So far this year, Tri-Cities new home construction is slogging along at about the same pace as last year and the year before. That’s not especially good news for a region where a tight housing market has the potential to… Read More ›
Month: August 2017
Tri-Cities jobs, employment growth continues in July
Tri-Cities employers continued adding nonfarm jobs at an average rate of 200 a month in July. At the same time employment was 1.7% higher than July last year and the unemployment rate was unchanged from June’s 4.6%. From a trends… Read More ›
Tri-Cities homeowners – investors – rock the equity rich list
There are more than 3,000 Tri-Cities area homeowners – that includes investors – feeling richer than they did this time last year. Their economic lot in life is rosier because at the end of Q2 they moved into equity rich… Read More ›
How many Tri-Cities residents live where they work and how many commute to their job (revised version)
EDITOR’S NOTE – This is a revised version of the original story to include an update and correction on some of the inflow/outflow numbers. The median commute time in the Tri-Cities is just under 30 minutes. But that’s only the… Read More ›
Tri-Cities retail sales tax collections recovering from their funk
Retail sales tax collections in both the Tri-Cities two Metropolitan Statistical Areas (MSA) continue their rebound from a steep March funk that dropped collections to a two-year low. Seasonally adjusted totals from Middle Tennessee State University show the four NE… Read More ›
Tri-Cities June labor market report shows gains, Kingsport-Bristol lags Johnson City MSA performance
June’s Tri-Cities’ jobs report is a study in contrast. Preliminary, non-adjusted numbers and the trend looks very good in the three-county Johnson City Metropolitan Statistical Area (MSA), and OK in the four-county Kingsport-Bristol MSA. It’s just OK in Kingsport-Bristol because… Read More ›
