South Central Kentucky Econonomic Indicators

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Selected South Central Kentucky Economic Indicators

South Central Kentucky Weighted Unemployment Average1


 

 

South Central Kentucky Average Per Capita Personal Income2



South Central Kentucky Total Number of Establishments3


South Central Kentucky Total Number of Building Permits4


1 – Weighted average of unemployment is calculated with the following formula: Ua= U1(C1/TC) + … + U10(C10/TC)
Where Ui=Unemployment in County i
Ci = Civilian Labor Force in County i
TC = Total Civilian Labor Force, (C1+…+C10)

2 – Average per capita personal income is calculated with the following formula: Ia = (Inc+ … + Inc10)/10
Where Inci = Per Capita Personal Income in County i

3 – Total number of establishments is calculated with the following formula: Estt = Est1 + … + Est10
Where Esti = Number of Establishments in County i

4 – Total number of building permits is calculated with the following formula: BPMt = BPM1 + … + BPM**
Where BPMi = Building Permits in County i
**Important to note that only Barren, Butler, Hart, Logan, Simpson, and Warren have reported data**