State sales tax collections increased in nine of Tennessee’s MSA in November. The exception was Kingsport-Bristol, according to the most current Tennessee Advisory Commission on Intergovernmental Relations report from MTSU. State collections were 4.3% better than November last year. Here’s… Read More ›
ECONOMY
Tri-Cities labor market posts another solid growth month, adds 600 jobs
By DON FENLEY November’s Tri-Cities’ labor market report was a continuation of what is building to be one of the best years since the recession. The local economy added a little over 600 nonfarm jobs in November while the number… Read More ›
Preliminary wage data show Johnson City MSA gains; softness in Kingsport-Bristol
Annualized wages increased during the first half of this year in the Johnson City Metropolitan Statistical Area (MSA) while volitivity in Kingsport-Bristol MSA federal sector had the opposite effect in its four-county area. A 2.1% Q2 increase put the annualized… Read More ›
Business Pattern: Tri-Cities has best new establishment growth year in a decade
Tri-Cities business grow had its best year in a decade in 2017, according to the Census Bureau’s most current Business Patterns Report. That’s good news. It’s an annual average of 4.3 new firms a month. The annual growth rate since… Read More ›
August was a good month for sales tax collections in the Tri-Cities
Tri-Cities metro areas turned in some strong seasonally adjusted retail sales tax collections numbers in August. The three-county Johnson City Metropolitan Statistical Area (MSA) comprising Washington, Sullivan and Unicoi counties led Northeast Tennessee led the three other NE Tenn. metro… Read More ›
Kingsport-Bristol can’t shake off sales tax collections doldrums; Johnson City metro area treading water
July was another lackluster month for Tri-Cities retail sales tax collection. Kingsport-Bristol collections have lagged the four-county area’s 2018 market share benchmark every month this year. The three-county Johnson City metro area came off a good second quarter with collections… Read More ›
June was good month for Tri-Cities sales tax collections; Kingsport-Bristol continues to lag NE Tenn growth rate
The Johnson City metro area had the third-best year-over-year sales tax collections in Tennessee in June while Kingsport-Bristol’s month-over-month collections were the best in the state. June was a good month for Tri-Cities collections, but it didn’t do much to… Read More ›
Thanks for the comment Debbie. It's a snapshot of today's conditions, stay tuned
Always of interest to get confirmation of what I see as the year moves on.
[…] The Tri-Cities employment is in its best shape since the year began, but the gains are concentrated. At the…
Thanks for the question Jeff. Kingsport was not listed because there were no closing of $1 million plus properties during…
Great report Don Why was kingsport not listed ? Jeff Begley Founder & Principal Begley Development LLC