The three-county Johnson City Metropolitan Statistical Area (MSA) comprising Washington, Sullivan and Unicoi counties led Northeast Tennessee led the three other NE Tenn. metro areas on the year-over-year metric and was a close second to Morristown for the strongest month-over-month performance.
Here’s how the region’s metro areas looked compared to August last year.
Johnson City MSA, up 6.3%.
Kingsport-Bristol, up 6.1%.
Knoxville, up 5.7%.
Morristown, up 4.1%.
Statewide, collections were strongest in the Cleveland MSA (up 8.4%), followed by Nashville, MSA (up 7.7%) and Clarksville (up 7.3%). The Chattanooga MSA had the same performance level as Johnson City (up 6.3%)
When compared to July’s collections:
Morristown MSA was up 7%
Johnson City MSA was up 6.8%.
Kingsport-Bristol was up 6.5%.
Knoxville was up 5.3%.
Statewide collections were up 6.7%.
Cleveland MSA has the strongest month-over-month performance among Tennessee’s 10 MSA with an increase of 9%.
So far this year, seasonally adjusted sales tax collections are running 4.2% better than the first eight months of last year.
Johnson City and Knoxville share second-place behind the Morristown MSA for the region’s strongest year-to-date collections performance. Kingsport-Bristol hasn’t been able the get its collections into positive territory in the year-to-date metric. Last year was a strong year for Kingsport-Bristol, but it hasn’t been able to sustain that collections performance this year.
Knoxville’s market share performance continued to outperform the region’s other metro areas in August.