CORE DATA

Kingsport by the numbers

Reports show strengths, weaknesses in Tri-Cities single-family, apartment rental markets

Gross single-family rental yields for Washington and Sullivan counties were down in the third quarter, but that doesn’t necessarily signal a down market for landlords – especially in Sullivan County. At the same time, the multi-family market in Sullivan is… Read More ›

Hawkins County emerging as growth bright spot

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 ›

Tri-Cities new home market is finally taking off

After seven years of declining new home activity and another four years of slow growth, the market is taking off. Tri-Cities area builders saw the first stirrings of the surge early this year, but the crunch showed up in the… Read More ›

Social Security COLA increase will boost Tri-Cities economy by $3.6 million a month, but it’s nothing for elders to cheer about

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 ›

A Tri-Cities’ ticking population time bomb

Remember the adage that a rising economy raises all boats. Today’s economy is showing that’s not always the case. While there’s ample evidence the Tri-Cities economy is seeing gains, demographics show the population picture is soft – very soft in… Read More ›

Washington Co. TN leads region in number of nursing homes

Although Washington County, TN has the youngest median age in the Tri-Cities (40.3 years) it has the largest number of nursing homes in 2017. Data source: National Association of Counties.

Kingsport-Bristol, Johnson City MSA August retail sales collections in soft spot

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 ›

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