The number of entrepreneurs is increasing in the Tri-Cities. So are their gross receipts. According to the Census Bureau’s latest count, there were 31,009 nonemployer businesses in the seven-county Tri-Cities region in 2017. That’s a 1.8% increase from the previous… Read More ›
ECONOMY
Kingsport-Bristol sales tax collections struggle to recover footing; Johnson City collections make moderate increase
May was another lackluster month for Northeast Tennessee sales tax collections. The three-county Johnson City Metropolitan Statistical Area (MSA) almost reached the year-to-date collections growth rate for Northeast Tennessee, and its year-over-year collections were better than the state year-over-year rate… Read More ›
Here’s a snapshot of how Kingsport consumers spend their money
The Census Bureau is developing and expanding a data tool that’s intended to help businesspeople or those aspiring to start a business. Version 2.5 of a suite of service intended to provide selected demographic and economic data from the Census… Read More ›
Tri-Cities sales tax collections continued lackluster performance in April
Seasonally adjusted sales tax collections in the three-county Johnson City Metropolitan Statistical Area (MSA) are up 0.6% so far this year while collections in the four-county Kingsport-Bristol MSA are down by 2.9%. Collections for NE Tenn’s four MSAs were up… Read More ›