It’s a given that Covid-19 is hammering Tri-Cities businesses, the local economy, and many of its residents. To what extent is a guessing game in many – if not most – cases. We’re firmly in the grip of one of… Read More ›
ECONOMY
Tri-Cities on cusp of another economic shock
The Tri-Cities economy is on the cusp of another economic shock. This one focuses on the federal $600 a week add-on to state unemployment checks that expired on June 30. There will be a replacement. But when and how much… Read More ›
Strip mall anchors come up short in COVID-19’s wake
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 ›
Tri-Cities sales tax collections show mixed 2019 performance
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 ›