Center for Business and Economic Research News

Report: State Economy Looking More Robust as Year End Approaches

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More jobs. An unemployment rate that’s trending down. Increasing personal income. Thanks to these gains, there is a positive ring to this fall’s Tennessee Business and Economic Outlook report prepared by UT’s Center for Business and Economic Research. “Tennessee’s economic outlook is very similar to the national outlook, with moderate to strong growth expected for the second half of the year and a continuation of growth through 2015,” said Matt Murray, associate director of CBER, who directed the report.

Study: Lackluster Growth in First Quarter but Gains Expected Overall in 2014

An abnormally harsh winter led to lackluster economic growth the first quarter of 2014, but a dip in unemployment rates and expected increases in housing investments signal stronger gains for the remainder of the year. The gross domestic product is expected to increase 2.4 percent this year as a whole, compared to 1.9 percent last year, according to the spring 2014 Tennessee Business and Economic Outlook released today by UT’s Center for Business and Economic Research.

UT Report to the Governor: Economy to See Stronger Growth in 2014 and 2015

After five years of sluggish recovery, the US and Tennessee economies are poised for strong growth in 2014 and 2015 according to the forecast in the 2014 Economic Report to the Governor of the State of Tennessee, released today. The study, prepared by UT’s Center for Business and Economic Research, predicts the course of the state and national economies by examining many fiscal factors and trends.

Chattanooga Times Free Press: Amazon starts collecting Tennessee sales tax January 1

This holiday season is the last for Tennessee residents to buy items on Amazon without having to pay state and local sales taxes. Bill Fox, a UT economist and widely recognized expert on e-commerce’s impact on sales taxes, was featured in the Chattanooga Times Free Press where he said said the new tax law “doesn’t solve the broader issue of the inability to collect tax on remote commerce.”

Study: TennCare Satisfaction at its Highest

Overall enrollee satisfaction with the TennCare program is at its highest level, according to a UT report released today. Ninety-five percent of TennCare recipients surveyed expressed satisfaction with the care they received, the highest level since the program’s inception. This finding is included in “The Impact of TennCare: A Survey of Recipients 2013,” prepared by UT’s Center for Business and Economic Research.