CBER in the News

LEXINGTON, Ky. (Feb. 13, 2019) — Identifying place and preparation as key factors affecting prosperity, the Center for Business and Economic Research (CBER) — the applied economic research branch of the Gatton College of Business and Economics at the University of Kentucky — released its 36th Kentucky Annual Economic Report today.

26 January 2019

Listen to Carl Nathe's interview with CBER Director, Jenny Minier, during the Kentucky v. Kansas game ("UK at the Half").

LEXINGTON, Ky. (Jan. 31, 2019) (Alicia Gregory) — A recent national survey of what universities spend on research and development activities shows steady growth in the University of Kentucky’s research enterprise and the significant impact of federal funding on UK’s faculty, staff and students engaged in research.

UK spent $378.4 million to carry out research and development in fiscal year 2017.

Of the $378.4 million in R&D expenditures, 45 percent ($171.3 million) came from federal sources, like the National Institutes of Health.

LEXINGTON, Ky. (Jan. 29, 2019) (Carl Nathe) — The Center for Business and Economic Research (CBER) is the applied economic research branch of the University of Kentucky’s Gatton College of Business and Economics. Its purpose is to disseminate economic information and provide economic and policy analysis to assist decision makers in Kentucky’s public and private sectors.

17 January 2019

(The Lane Report)

FRANKFORT, Ky. — Kentucky’s seasonally adjusted preliminary December 2018 unemployment rate was 4.4 percent, according to the Kentucky Center for Statistics (KYSTATS), an agency within the Kentucky Education and Workforce Development Cabinet. The unemployment rate for December 2018 was down from the 4.5 percent reported for November 2018.

The preliminary December 2018 jobless rate was down 0.1 percentage points from the 4.5 percent recorded for the state in December 2017.

20 December 2018

(WEKU, Stu Johnson)

The preliminary November unemployment rate for Kentucky is a familiar figure.  The 4.5 percent jobless figure for last month equals the rate in October and also a year ago in November.

FRANKFORT, Ky. — Kentucky’s seasonally adjusted preliminary November 2018 unemployment rate was 4.5 percent, according to the Kentucky Center for Statistics (KYSTATS), an agency within the Kentucky Education and Workforce Development Cabinet. The unemployment rate for November 2018 was unchanged from October 2018.

The state’s jobless rate was also at 4.5 percent in November 2017.

The U.S. seasonally adjusted jobless rate for November 2018 was 3.7 percent, also unchanged from its October 2018 level, according to the U.S. Department of Labor.

18 October 2018

(The Lane Report)

FRANKFORT, Ky. — Kentucky’s seasonally adjusted preliminary September 2018 unemployment rate was 4.5 percent, according to the Kentucky Center for Statistics (KYSTATS), an agency of the Kentucky Education and Workforce Development Cabinet. The unemployment rate for September 2018 was up from the 4.4 percent reported for August 2018.

The preliminary September 2018 jobless rate was down 0.2 percentage points from the 4.7 percent recorded for the state in September 2017.

28 August 2018

(WV News)

CHARLESTON — A new academic report from researchers at the University of Kentucky found West Virginia’s repeal of the prevailing wage in 2016 has led to lower construction costs for public projects.

The report, released last week from the university’s Center for Business and Economic Research (CBER), is the first bit of evidence to show how the state is faring since the wage requirement was repealed.

29 August 2018

(The Journal, WV)

MARTINSBURG — The repeal of West Viriginia’s prevailing wage mandate has produced a decline in school construction costs, according to a study by the University of Kentucky’s Center for Business and Economic Research released Monday.