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 ›
ECONOMY
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 ›
Kingsport-Bristol, Johnson City MSA manufacturing real GDP better than it was in 2001 with a lot fewer employees
“When Eastman Chemical sneezes, the Tri-Cities gets a cold.” It’s been that way for a long time and the current community mindset hasn’t changed. And it wasn’t always just Eastman. Remember the Kingsport Press, Mead, North American Rayon, American Bembert,… Read More ›