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 2015 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 This material may not be published, broadcast, or rewritten without permission.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.

3/13 - 16
1 DOW 17,164.95
-251.90 (-1.45%)    
2 S&P 1,994.99
-26.26 (-1.30%)    
3 NASDAQ 4,635.24
-48.17 (-1.03%)    

In Other News...

Central City Crave Movement Makes Impact in Louisville

CENTRAL CITY, Ky. (1/30/15) — Little more than a year ago, Crave Central was a dream of several young people in Central… Read More

Merle Travis Fans Pay Tribute to Thumbpicking Legend

POWDERLY, Ky. (1/31/15) — Merle Travis had to be smiling down from thumbpicking heaven Saturday when numerous musicians… Read More
3/13 - 16

Most Read This Week

January 28, 2015 18034

UPDATED: Several Involved in Two-Vehicle Accident

in Local (Hopkins) Top News by Doreen Dennis, SurfKY News
January 26, 2015 9016

KSP Arrests Two on Child Porn Charges; MPD…

in Top News For All Sites Touching Hopkins by Trooper Stu Recke
January 25, 2015 8543

Dean’s List Announced

in Top News For All Sites Touching Hopkins by Joyce Riggs
January 28, 2015 7192

Nortonville Man Accused of Meth Possession,…

in Local (Hopkins) Top News by Madisonville Police Department/Hopkins County Detention Center
January 26, 2015 6629

School Board Votes 3-2 for Utility Tax

in Local (Muhlenberg) Top News by Charles W. Riley II, SurfKY News
January 25, 2015 6292

Juvenile Hit by Vehicle at McDonald's

in Local (Muhlenberg) Top News by GPD Officer Wes Miller
January 28, 2015 6209

Tax Recall Committee Formed Day After School…

in Local (Muhlenberg) Top News by Charles W. Riley II, SurfKY News
January 29, 2015 6202

Man Charged with Sexual Abuse of Child

in Local (Hopkins) Top News by Doreen Dennis, SurfKY News

Most Read This Month

January 08, 2015 23453

Woman Claiming to be 'Lady Gaga' Tours Town in…

in Top News For All Sites by Madisonville Police Department
January 15, 2015 23059

UPDATE: Fatality Victim's Name Officially Released

in Top News For All Sites by Doreen Dennis, SurfKY News

Stories Trending Today

January 30, 2015 5767

More Than 800 Gather to Encircle HCCHS

in Local (Hopkins) Top News by Tammy Holloway, SurfKY News
January 31, 2015 5753

24-Year-Old Killed in One-Vehicle Collision

in Top News For All Sites Touching Hopkins by Rita Dukes Smith, SurfKY News Director
January 30, 2015 5163

Woman Arrested for Allegedly Attacking Police…

in Local (Hopkins) Top News by Madisonville Police Department/Hopkins County Detention Center
January 30, 2015 2356

No One Left Behind: The Story of 'Sarge'

in General News For All Sites by Lisa Aug
January 30, 2015 2341

Madisonville Police Arrest Reports - Jan. 30, 2015

in Hopkins News by Madisonville Police Department
January 30, 2015 2301

Hopkins County Sheriff's Arrest Reports - Jan.…

in Hopkins News by Hopkins County Sheriff's Office
January 29, 2015 2269

Lt. Gov. Luallen, Housing, Veterans Officials…

in General News For All Sites by Office of the Governor
January 30, 2015 2183

Central City Crave Movement Makes Impact in…

in Local (Muhlenberg) Top News by Paul McRee, SurfKY News
January 30, 2015 2063

WKWIB, GRADD, Owensboro's RAE Get Workforce Grants

in General News For All Sites by Kim Brannock
January 30, 2015 1903

Whitfield Works for Protection of U.S. Waters…

in General News For All Sites by Marty Irby
January 30, 2015 1876

Col. Stephen Trigg Chapter SAR Honors Former…

in General News For All Sites by Geoff Baggett
January 30, 2015 1623

Madisonville Fire Reports – Jan. 30, 2015

in Hopkins News by Doreen Dennis, SurfKY News