economy

Focus on Business: Matt Bellis on 3-D Scanning

Jul 28, 2014

Science is creating jobs in Lexington.  Seikowave is a technology company focused on three dimensional scanning. The company is a working example of the University of Kentucky’s efforts to establish a high-tech sector of the central Kentucky economy. Here’s Tom Martin’s conversation with Seikowave founder and CEO, Matt Bellis.

Pablo Alcala / Lexington Herald Leader

Democratic Gov. Steve Beshear has signed an order to plug a $91 million hole in Kentucky's $9.5 billion state budget.

State officials announced the shortfall last week following sluggish collections on state income taxes. Beshear's order Wednesday cuts just $3 million in state spending. Beshear made up the rest by transferring money from other sources, including $21.2 million from the state's reserves.

State officials said they had few options to make up the deficit because the shortfall came at the end of the fiscal year when most of the money had already been spent.

Nicholasville is the fifth fastest growing city in Kentucky and Jessamine County was the tenth fastest growing county, according to the latest U.S. Census.  What does this growth look like and mean?

Discussing it with Tom Martin is Amy Cloud, CEO of the Jessamine County Chamber of Commerce.  In this role, Cloud is on the forefront of many issues raised by the expansion Jessamine is now experiencing.

Paul Coomes is a retired Emeritus Professor of Economics at the University of Louisville and a consultant for the Kentucky Chamber of Commerce. He is recognized as one of the most knowledgeable and experienced economists in the Commonwealth. He spoke with Tom Martin about current economic conditions.

On this week's edition of Kentucky Tonight, host Bill Goodman and guests will discuss jobs and the economy.  The program which airs "live" on KET Monday night will be re-broadcast Tuesday morning at 11:00 on the WEKU Stations.

On this week's edition of Kentucky Tonight, host Bill Goodman and guests will discuss jobs and the economy.  The program that airs "live" Monday evening at 8:00 on KET, repeats Tuesday morning at 11:00 on 88.9 WEKU and our network of stations in Central and Southeastern Kentucky.

Kentucky continues to show positive gains in state revenue receipts.  Kentucky Public Radio’s Tony McVeigh has the latest tax collection numbers.