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    Economic Health Index

    The Danville City Commission and the Boyle County Fiscal Court provide critical financial support for the EDP through annual budget appropriations.  As a  service to the citizens of Danville and Boyle County, Kentucky, the EDP provides this quick-reference data index of key indicators of our community's economic health.

    If you wish to review more detailed economic or project data sets that are summarized or referenced in our infographic, please scroll down the page.

    All data is for Boyle County, except for Main Street Programs which are limited to downtown business districts.

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  • General Economic & Employment Data


    Sources:  Boyle County Industrial Foundation (and Kentucky Cabinet for Economic Development); Danville-Boyle County Chamber of Commerce, Danville-Boyle County Convention & Visitors Bureau (and Kentucky Department of Travel); Heart of Danville Main Street Program; Main Street Perryville.  

    NOTE:  This is a report of annual business development activity directly assisted by or reported to the EDP Partners, reported voluntarily through the Partners to state agencies, or compiled for the Partners by state agencies.  Job creation and capital investment are confidentially reported to our Main Street Programs by downtown businesses, so only totals are disclosed publicly. Travel expenditures will be added when finalized by the Kentucky Department of Travel.  

     

    • Unemployment Rate

    Source:  Kentucky Office of Employment & Training - Labor Market Information (LMI)

    ​​​ View current and historic unemployment data for Boyle County and compare with other Kentucky counties at the Kentucky Career Center's Labor Force, Employment and Unemployment Analyzer.     

    • Total County Employment/Total Average Weekly Wage (all industries, covered by unemployment insurance)

    Source:  US Bureau of Labor Statistics (BLS) - Quarterly Census of Employment and Wages 

     ⇒ View the online, interactive QCEW State and County Map​ maintained by BLS for current and past quarterly employment and wage data for Boyle County as well as comparison to other Kentucky counties. 

    • Per Capita Personal Income  

       Source:  US Bureau of Economic Analysis (BEA) 

        ⇒  View the BEARFACTS profiles maintained by BEA for Boyle County and neighboring counties.

     

    • Payroll Tax Collections

      NOTE:  This data represents gross payroll tax receipts collected quarterly as a measure of the total tax base produced by jobs.  The data does not include subsequent calculations such as interest, collection fees, incentive payments, or accounting variances.  Source:  Boyle County Tax Administrator   

     

    • Boyle County:  0.75% payroll tax rate
      • 2015 Total (as of Q4 2015):  $3,894,026.92  

        • Previous Years' Annual Comparison  (with +/- trend compared to current revenue data)

          • 2014 Total:  $3,717,728.46  |  + $176,298.46  |  + 4.7%

          • 2013 Total:  $3,604,825.57  |  + $289,201.35  |  + 8.0%

          • 2012 Total:  $3,592,677.22  |  + $301,349.70  |  + 8.4%

          • 2011 Total:  $3,452,944.51  |  + $441,082.41  |  + 12.8%

    • City of Danville:  1.50% payroll tax rate  ( ** NOTE:  The City of Danville increased its payroll tax rate from 1.25% to 1.50%, effective October 1, 2015. Therefore, the revenue data for Q1 2016 results from the new 1.50% rate, while previous years' quarterly comparative revenue data are based on the older 1.25% payroll tax rate.) 

      • 2015 Total (as of Q4 2015):  $5,316,257.25  |  up 4.2% over 2014     (NOTE:  The City of Danville increased its payroll tax rate from 1.25% to 1.50%, effective October 1, 2015. Therefore, the revenue data for Q4 2015 results from the new 1.50% rate, while Q1-Q3 2015 and previous years' comparative revenue data are based on the 1.25% payroll tax rate.) 

        • Previous Years' Annual Comparison  (with +/- trend compared to current revenue data)

          • 2014 Total:  $5,100,909.24  |  + $215,348.01  |  + 4.2%

          • 2013 Total:  $5,026,745.39  |  + $289,511.86  |  + 5.8%

          • 2012 Total:  $4,669,514.70  |  + $646,742.55  |  + 13.9%

          • 2011 Total:  $4,708,899.43  |  + $607,357.82  |  + 12.9%

     

    Business/Industry Employment & Development


    • New & Expanded Industries

    Source:  Boyle County Industrial Foundation (BCIF); Kentucky Cabinet for Economic Development.  (NOTE:  This report includes only manufacturing (MF), distribution/warehousing DW), corporate headquarters (HQ), office (OF), or research/development (RD) projects assisted by or reported to BCIF.  See annual EDP Project Activity Reports above for TOTAL reported job creation and capital investment for all sectors, both industrial and commercial, assisted by or reported to the EDP in Boyle County.)

