ECONOMY

Tenn. sales tax collections up in all metro areas except Kingsport-Bristol

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 ›

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 ›

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