Tennessee’s economy performed well in the first half of 2015 and largely followed a similar pattern of growth as the US economy, but the state’s unemployment rate is still higher than the national average, according to a study released Monday by the Center for Business and Economic Research.
Center for Business and Economic Research News
While Tennessee’s population growth this decade has been slower than anticipated, UT’s Center for Business and Economic Research projects the state’s population to reach 8.5 million by 2040.
A study by the Center for Business and Economic Research projecting that an expansion of Volkswagen’s Chattanooga manufacturing facility could add about 9,800 jobs to the Tennessee economy drew interest from more than a dozen local, state, automotive, and business media outlets reporting it, including Bloomberg and Forbes.
In a recent article for Bloomberg Politics, Associate Professor LeAnn Luna was interviewed about the impact uninsured people have on hospitals in the state. President Barack Obama visited Tennessee last week to talk about the Affordable Care Act. Luna holds a joint appointment with the department of accounting and information management and the Center for
Numbers released today by the Tennessee State Data Center, housed at the Center for Business and Economic Research within UT’s Haslam College of Business, show that nearly two-thirds of the counties in Tennessee experienced population growth in 2014.
The expansion of Volkswagen’s Chattanooga manufacturing facility to produce a new midsize sport utility vehicle could add about 9,800 jobs to the Tennessee economy, according to a UT study released today.
Economic growth will accelerate in the second quarter thanks to lower energy prices, according to the spring 2015 Tennessee Business and Economic Outlook released by UT today.
UT generates $1.6 billion in annual income for the state of Tennessee, creates nearly 33,000 jobs, and contributes more than $125 million in tax revenue to the state and local governments.
Economic impact report highlights break down the $1.6 billion impact the university has on the state.
The Daily News Journal highlighted a recent UT report that shows the state’s economy is growing. More than 7,000 new businesses were formed in Tennessee during the final quarter of last year, according to a new economic report released this week by the Tennessee Secretary of State. The report was produced by the Center for Business and Economic