    Key:  N = New; E = Expansion; R = Retention

    • Cumulative (2008 - 2016)
      • ​Total
        • ​All Projects
          • Capital Investment:  $292,335,217.00
          • Jobs:  1445
        • Withdrawn Projects
          •  Capital Investment:  $14,789,929.00  (5.1%)
          • Jobs:  169  (11.7%)
        • Closed Companies:
          • Capital Investment:  $1,528,000.00  (0.52%)
          • Jobs:  25  (1.7%)
        • Net 
          • Capital Investment:  $276,017,288.00  (94.4%)
          • Jobs:  1251  (86.6%) 
      • Expansion, New, or Retention
        • Expansion
          • Capital Investment:  $141,214,592.00  (48.3%)
          • Jobs:  993  (68.7%)
        • New
          • Capital Investment:  $156,684,585.00  (53.6%)
          • Jobs:  330  (22.8%)
        • Retention
          • Capital Investment:  $3,083,200.00  (1.1%)
          • Jobs:  45  (3.1%)
      • Completed or In Process
        • Completed
          • Capital Investment:  $196,353,788.00  (67.2%)
          • Jobs:  946  (65.5%)
        • In Process
          • Capital Investment:  $80,663,500.00  (27.6%)
          • Jobs:  364  (25.2%)

     

    • Annual
      • 2016
        • Capital Investment: $8,647,160
        • Jobs:  41
        • Projects:  Denyo Manufacturing Corporation (E); Intelligrated, Inc. (E); Wilderness Trail Distillery, LLC (E); Total Cart Management USA, Inc. (N); Burkmann Industries, Inc. (E); Ferm Solutions, LLC (E); Sellers Manufacturing Company (E); Hobart Corporation (E); WestRock Company (E).
      • 2015
        • Capital Investment:  $68,903,145.00
        • Jobs:  402
        • Projects:  Meggitt Aircraft Braking Systems Kentucky Corporation (E); TransNav Technologies, Inc. (E); Wilderness Trail Distillery, LLC (E); Pitman Creek Wholesale, Inc. (N); National Office Furniture/Kimball Furniture Group, LLC (E); Dana Holding Corporation (E); Wilderness Trace Solar, Inc. (N); Bolts & Nuts Corporation (N); DecoArt, Inc. (N);  Independent Healthcare Properties, LLC (N); MKP Management, Inc. (N); Newcomb Oil Co., LLC (N); Murphy USA, Inc. (N). 
      • 2014
        • Capital Investment:  $42,681,594.00
        • Jobs:  192
        • Projects:  Corning Incorporated (Phase 1) (N); Hobart Corporation (E); Sellers Manufacturing Company (R); Wilderness Trail Distillery, LLC (E); Intelligrated Systems, Inc. (E); Kentucky Solid Surface, Inc. (N); Pro Ag Sales and Service, Inc. (R); Ferm Solutions, Inc. (E); Caldwell Stone Company, Inc. (E); National Office Furniture (Kimball Furniture Group, LLC) (E); Denyo Manufacturing Corporation (E); Addixxion Recovery of Kentucky, LLC dba SelfRefind (E - corporate headquarters).
      • 2013
        • Capital Investment:  $82,305,737.00
        • Jobs:  186
        • Projects:  Corning Incorporated (N); LaFayette Engineering, Inc. (E); Caterpillar, Inc. (E); Addixxion Recovery of Kentucky, LLC dba SelfRefind (E - corporate headquarters, later withdrawn); Hobart Corporation (E); Wilderness Trail Distillery, LLC (N); Kentucky Trust Company (E - corporate headquarters); National Office Furniture (Kimball Furniture Group, LLC) (E); Wausau Paper Corporation (E). 
      • 2012
        • Capital Investment:  $6,555,000.00
        • Jobs:  84
        • Projects:  Venture Industries, LLC (N - later withdrawn); Green Boiler Technologies, LLC (E - later withdrawn); The Allen Company (E); TransNav Technologies, Inc. (E - later withdrawn).
      • 2011
        • Capital Investment:  $23,241,846.00
        • Jobs:  232
        • Projects:  American Greetings Corporation (E); Meggitt Aircraft Braking Systems Kentucky Corporation (E); Dana Holding Corporation (E); Denyo Manufacturing Corporation (E); Ferm Solutions, Inc. (E).
      • 2010
        • Capital Investment:  $10,195,000.00
        • Jobs:  165
        • Projects:  Alternative Energies Kentucky, LLC (N - later closed); Commonwealth Cancer Center, LLC (E - corporate headquarters); Ferm Solutions, Inc. (E); Berry Plastics Corporation (E); Hobart Corporation (E); Pioneer Vocational Industrial Services, Inc. (E).
      • 2009
        • Capital Investment:  $15,295,830.00
        • Jobs:  76
        • Projects:  Alan Clark Holdings, LLC (N - later closed); Greenleaf Plant Food, Inc. (E - later withdrawn); American Greetings Corporation (E); Sellers Engineering, Inc. (E); Caterpillar, Inc. (E). 
      • 2008
        • Capital Investment:  $43,157,065.00
        • Jobs:  106
        • Projects:  Burkmann Industries, Inc. (E); Perfection Components, LLC (E); Caldwell Stone Company, Inc. (E); Meggitt Aircraft Braking Systems Kentucky Corporation (E); Pliant Corporation (E - jobs portion later withdrawn)

