Study: Bourbon elevates status as economic powerhouse
A new study shows Kentucky bourbon has elevated its status as an economic powerhouse. The report says distillers pump nearly $9 billion into the state’s economy each year.
The report shows distillers employ more than 22,500 people with $1.23 billion in annual payroll in Kentucky. The study released Wednesday was commissioned by the Kentucky Distillers’ Association. Bourbon’s trickle down effect has spurred tourism and created more demand for Kentucky corn. Gov. Andy Beshear says it's exciting to see bourbon continuing to boom and to bring Kentucky along with it. KDA says Kentucky distilleries craft 95% of the world’s bourbon.