ECONOMY

Sullivan Co. gets lions share of Tri-Cities’ federal health care benefits

Missing from the discussions about healthcare reform and the possible merger of Mountain States Health Alliance with Wellmont Health Systems is a look at how much money, and its share by local counties is at play. That’s a big deal… Read More ›

Tri-Cities retail sales tax collections up in Jan.; slow-growth trend stable

The Tri-Cities retail sales tax collection trend was higher in January, and both Metropolitan Statistical Areas (MSA) continued a stable, slow-growth pattern. That was in opposition to the rest of NE Tennessee. Knoxville’s trend line made a noticeable one-month drop…. Read More ›

Washington Co. posts region’s strongest 2016 economic ouput growth

Washington County TN’s 2016 inflation-adjusted economic output was a full point better than the six other Tri-Cities counties. Combined with solid growth in Carter and Unicoi counties, the Johnson City metro area moved ahead of Kingsport-Bristol in the National Association… Read More ›

December Tri-Cities sales tax gains trail Knoxville, Morristown; show year-over-year improvement

December sales tax collections dipped below November but were higher across Northeast Tennessee than December last year. MTSU’s monthly seasonally adjusted sales tax collections report shows collections were 4.2% better than December last year in the Johnson City MSA and… Read More ›

Q3 retail sales post gains everywhere except Kingsport

Tri-Cities retail sales enjoyed a robust third quarter with one very notable exception. Kingsport’s retail expansion that began in 2012 seems to have run out of steam. ETSU Economist Steb Hipple’s Q3 analysis shows the Model City has reported two… Read More ›

Tri-Cities sale tax collections continue slump in November

Morristown was the only MSA in NE Tennessee that had positive sales tax collection in November. Both Tri-Cities Metro areas were down, and Knoxville posted the region’s biggest year-over-year decline. The pattern was in step with national consumer spending which… Read More ›

Johnson City MSA retail GDP up 29.4% – Kingsport-Bristol up 5.7% since 2001

Every month locals can get an update on how the Tri-Cities retail economy is performing by sales tax collections. And every quarter, ETSU economist Steb Hipple’s retail sales analysis is available. They are good indicators. But there’s another way to… Read More ›

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