ECONOMY

Key indicators show Tri-Cities growth slowing; Johnson City leads growth trends

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Six of 10 key indicators paint a picture of a growing 2017 Tri-Cities economy, but trend lines for all but three show a flattening or pronounced growth rate declines. At the same time, the four-county Kingsport-Bristol Metropolitan Area (MSA) trailed… Read More ›

Johnson City MSA, Kingsport-Bristol sales tax collections show weakest annual growth in four years

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Northeast Tennessee sales tax collections rode a strong holiday sales season to close 2017 with a regional 1.29% annual increase. Annual seasonally adjusted collections in both Tri-Cities metro areas lagged the regional annual increase rate by better than half. It… Read More ›

Benchmark: Medicare, Medicaid, CHIP spending in the Tri-Cities

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Now that we’re in a new year and the 2017 tax cut/reform is in place some in Congress have turned their focus on reforms/cuts in social programs to help defray the projected deficit the tax cuts will produce. At the… Read More ›

Kingsport-Bristol has state’s highest Nov. sales tax collections growth, Tri-Cities lags NE Tenn. YTD growth trend

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November was a wild ride month for sales tax collections in the Tri-Cities. The Kingsport-Bristol Metropolitan Statistical Area posted the highest year-over-year and month-over-month increases after posting its largest 2017 year-over-year decrease in October. The increase – a little more… Read More ›

Most of the MID cap would hit Washington and Carter county purchases

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Defenders of the mortgage interest deduction (MID) framed changes in the GOP tax plan as a dagger in the heart of the American Dream and possibly an anchor on home prices. They managed some concessions, but the bill passed and… Read More ›

Johnson City YTD sales tax collections up, Kingsport-Bristol down

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Tri-Cities metro areas joined Morristown to trail Knoxville and the state in year-over-year October retail sales tax collections. Kingsport-Bristol also had the worst year-over-year performance of any metro area in the state. So far, this year collections are up 0.4%… Read More ›

How local city household incomes, worker wages look in Census multi-year estimates

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A recently-released set of Census Bureau social and economic multi-year estimates offers a glimpse over a period of time at the six major cities in the Tri-Cities region in their recovery from the Great Recession and still evolving restructuring to… Read More ›

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