CORE DATA

Kingsport by the numbers

Tri-Cities retail sales tax collections bounce in July; E. Tenn collections stronger than rest of state

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Tri-Cities retail sales tax collections bounced in July. At the same time, East Tennessee MSAs claimed a big share of the top collection performers statewide. Year-over-year change in seasonally adjusted collections reported by MTSU’s Department of Economics and Finance show… Read More ›

Seasonal slump slows but doesn’t stop Tri-Cities jobs, wage increase trend

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The Tri-Cities labor market made it through the bottom of the annual seasonal slump with 300 fewer jobs that it had in June and 2,400 more than July last year. Average private sector wages also increased, but the year-over-year gain… Read More ›

Most Americans Foresee Death of Cash in Their Lifetime

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Gallup is reporting that most Americans (62%) expect the U.S. to become a cashless society in their lifetime, with all purchases being made with credit cards, debit cards and other forms of electronic payment. They express these views as more… Read More ›

NE Tenn equity rich households dip, seriously underwater share inching upward

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The number of equity-rich homeowners in the Northeast Tennessee is shrinking while the number of owners who are seriously underwater properties is increasing. In both cases the changes are nominal.  It’s not enough to set off alarms, but it does… Read More ›

Almost half of home sales in 5 NE Tenn markets are all cash

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Despite 100% home loans and low mortgage rates, cash remains king for Northeast Tennessee-Tri-Cities home resales. According to a recently released RealtyTrac analysis, almost half of Q2 sales in five of nine local county markets were cash. It’s not a… Read More ›

Tri-Cities commute patterns – where do people live and where do they work

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The median commute time in the Tri-Cities is just under 30 minutes. But that’s only the Census Bureau’s numbers crunch and doesn’t account for the wreck that has a lane closed on the interstate or looky-loos backing up 11W for… Read More ›

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