in other parts of the state and nation.    
 
“Owensboro has weathered the recession much better than Kentucky and the US,” Hampton said, adding that the Owensboro area “didn’t fall as deep” economically as other areas and the area has also come out of financial burden faster than other regions due to the aggressive approaches used.
 
“Your efforts are reflected in the numbers,” she said.
 
The employment rate in the Owensboro area is steadily improving with 195,000 jobs currently with the unemployment rate coming down “sluggishly”, said Hampton.
 
Hampton was optimistic about the economic growth of the area and suggested that Owensboro “stay visionary.”
 
“It’s important to be nimble and forward thinking,” Hampton said.
 
Also during this morning’s meeting, Mayor Ron Payne told the crowd plans are in the works to hold an All-America City event as part of Friday After 5 tomorrow night. The fountain will be set to shoot water at least 60 feet into the air as part of the festivities.
 
The next Rooster Booster meeting will be held Aug. 1.
 
Taylor Riley
SurfKy News

© Copyright 2014 SurfKY News Group, Inc. All rights reserved. This material may not be published, broadcast, or rewritten without permission. SurfKY News encourages you to share this story by using one of the social media links below.

button coupons
button classifieds

In Other News...

Hopkins County-Madisonville Public Library Happenings and Events

HOPKINS COUNTY, Ky. (12/16/14) — The following events are happening at Hopkins County-Madisonville Public Library. 6… Read More

Dawson Springs Police Reports Released

MADISONVILLE, Ky. (12/15/14) ― The Dawson Springs Police Department released the following arrest reports Monday, Dec.… Read More

Most Read This Week

December 14, 2014 8014

Muhlenberg Pays Homage to U.S. Armed Forces

in Local (Muhlenberg) Top News by Charles W. Riley II, SurfKY News
December 16, 2014 7890

Coal Miner Fatally Injured in Underground Mining…

in Top News For All Sites by Dick Brown
December 12, 2014 7522

Man Allegedly Threatening Medical Staff with…

in Local (Muhlenberg) Top News by Wes Miller
December 15, 2014 4431

Hopkins County Woman Charged Second Time in Two…

in Local (Hopkins) Top News by Charles W. Riley II, SurfKY News
December 11, 2014 4430

Muhlenberg District Court Fines Handed Down

in Local (Muhlenberg) Top News by Charles W. Riley II, SurfKY News
December 12, 2014 4254

Man Allegedly Hits Brother with Pickup Truck…

in Local (Muhlenberg) Top News by Wesley Miller
December 15, 2014 4106

Woman Leads Police on High-Speed Chase in Stolen…

in Local (Hopkins) Top News by Madisonville Police
December 11, 2014 3936

Madisonville Police Arrest Reports - Dec. 11, 2014

in Hopkins News by Madisonville Police Department
December 12, 2014 3685

Man Accused of Public Intoxication, Stealing…

in Local (Hopkins) Top News by Madisonville Police Department
December 15, 2014 3051

Vehicle Careens down 150 Foot Embankment with…

in Local (Hopkins) Top News by Madisonville Police Department

Stories Trending Today

December 16, 2014 7890

Coal Miner Fatally Injured in Underground Mining…

in Top News For All Sites by Dick Brown
December 16, 2014 2100

Highway Crews Pre-Treating Roadways for Potential…

in Hopkins News by Keith Todd
December 16, 2014 2056

Madisonville Police Arrest Reports - Dec. 16, 2014

in Hopkins News by Madisonville Police Department
December 15, 2014 2025

Rich Brings Old, New Together in New Album

in Local (Muhlenberg) Top News by Charles W. Riley II, SurfKY News
December 16, 2014 1953

Muhlenberg Community Hospital Installs Biometric…

in Local (Muhlenberg) Top News by Erin Warren
December 15, 2014 1831

Dawson Springs Police Reports Released

in Hopkins News by Melissa Heflin
December 16, 2014 1805

KFWC Proposes 2015-2016 Deer Season Dates and…

in General News For All Sites by Department of Fish and Wildlife
December 16, 2014 1695

Galloway, Director of Provider Services MCH,…

in Local (Muhlenberg) Top News by Karen Robinson
December 16, 2014 1684

MCH Auxiliary Donates $16,000 for the Renovation…

in Local (Muhlenberg) Top News by Erin Warren
December 16, 2014 1352

Hopkins County Joint Planning Commission 2015…

in Hopkins News by Cindy Young

SurfKY News Group, Inc.
Corporate Office & Studio
1125 Nebo Rd.  •  Madisonville, KY 42431
270.452.2727 (phone)
  •  270.452.2249 (fax)


Contact a member of our staff: www.surfky.com/contact
Copyright © 2014 SurfKY News Group, Inc.  •  Terms of Use  •  Site Map

social fbsocial twsocial yt
social gpsocial flrsocial rss