The coronavirus pandemic is posing a bigger commercial real estate challenge than what we see in the residential market. The primary reason is commercial real estate is driven by cash flow, while residential real estate is price based. New research… Read More ›
Northeast Tennessee’s state sales tax collections closed 2019 with a 5.2% increase over last year with the Knoxville MSA claiming the lion’s share of the increase. Results for the Tri-Cities two metro areas’ year-end results were mixed. The Johnson City… Read More ›
State sales tax collections increased in nine of Tennessee’s MSA in November. The exception was Kingsport-Bristol, according to the most current Tennessee Advisory Commission on Intergovernmental Relations report from MTSU. State collections were 4.3% better than November last year. Here’s… Read More ›
By DON FENLEY November’s Tri-Cities’ labor market report was a continuation of what is building to be one of the best years since the recession. The local economy added a little over 600 nonfarm jobs in November while the number… Read More ›