CORE DATA

Kingsport by the numbers

Indicators point to strong Q4 home sales in Sullivan, Washington counties

Reports from Attom Data’s Solutions and the Northeast Tennessee Association of Realtors (NETAR) point to the same thing – strong fourth quarter home sales. Sullivan and Washington counties led East Tennessee on Attom’s Q3 Pre-Mover Housing Index for the third… Read More ›

Local economy adds jobs, unemployment rates low – but all is not well

The Tri-Cities economy continued adding jobs in October, and the region’s unemployment rate was in the mid-3% range while labor participation lagged. It has become a common “good-news, bad-news” factor as the region continues to struggle with chronic underemployment conditions… Read More ›

Kingsport jobs: Where the workers live

Look at any of the roads around Kingsport on any weekday morning or afternoon, and it’s immediately apparent there’s a lot of commuting going on out there. For this report, we’ll drill down on Kingsport. A similar report on Johnson… Read More ›

Part 2 Tri-Cities rental situation – fewer single-family units, higher vacancy rates

There were more rental property vacancies in over than half of the Tri-Cities region’s zip code during the third quarter of this year than last year. And a comparison of non-owner-occupied investment properties shows there are about 11,000 fewer rental… Read More ›

Tri-Cities economy looks good, but….. Benchmarking the recovery, looking for a new normal

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 ›

Tri-Cities sales tax collections make tepid September showing

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 ›

Tri-Cities, Johnson City and county jobless rates drop to new lows, economy continues adding jobs

The Tri-Cities economy continued adding non-farm jobs in September while the number of people employed was the highest since January 2011. The seven-county region’s 3.3% unemployment rate was the lowest since 1990. To find a lower rate you have to… Read More ›

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