Recession News

UT Report: State Economy on a Slow, Steady Path to Recovery

The worst is over for the Tennessee economy, but it will be a long road to full recovery as virtually every measure of economic activity — from real estate to job creation to consumer spending — now remains at a very depressed level. This forecast was released today in the spring update to the 2010 Economic Report to the Governor, an annual report prepared by UT Knoxville’s Center for Business and Economic Research.