- Seasonally adjusted nonfarm employment for Tennessee edged higher in October, gaining 8,000 jobs. Over the year, nonfarm employment is up 33,000 jobs, a 1.2 percent increase.
- Unemployment rate for Tennessee remained essentially unchanged at 8.4% for October. Tennessee's unemployment rate has shown little change since June.
- State sales tax collections fell slightly in October following a large gain in September. Collections are down 0.1 percent from the previous month but still 2.9 percent higher over the year.
- Seasonally adjusted initial unemployment claims for Tennessee fell in October to 4,642 per week compared with 5,153 in September. Initial claims continue to fall from already extremely low levels. The 23-year low was reached in August and initial claims have continued to decline, indicating much lower layoff activity among employers.
Monday, November 25, 2013
Friday, November 8, 2013
- alternative fuel for commuting (by Cliff Ricketts),
- the challenges of a global economy (by Pete Barile),
- the impact of technology on society (by H. Lee Martin), and
- finding your leadership strengths (by Deana Raffo, Department of Management and Marketing).
Wednesday, October 16, 2013
- Tennessee MSA Exports: A Comparison of 10 Metro Areas
- Trade report: The second quarter was a quiet one.
Global Commerce: Tennessee and the International Economy, produced by the Business and Economic Research Center at Middle Tennessee State University, received the 2013 award of excellence in electronic publications from the Association of University Business and Economic Research.
Tuesday, October 1, 2013
Permits issued for single-family home construction in Tennessee fell in August after seasonal adjustments following a gain for July. Permits have fluctuated higher and lower during the past 12 months, but the trend continues to improve. Single-family construction permits are 16.0% higher over the year, while total permits (single-family plus multi-family) are 2.2% higher.