Local employment rates are at historic lows. Homebuilders are the busiest they’ve been since the recession, and there are ample signs of new commercial developments and renovations underway. Consumers are confident and spending. All-in-all the local economy looks pretty good…. Read More ›
Retail sales tax collections slipped for the third straight month in September while Kingsport-Bristol saw its second month of improvement. If Tri-Cities September collections sound a little tepid, you’re right. But it wasn’t just the seven-county Tri-Cities region. The year-over-year… Read More ›
The volume of good economic news coming out of Hawkins County is almost enough to make elected officials and the chamber of commerce giddy. After a decade of stagnation, a revival of industrial growth – some public, some off the… Read More ›
The Tri-Cities economy will get a $3.3 million a month bump when local residents get their first Social Security checks that include the 2018 cost-of-living adjustment (COAL). The 2% increase is the first substantial increase in years and means the… Read More ›
Knoxville was the only Metropolitan Statistical Area (MSA) in Northeast Tennessee with a positive August year-over-year gain in retail sales tax collections. Kingsport-Bristol and the Johnson City MSA were in a two-month collections slump, and Morristown saw its four-month streak… Read More ›
Kingsport-Bristol joined Memphis as the only metro areas in Tennessee with year-over-year sales tax collection declines in July. Kingsport-Bristol posted the biggest decrease in the state and July was the second straight month its collections have seen month-over-month decreases. Statewide… Read More ›
News that Social Security recipients would get a 2.2% cost of living increase didn’t get much public attention in mid-July when the story broke. Maybe it’s because the extra $3.4 million a month won’t show up in the Tri-Cities until… Read More ›
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
[like] Darren Murray reacted to your message:
Thanks so much for your good information
[…] Tri-Cities Multifamily Market Cools: Vacancy Up […]