Thursday, December 11, 2014

Monday, December 8, 2014

Business Plan Competition for MTSU Students and Alumni

www.mtsubusinessplan2015.istart.org 

The Wright Travel Chair in Entrepreneurship Business Plan Competition is open to MTSU students and alumni. First prize, $7,500; second, $5,000. Applications and submissions are due by noon Feb. 26. 

www.mtsubusinessplan2015.istart.org or http://www.mtsu.edu/entre/wright_travel.php.

Wednesday, December 3, 2014

Construction Permits

http://capone.mtsu.edu/berc/tacir/tacir.html 

Due to a boom in multi-family construction in the Nashville MSA, total TN permits (including multifamily homes) are up 40.9% over the year. Details by MSA at Tracking Tennessee's Economic Recovery. 


Wednesday, November 26, 2014

Economic Indicators Updated through October

http://mtsu.edu/berc/tacir 

  • Seasonally adjusted initial claims for Tennessee changed little in October, increasing to 4,571 per week from 4,507 in September. The trend declined slightly. Initial claims remain very low for the state.
  • State sales tax collections gained in October after seasonal adjustments. Collections rose 2.5% from September and now are 7.3% higher over the year for Tennessee.
  • Seasonally adjusted nonfarm employment for Tennessee rose 7,900 in October from the previous month. Over the year, nonfarm employment is 2.2% higher, a gain of 59,800.
  • Unemployment rate for Tennessee declined to 7.1% in October, down from a recent peak of 7.4% for August. Tennessee's unemployment rate remains elevated compared with 5.8% for the U.S. 
  • Average weekly hours for Tennessee fell to 34.8 in October. Hours worked are down 1.4% over the year.
  • Average hourly earnings for Tennessee gained $0.10 in October September to $20.70 after seasonal adjustments. Hourly earnings are just 2.0% higher over the year.
Graphs: Search by MSA at Tracking Tennessee's Economic Recovery

Friday, October 24, 2014

Economic Indicators Updated through September

http://mtsu.edu/berc/tacir 

  • Seasonally adjusted initial claims for Tennessee increased slightly in September, climbing to 4,507 per week compared with 4,338 in the previous month.  The trend continued to drift lower.  Initial claims remain at very low levels, lower than prior to the recession.
  • State sales tax collections declined in September following a very large August gain.  Seasonally adjusted collections fell 1.2% from the previous month but remain 5.3% higher over the year.
  • Seasonally adjusted nonfarm employment for Tennessee climbed by 17,000 jobs in September from the previous month, up 0.3%. Over the year, nonfarm employment is 2.2% higher, up 60,700. (Private-sector-only jobs gained 2.8% over the year.) The growth rate has been on the rise since mid-2013.
  • Unemployment rate for Tennessee changed little in September despite the gains in nonfarm employment and falling initial unemployment insurance claims. Tennessee's unemployment rate is 7.3% compared with 5.9% for the U.S.
  • Average weekly hours for Tennessee dropped to 35.1 in September, one of the lower numbers reported in the past 12 months.
  • Average hourly earnings for Tennessee fell $0.20 in September to $20.60 after seasonal adjustments. Average earnings appear to be weakening following the peak in May of this year.
Graphs: Search by MSA at Tracking Tennessee's Economic Recovery

Thursday, October 23, 2014

Millennial Business Conference Oct. 31

Registration has been extended through Oct. 28 for Jones College's business conference "2020: Millennial Game Plan—Maximizing Millennial Entrepreneurship and Innovation" to be held Oct. 31 from 8:15 a.m. to 12:30 p.m. at Embassy Suites Conference Center in Murfreesboro, TN. 
When: October 31 (Friday), 8:15 AM to 12:30 PM (buffet breakfast to be served 7:30 to 8:15)

Where: Embassy Suites Conference Center, Medical Center Parkway, Murfreesboro

Who:
·        The keynote speakers include John Martin and Matt Thornhill of GenerationsMatter, a research-driven firm that is a national leader in advising major companies—Walmart, Google, Proctor and Gamble, Lincoln Financial, and many others—about how to approach business decisions using a generational lens. They will provide a “deep dive” into what makes millennials tick.
·         John Boyens of the Boyens Group®, who will provide practical action steps for companies wanting to build the type of culture that will allow them to attract, retain, and get the most out of their millennial employees.  
·        A discussion panel featuring Dr. Bill McDowell, Wright Travel Professor of Entrepreneurship in the Jones College, along with successful and budding millennial entrepreneurs.

Why:
·         The “millennial” generation is expected to make up 40 percent of the workforce by 2020. Nashville’s millennial growth rate is among the nation’s highest.
·         Other questions to be addressed at the conference:
o   What makes millennials special? How are they shaping companies inside and out?
o   How and why are millennials driving innovation and entrepreneurship?
o   How can an organization create a culture that capitalizes on the unique strengths of millennials?  

Cost: $30 per person for non-MTSU personnel; free for MTSU faculty/staff/students.

SEATING IS LIMITED!!! YOU MUST REGISTER IN ADVANCE TO ATTEND. REGISTER AT:
http://www.planningpoint.net/events/mtsujcb   OR

http://www.mtsu.edu/business/