Monday, November 30, 2009

Tennessee and Nashville MSA Nonfarm Employment

http://frank.mtsu.edu/~berc/updates.html

Economic and Financial Databases

http://frank.mtsu.edu/~deprince/databases_beta.html -

All databases maintained by Albert E. DePrince, Jr., updated through Nov. 27, 2009
  • National Economic Activity
  • Interest Rates
  • Industrial Sector
  • Household Sector
  • International Data
  • Money and Credit
  • Tennessee Data

Local Officials Tout Federal Funding

Daily News Journal (Nov. 29): David Penn: "Although the stimulus funding has had a major impact on helping higher education cope during the recession, the federal money has not been allocated fast enough for state and local government projects to create enough new jobs this year." (more)

Wednesday, November 25, 2009

Unemployment

http://frank.mtsu.edu/~berc/claims.html -
Tennessee Initial and Continued Claims: In the week ending November 14, seasonally adjusted weekly initial claims for unemployment insurance in Tennessee totaled 9,155, down from 10,361 in the previous week.

Quarterly GDP

Economic and Financial Databases maintained by Albert E. DePrince, Jr.: Quarterly GDP updated through Nov. 24

Friday, November 20, 2009

Tennessee's Jobless Rate Levels

From the Tennessean: "Typically when you see fewer layoffs, you see more hiring," said David Penn. "This time, that's not happening."

Thursday, November 19, 2009

Unemployment

http://frank.mtsu.edu/~berc/claims.html -


Tennessee Initial and Continued Claims - In the week ending November 7, seasonally adjusted weekly initial claims for unemployment insurance in Tennessee totaled 10,361, up from 8,920 in the previous week.

Tennessee Housing Market - 3rd Quarter 2009

http://frank.mtsu.edu/~berc/housingbrief.html -


Sales of single-family homes rose 11.8 percent in the Nashville area, 1.2 percent in Memphis, and 12.3 percent in Knoxville, all after seasonal adjustment. Inventories of homes on the market declined in Nashville and Memphis but rose somewhat in Knoxville. (Supported by a THDA grant)

Monday, November 16, 2009

Unemployment

http://frank.mtsu.edu/~berc/claims.html -

Tennessee Initial and Continued Claims (Nov. 12) - In the week ending October 31, seasonally adjusted weekly initial claims for unemployment insurance in Tennessee totaled 8,920, down from 10,494 in the previous week.

Penn: Nissan Bond Deal Worth It

http://www.dnj.com/apps/pbcs.dll/article?AID=2009911120314 -

(From Tennessean, Daily News Journal, Nov. 12) - "These are exactly the kinds of jobs we should be after. It plays to our strength in automotive manufacturing. If you don't offer this kind of incentive, you may not get these jobs.... I think that Nissan ... and a lot of other folks are betting that there will be a lot of green jobs to make green vehicles."

Friday, November 6, 2009

Economic Outlook Conference 2009


Footage from MTSU Economic Outlook Conference Sept. 24
  • Forecaster Dr. Donald Ratajczak speaking
  • Interview with BERC director Dr. David Penn
(from the Record)

Thursday, November 5, 2009

Global Commerce Newsletter

Steven G. Livingston writes: "Who's Next in Line? Trade after the Chinese Tire Decision - The recent decision to protect American-made tires from Chinese competition signals a new toughness on the part of the Obama Administration. Can we expect other Chinese imports to be similarly targeted for protection? If so, how will the Chinese react? . . . For this state, what might be the impact of these, and future, actions?"

Unemployment: Tennessee Initial and Continued Claims

In the week ending October 24, seasonally adjusted weekly initial claims for unemployment insurance in Tennessee totaled 10,494, up from 10,407 in the previous week.

States Receive Boost for Retraining

(Chattanooga Times Free Press, November 4): "China has emerged as a huge competitor to many of our businesses, and it has gotten even worse during the recession," said Dr. Steve Livingston.