Two announcements expected to show economic boost in Northern Kentucky

ERLANGER, Ky. - Two announcements this week are expected to prove a major economic boost in the Northern Kentucky region.

The Northern Kentucky Tri-Ed will announce its 2012 Economic Impact of Primary Growth Report results Thursday morning. Just a few hours later, the Northern Kentucky Convention and Visitors Bureau will share its 2012 Financial Report.

The Northern Kentucky Tri-Ed says 2012 was a "strong year for Northern Kentucky Tri-Ed and the region," and the report results are a good economic indicator for the region. The group will have several company representatives at Thursday's announcement to discuss their company's recent expansions.

The group says its report shows "project, jobs and investment impact."

"The numbers are quite impressive and there were significant jumps in jobs announced, a strong number of new companies entered the market and many existing companies expanded," the report stated.

The Northern Kentucky Convention and Visitors Bureau also says its 2012 Financial Report is promising for the region.

According to the group, highlights of the report include hotel occupancy growth and an increase in total economic impact from tourism last year.

"The report will detail the growth in Northern Kentucky tourism as it returns to levels achieved prior to the 2009 economic collapse, led by the impact from events such as the Kentucky Speedway Sprint Cup Series, the World Choir Games and a successful Cincinnati Reds season," the group wrote.

The Northern Kentucky Convention and Visitors Bureau will announce its 2012 Financial Report at its annual meeting Thursday at 5 p.m. at the Northern Kentucky Convention Center in Covington.

The Northern Kentucky Tri-Ed will share its 2012 Economic Impact of Primary Industry Growth Report Thursday at 10:30 a.m. at the NKU Mets Center in Erlanger.