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 … [Read more...]

U.S. economic confidence index falls to lowest weekly point since December

By Justin McCarthy WASHINGTON, D.C. -- Gallup's U.S. Economic Confidence Index dropped six points last week to -21 -- the largest one-week drop since last October, and the lowest weekly index score since December. Americans' confidence in the … [Read more...]

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 … [Read more...]

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 … [Read more...]