Tri-Cites sees more jobs and fewer people working in Nov., wages make small gain

    By DON FENLEY November saw nonfarm job creation increase for the third month when compared to the same months last year while employment posted its 31st straight monthly decline using the same metric.  November also saw a … [Read more...]

Tri-Cities Nov. year-over-year sales tax collections gain leads NE Tenn.

The Tri-Cities lead NE Tennessee in year-over-year sales tax collections in November. According to MTSU’s Business and Economic Research Center, seasonally adjusted collections in Kingsport were up 5.4% from November last year. Johnson City MSA … [Read more...]

Tri-Cities see best retail performance in two years, Bristol sales increase leads area

Tri-Cities retail activity made a dramatic improvement in the third quarter. ETSU economist Dr. Steb Hipple said, “it was the best retail performance in two years.” According to his Q3 retail sales report, “On a year-to-year basis, Bristol … [Read more...]

Americans are 40% poorer than before the recession

The Great Recession is officially over, but Americans are still 40% poorer today than they were in 2007, the year before the global financial crisis. The net worth of American families — the difference between the values of their assets, including … [Read more...]