ECONOMY

Kingsport-Bristol retail sales collections bounce back after two month slump

By on • ( 1 )

Kingsport-Bristol retail sales tax collections bounced back from two months of negative performance for a solid 2.7% year-over-year gain in May. At the same time, Johnson City Metropolitan Statistical Area (MSA) collections cooled with a 0.6% decline. Kingsport-Bristol’s May over… Read More ›

Retail sales tax collections improve in Johnson City MSA – Kingsport-Bristol still in a funk; economic signals mixed

By on

Northeast Tennessee’s April retail sales tax collections rebounded from March’s funk everywhere except Kingsport-Bristol Metropolitan Statistical Area (MSA). Kingsport-Bristol had the dubious distinction of having the lowest year-over-year change in the state – down 4% from April 2016. That came… Read More ›

Picture the Tri-Cities with 10,000 fewer retail workers

By on

The job sector that some Tri-Cities residents love to hate is going through an unprecedented change and localization on a new study helps put a better face on it. It’s not a new story. Call it Version 2.0 of How… Read More ›

Tri-Cities retail sales tax collections take a thumping

By on • ( 1 )

Tri-Cities retail sales tax collections took a solid thumping in March as did most other state metro areas. The silver lining to that news is two Tri-Cities Metropolitan Statistical Areas (MSA) got off easier than the rest of the state…. Read More ›

All the talk about how retail jobs have sucked the life out of the local jobs economy is more myth that fact

By on • ( 1 )

It’s common knowledge that the Great Recession hollowed out much of the Tri-Cities’ middle class – that good paying jobs like those in manufacturing were replaced with low-paying in the retail sector. There’s just one problem with that common knowledge…. Read More ›

Tri-Cities sales tax collections have an up month amid gloomy retail trends reports

By on

Tri-Cities and NE Tenn. sales tax collections scored an up month in February despite a flurry of news reports signaling gathering storm clouds. MTSU’s monthly report on seasonally adjusted collections showed Morristown led the region in year-over-year gains by a… Read More ›

Bristol retail sales growth pace slows, retail activity shifts away from Kingsport

By on

Tri-Cities retail sales may have finally reached a new normal. According to the ETSU Economist Steb Hipple’s Q4 Retail Sales Report  – online HERE – “There were significant changes in the retail picture over the fall months.  Dollar sales increased… Read More ›

Verified by MonsterInsights