Local economic data in simple list form updated as it becomes available

Kingsport-Bristol and Johnson City HPI up. Kingsport-Bristol, Johnson City MSA foreclosure rates decline. City and county unemployment rates increase. More non-farm jobs added.  Wages down. Home sales and price performance in city markets. More new … [Read more...]

Poor performance has Darden looking to to spin off Red Lobster

Not sure how this will shake out for Kingsport's persistent wishing for a Red Lobster, but Darden has reiterated its plans to divest itself of the seafood chain. The seafood chain has been struggling with earnings and this year shrimp inflation is … [Read more...]

Proposed minimum requirements for appraisal management companies released

WASHINGTON— Six agencies today issued a proposed rule that would implement minimum requirements for state registration and supervision of appraisal management companies (AMCs). An AMC is an entity that serves as an intermediary between appraisers … [Read more...]

Resurgent public optimism on the economy? Don’t hold your breath

Pew Research is reporting that one of the biggest political puzzles of 2014 is why the public remains so bearish about the economy, and in turn critical of Barack Obama’s stewardship of it, given clear signs that economic indicators are improving. As … [Read more...]