Tri-Cities June unemployment rates up in June; slow quarterly improvements made

By DON FENLEY Tri-Cities nonfarm jobs and employment took a seasonal dip in June and unemployment rates increased across the seven-county region. Both seasonally adjusted and unadjusted nonfarm job totals were down from May. However, the payroll report shows both of the region’s Metropolitan Statistical Areas had small job gains over the June 2013 totals. […]

June jobs heat charts show small YoY gains

The thing to look for on MTSU’s job heat charts is the color green. That’s the key for job growth. Kingsport-Bristol shows three sectors in growth mode: –        Mining, logging and construction. –        Transportation and utilities. –        Retail trade. Johnson City also shows three sectors with year-over-year growth: Professional and business services. Leisure and hospitality. […]

JUNE nf jobs

Tri-Cities labor market hangs onto slight trend improvement despite seasonal jobs pinch

By DON FENLEY The Tri-Cities labor market felt the traditional summer jobs pinch, but maintained a tenuous toehold on a long-term uptrend. Preliminary non-adjusted numbers from the Bureau of Labor Statistics show a 2.8% drop from May’s nonfarm jobs total in the Johnson City MSA. It was a 0.9% drop in the Kingsport-Bristol MSA. The […]

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June MSA home permits

Johnson City new home permits pace picks up, Kingsport-Bristol flat

By DON FENLEY June was the best month this year for privately owned, single-family new home permits in the three-county Johnson City MSA.  Last month’s 43 permits also made it the best June in three years and pulled the year-to-date total to 143. Permit performance for this sector in the four-county Kingsport-Bristol MSA didn’t vary […]

q2 2014

Q2 report shows Tri-Cities housing market gains equity strength

By DON FENLEY RealtyTrac’s second quarter Home Equity & Underwater Report shows improvements in the number of Tri-Cities households seriously underwater, the percentage of those resurfacing into an equity status and the number of equity rich households. Those three categories include roughly one-half of households with mortgages in Carter, Greene, Hawkins, Johnson, Sullivan, Unicoi and […]

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