Center for Business and Economic Research News

Tennessean: New businesses on the rise in Tennessee, report says

Tennessee’s new business filings increased in the first quarter of this year compared with the same period in 2013, suggesting strong economic growth, according to a new report released Thursday by the Secretary of State’s Office and the UT Center Business and Economic Research. The Tennessean featured the report, which showed that new-entity filings, mostly

Read more

Economic Report to the Governor in the News

The Center for Business and Economic Research last week released its spring 2014 Economic Report to the  Governor. The report shows US and Tennessee economies are poised for strong growth in 2014 and 2015. It also shows that the state’s unemployment rate will fall from an average of 8.2 percent in 2013 to 7.5 percent in 2014

Read more

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.

Professor Receives Two Prestigious Accounting Awards

Bruce Behn, head of the Department of Accounting and Information Management in the College of Business Administration and a faculty fellow in the college’s Center for Business and Economic Research, has received special awards from the American Institute of Certified Public Accountants and the American Accounting Association.

Report: US and Tennessee Economies Showing “Much-Welcomed Resilience”

In spite of reduced federal spending, a global slowdown, and a conflict in Syria that has contributed to rising oil prices, the national and Tennessee economies are still growing. The growth will continue through this year and is expected to accelerate in 2014 and beyond, according to the forecast in the fall 2013 Tennessee Business and Economic Outlook released today. The study predicts the course of the state and national economies by examining many economic and fiscal factors and trends.

UT Impact Study of Chattanooga Volkswagen Plant Featured Nationally

A UT research study shows Volkswagen’s assembly plant in Chattanooga is responsible for more than $643 million in annual income. The facility has created 12,400 fulltime jobs, including suppliers and associated businesses, and is pumping $53.5 million of tax dollars into state and local government coffers, according to the study conducted by the Center for Business

Read more

CBER Spring 2013 Economic Report Highlighted Statewide

A recent UT report shows that falling unemployment rates, an increase in vehicle sales, and a long-awaited rebound in the residential housing market are all indications that the national and state economies are making a comeback. The spring 2013 Tennessee Business and Economic Outlook shows that despite sequestration of federal spending and a payroll tax

Read more