Home   |  Staff   |  Local News   |  Area Events   |  Birthdays   |  Photos   |  Contact Us   |  Employment
Thursday, February 07, 2019

Tennessee Economic Barometer
The Tennessee Business Barometer dropped sharply from the end of last year, according to the latest snapshot of business leaders’ opinions measured by MTSU’s Jones College of Business. The Business Barometer Index now stands at 355, down from 525 in October 2018, and its lowest level since before the presidential election in 2016. “Even though perceptions of the current economy remain relatively steady, expectations for the future economy as well as for individual firms/businesses have fallen,” noted Tim Graeff, MTSU marketing professor and director of the university’s Office of Consumer Research. “The reason for this drop can be summed up in one word — uncertainty.” The index is determined by the percentage of positive and negative responses to a series of economic questions. Political uncertainty accompanying the new Congress, apprehension about potential tax increases and fears of greater governmental regulation all contributed to unease among business leaders, along with the partial government shutdown and the growing national debt. Compared to October, concerns related to political uncertainty, economic uncertainty, and increasing business/government regulation have risen dramatically, and have given rise to decreasing expectations for the future. Although optimism about the state’s economy subsided somewhat, perceptions remain “generally positive,” Graeff says. Outlook for the state’s economy is more positive than for the overall U.S. economy, with business leaders expecting stable growth in the state’s economy. Even though the overall index fell dramatically, perceptions of the economy are still relatively positive.

Return to Today's News Stories - Front Page

Wednesday, April 24, 2019

  • House approves voucher bill
  • Newport City Council special meeting
  • Newport Utilities
  • Drug take-back

    Tuesday, April 23, 2019

  • Six injured in crash
  • Cocke Finance Committee
  • Cocke County grand jury
  • Legislative action

    Monday, April 22, 2019

  • Cocke County flooding
  • Tennessee jobs
  • NFL draft coming to Nashville
  • Earth Day
  • Sturgein release

    Saturday, April 20, 2019

  • Turner arrest
  • Southerland report
  • Unemployment in Tennessee
  • Mueller report

    Friday, April 19, 2019

  • TDOT projects
  • Cocke County Partnership
  • Voucher plan may be stalled

    Home  |  Staff  |  Photos  |  Local News  |  Contact Us  |  Employment

    © 2007 92.3 WNPC - Bristol Broadcasting Company, Inc.
    All Rights Reserved