Tennesseans are in for the long haul and likely won’t see significant improvements in the state’s economy until 2013. Many aspects of the economy, however, are showing some gains in the short-term, which is good news particularly in the areas of employment, personal income, sales tax, and state tax revenue, according to a UT Knoxville report released today.
Center for Business and Economic Research News
UT Knoxville’s Center for Sustainable Business and Tourism and Center for Business and Economic Research will host two events that showcase sustainable business, environment, and communities. On Tuesday, March 29, commissioners from state government will participate in a panel discussion on sustainable transportation and tourism and attracting green businesses to Tennessee. On Thursday, March 31, a panel featuring regional industry leaders will focus on structuring and operating sustainable businesses.
Tennessee’s population is trending with the nation by shifting from rural areas toward urban areas. Twenty-five counties in Tennessee exceeded the state’s 11.5 percent growth rate from 2000 to 2010, while 70 counties grew at a slower pace according to 2010 census data released today. The Tennessee State Data Center, which is housed in the University of Tennessee, Knoxville’s Center for Business and Economic Research, will continue to analyze the results of the 2010 census over the coming weeks and months.
It will take years for the U.S. and Tennessee economies to recover, and they may never look quite the same as they did before the recession. Still, they are recovering. This is the forecast in the 2011 Economic Report to the Governor, an annual report prepared by the Center for Business and Economic Research at the University of Tennessee, Knoxville.
Tennessee’s population is outpacing the nation’s. The United States Census Bureau released the first results of the 2010 census Dec. 21. The results show Tennessee’s population increased 11.5 percent to 6,346,105. By comparison, the U.S. population increased 9.7 percent to 308,745,538. Tennessee’s census information is analyzed by the Tennessee State Data Center which is housed within UT Knoxville’s Center for Business and Economic Research.
The Tennessee Education Lottery Scholarship programs are healthier than previously thought. That is the conclusion of a report recently released by the Center for Business and Economic Research at UT Knoxville.
TennCare, the state’s expanded Medicaid program offering medical assistance for low-income children, pregnant women and disabled adults, received its highest satisfaction score to date from its recipients. That was among the findings in a survey recently released by UT Knoxville’s Center for Business and Economic Research.
UT Knoxville brings in at least $950.2 million annually in income to the state of Tennessee, and supports 23,055 jobs both inside and outside the university, according to a study released yesterday. This finding was part of a study done by UT Knoxville’s Center for Business and Economic Research.
It took more than two years to get into this economic mess, and it’s likely going to take more than two years from now to get out of it. Simply put, that’s the forecast in the 2010 Economic Report to the Governor, an annual report prepared by the Center for Business and Economic Research at UT Knoxville.
State Tax Notes magazine recently printed a list of the most influential people in the state and local tax world during the past 10 years. Bill Fox, director and professor of economics at the Center for Business and Economic Research at UT Knoxville, is part of that all-decade team.