December 2023
Louisville is experiencing a robust phase of economic growth, attracting major companies, an influx of new residents and visitors, and national recognition.
Louisville ranked among the top five performing markets for rent growth in the country, with a 3.1% change from the previous year.
Louisville tops the nation for fastest job growth in September, with a 2.5% increase. Salaries for new hires in Louisville also grew 11% in September.
Ford to invest nearly $2 billion in Louisville plants as part of UAW labor deal.
KFC Yum! Center, Louisville’s premier sports and entertainment venue, brings in nearly $1 billion in economic impact in under a decade.
Officials cut the ribbon on UPS Supply Chain Solutions’ new $79 million Velocity facility in Shepherdsville, Kentucky, a project that is creating 500 new distribution and logistics jobs.
Stellar Snacks plans $137 million investment in West Louisville facility. They plan to employ 350 people at the 434,000-square-foot facility. The jobs are expected to pay an average wage of $30 an hour.
Major projects underway in the Downtown Louisville area include hotels, mixed-use developments, and entertainment attractions.
