Business and the Economy
Census Data Shows Kentucky Economy Looking Bleak
New data from the U.S. Census Bureau on Thursday painted a bleak picture of Kentucky's economic health. Household income is down. Poverty is up. Low-paying jobs are replacing higher-paying jobs. Use of food stamps and publicly funded health care is up. Median household income fell in Kentucky in 2010 from the previous year by $778 and the share of the state's households that earn annual incomes between $10,000 and $25,000 is increasing, according to the data.