Tri-Cities jobs decline in December; Johnson City MSA jobs down from 2017, Kingsport-Bristol gains

U.S. hiring surged during December, but not in the Tri-Cities. The region’s economy lost 400 nonfarm jobs but finished the year with an average of 1,150 more jobs than 2017. The net annual totals will be available in the January labor market … [Read more...]

Foreclosure red flags signal stress in local booming housing market

While the regional housing market is celebrating its best sales year in a decade there are distress red flags waving. Foreclosure starts increased 19.5% last year in the local NE TN markets. The local SW VA markets saw an 11% increase. The regional … [Read more...]

It’s cheaper to rent than buy in Washington Co.; rents increasing in other counties

Looking for a three-bedroom home in the Tri-Cities. It’s cheaper to buy than rent in Sullivan, Hawkins and Carter counties, but the dynamic has shifted to renting in Washington County. At the same time rents in all the counties except Washington are … [Read more...]

Older workers a big part of Tri-Cities workforce and their ranks are growing

The next time you shop for groceries, pick up something at Walmart or grab lunch at almost any Tri-Cities fast-food restaurant count the number of workers who are in the 50 years-old. That’s right there’s a lot of them. And their ranks are … [Read more...]