     

    Tourism Expenditures


    • Room Tax Receipts

    Source:  Convention & Visitors Bureau (CVB)

    • FY 2014-2015:  $178,011
    • FY 2013-2014:  $171,079
    • FY 2012-2013:  $164,555
    • FY 2011-2012:  $172,595
    • FY 2010-2011:  $157,085
    • FY 2009-2010:  $152,218

     

    • Total Travel Expenditures

    ​Source:  Kentucky Department of Travel & Tourism  

    • 2016:  $89,368,430
    • 2015:  $83,459,063
    • 2014:  $79,865,131
    • 2013:  $81,345,831
    • 2012:  $75,740,997  
    • 2011:  $71,724,429
    • 2010:  $65,802,229

     

    Downtown Development


    • Downtown Danville

    Source:  Heart of Danville.

    • 2016
      • ​​New Jobs:  110
      • Total Investment:  $21,360,482.00
    • 2015
      • Total Investment:  $25,800,165.39
      • New Jobs:  183
    • 2014
      • New Jobs:  90
      • Total Investment:  $17,366,247.00
    • 2013
      • Net New Jobs:  62
      • Total Investment:  $4,199,257.00
    • 2012
      • Net New Jobs:  69
      • Total Investment:  $12,795,401.00​
    • 2011
      • Net New Jobs:  74
      • Total Investment:  $17,639,959.68

     

    • Downtown Perryville

    Source:  Main Street Perryville.

    • 2016​​
      • New Jobs:  12
      • Total Investment:  $1,226,895.00
    • 2015
      • New Jobs:  15
      • Total Investment:  $1,273,698.70
    • 2014
      • New Jobs:  6
      • Total Investment:  $188,958.00
    • 2013
      • Net New Jobs:  4
      • Total Investment:  $176,992.00
    • 2012
      • Net New Jobs:  9
      • Total Investment: $104,600.00

     

    Small Business Development


    • JumpStart Assistance

    Source:  Chamber of Commerce.  (updated 12-15-15).  

    NOTE:  Job creation and capital investment for JumpStart projects are noted and included within the EDP's annual project activity report.  Capital investment and job creation occurring within Main Street districts are not duplicated, but are included in Heart of Danville's or Main Street Perryville's annual certification reinvestment statistics above. 

     

    • 2016:  6 completed  (total investment and jobs data not available, or counted elsewhere)

      • Completed Projects:  Holland-Farm, Inc. (nonprofit); Healtheaze LLC; Ambrosia Wellness; W & C Properties LLC (Plank on Main); NuBlend LLC; Denyo Manufacturing Corporation.

    • 2015:  9 completed; 3 still in process.

      • Capital Investment:  $30,575,000.00 

      • Jobs:  135  

      • Completed Projects:  Jimmy John's Franchise, LLC; Warrenwood Manor, LLC (FiveStar Food Mart); Danville Medical Partners, LLC/Independent Healthcare Properties, LLC (Morning Pointe); Gentle Dental Center, PLLC; Wildcat Wings, Inc.; Stay Over Danville, LLC; Art of Danville, Inc.; Bev's Boer Goats & Rooms to Rent.    

    • 2014:  10  (Brother's BBQ & Brewing Company; Melton's Great American Deli II; Taqueria Los Amigos; Amy D. Hazlett Insurance Agency (Allstate); Jimmy John's Franchise, LLC; Newcomb Oil Co., LLC; Warrenwood Manor, LLC; Independent Healthcare Properties, LLC; Kentucky Solid Surface, Inc.; Pro Ag Sales and Service, Inc.) 

    • 2013:  8

    • 2012:  12

    • 2011:  19

     

    Learn more about the EDP's JumpStart initiative led by the Chamber of Commerce.