Thursday, May 23, 2013

Updated Economic Indicators

  • Seasonally adjusted nonfarm employment for Tennessee increased 4,500 in April due to gains in education and health services and professional and business services. Over the year, nonfarm employment is up 47,900, but the rate of growth has slowed since January. 
  • Tennessee unemployment rate increased again in April, rising to 8.0% in contrast with a falling unemployment rate for the U.S. 
  • State sales tax collections show little change in April compared with the previous month after seasonal adjustments. Collections are 0.8% lower compared with April 2012.
Graphs: Search by MSA at Tracking Tennessee's Economic Recovery