economics

Business
10:45 am
Mon December 29, 2014

Looking To 2015, Economists See 5 Reasons To Celebrate

Target shoppers Kelly Foley (from left), Debbie Winslow and Ann Rich use a smartphone to look at a competitor's prices while shopping shortly after midnight on Black Friday, in South Portland, Maine.
Robert F. Bukaty AP

Originally published on Mon December 29, 2014 9:39 am

Each December, economists make predictions. And each new year, they get hit by unexpected events that make them look more clueless than prescient.

This year's bolt out of the blue was the plunge in oil's price, which no one saw coming.

Still, top economists' forecasts did get a lot right for 2014. One year ago, most were predicting healthy growth, tame inflation, low interest rates, rising stock prices and declining unemployment — and that's just what we got.

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Environment
3:23 pm
Wed January 23, 2013

Data Released From Comprehensive Survey of Kentucky's Horses

Credit www.flickr.com

Kentucky is home to around 242,400 horses, according to new data released from a statewide survey. From June to October of last year, researchers with the National Agricultural Statistics Service counted equines across the state, ranging from thoroughbreds at large farms to ponies in people’s backyards.

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Politics
8:16 am
Tue September 11, 2012

Debate continues on Kentucky's economic climate

Graph of supply and demand model
Wikimedia Commons

The federal stimulus package remains a debated item among policy analysts with varying political perspectives.  The subject came up during K-E-T’s Kentucky Tonight Monday.  Jason Bailey with the Kentucky Center for Economic Policy says without the recovery act, the nation would still be in full recession.  He admits there’s still room for economic growth.  “But the reason it’s not growing fast enough,” Bailey says, “is there’s not enough demand.  It’s not about business confidence, it’s about consumer demand.  And there’s not enough consumer demand because there are l too many Americans tha

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