2021 Prosperity Cup Rankings Place Kentucky Among National Leaders for Business Climate
10 Jun 2021
FRANKFORT, Ky. (June 10, 2021) – Gov. Andy Beshear’s vision for building a better Kentucky continues to charge ahead as the commonwealth recently tied for fifth nationally on Site Selection magazine’s 2021 Prosperity Cup list, an annual ranking of the top U.S. states for business climate.
“Every day we are working to create a brighter future for Kentuckians, with quality jobs, better wages and educational opportunities for all residents,” Gov. Beshear said. “Site Selection’s 2021 Prosperity Cup rankings offer the latest proof that Kentucky is positioned for success, and our state’s economy is poised for tremendous post-pandemic growth. The strength of our project announcements in 2020 shows existing Kentucky companies are dedicated to building something special in our state and new companies continue to discover the many benefits of locating in the commonwealth. This top-5 placement indicates a major step forward for Kentucky, but we are just getting started.”
Kentucky’s top-5 placement in the 2021 rankings reflects recent growth in the commonwealth, as the state ranked ninth overall the previous year. In addition to its strong showing nationally, Kentucky ranked No. 2 in the South Central region, a rise from the fourth position in 2020.