The Tri-Cities spring buying and selling season was off to a pretty good start in mid-April, but the effects of the coronavirus pandemic are beginning to show up. There were 900 more resales in the 12 months ending on April… Read More ›
CORE DATA
Kingsport by the numbers
Tri-Cities labor market enters seasonal slump on positive footing
The Tri-Cities labor market entered its seasonal three-month slump with the loss of 300 nonfarm jobs. At the same time, the number of people employed increased by 363 and the unemployment rate increased to 3.4%. That’s a pretty good labor… Read More ›
2018 wages increase 4% in Kingsport-Bristol, 1.9% in Johnson City
INFLATION ADJUSTED BUYING POWER UPDATE Inflation-adjusted buying power for the four classes of workers in the Tri-Cities varied when last year’s increased were compared to 2008 averages – the year before the Great Recession hit the local economy. In the… 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 ›