ECONOMY

Washington, Hawkins real estate were standouts coming out of the pandemic

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BY DON FENLEY GRAY, Tenn. – The Northeast Tennessee Association of Realtors (NETAR) has served up a benchmarking look back at how the local counties’ real estate industry’s GDP looked coming out of the pandemic. GDP is the industry’s total… Read More ›

Tri-Cities area counties see post-pandemic economic gains – Washington Co. on a roll

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By DON FENLEY TRI-CITIES, Tenn. –  A new county-level economic report from the Bureau of Economic Analysis (BEA) affirms what other reports have been showing. Washington County’s economy is on a roll, and all the region’s counties posted economic gains… Read More ›

NE TN 2020 property tax hikes well under U.S. benchmark

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Local governments didn’t pump the brakes on property taxes during the pandemic. But they didn’t hit the accelerator. A new analysis shows $180.5 million in property taxes on single-family homes in NE Tenn. counties.  That’s almost $4 million – a… Read More ›

Covid-19’s bite on Tri-Cities economy – real-time data

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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 ›

Tri-Cities on cusp of another economic shock

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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

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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

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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 ›

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