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ECONOMY

Johnson City YTD sales tax collections up, Kingsport-Bristol down

Tri-Cities metro areas joined Morristown to trail Knoxville and the state in year-over-year October retail sales tax collections. Kingsport-Bristol also had the worst year-over-year performance of any metro area in the state. So far, this year collections are up 0.4%… Read More ›

How local city household incomes, worker wages look in Census multi-year estimates

A recently-released set of Census Bureau social and economic multi-year estimates offers a glimpse over a period of time at the six major cities in the Tri-Cities region in their recovery from the Great Recession and still evolving restructuring to… Read More ›

Tri-Cities economy looks good, but….. Benchmarking the recovery, looking for a new normal

Local employment rates are at historic lows. Homebuilders are the busiest they’ve been since the recession, and there are ample signs of new commercial developments and renovations underway. Consumers are confident and spending. All-in-all the local economy looks pretty good…. Read More ›

Tri-Cities sales tax collections make tepid September showing

Retail sales tax collections slipped for the third straight month in September while Kingsport-Bristol saw its second month of improvement. If Tri-Cities September collections sound a little tepid, you’re right. But it wasn’t just the seven-county Tri-Cities region. The year-over-year… Read More ›

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