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Tennessee Economic Outlook

Explore the economic trends in Tennessee from 2005 to 2019, including GDP, employment, tax revenues, and migration. Detailed insights and forecasts presented by Professor Matthew N. Murray from UT Center for Business and Economic Research.

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Tennessee Economic Outlook

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  1. Tennessee Economic Outlook Professor Matthew N. Murray UT Center for Business and Economic Research March 29, 2010

  2. Real GDP: 2005 to 2012 Source: IHS Global Insight, Inc. Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  3. Tennessee Real GDP: 2005 to 2012 Source: CBER-UT, An Economic Report to the Governor of the State of Tennessee: 2010. Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  4. Growth in Personal Income, Tennessee and the U.S. : 2005 to 2013 Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  5. Tennessee Nonfarm Employment:January 2008 to January 2010 (seasonally adjusted) Source: Bureau of Labor Statistics. Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  6. Tennessee Nonfarm Employment:2006 to 2012 (seasonally adjusted) Source: Bureau of Labor Statistics and CBER-UT. Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  7. Tennessee Nonfarm Employment by Sector: 1999, 2009 & 2019 Source: Bureau of Labor Statistics and CBER-UT. Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  8. Tennessee Manufacturing Employment: 1999, 2009 & 2019 Source: Bureau of Labor Statistics and CBER-UT. Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  9. Tennessee Monthly Total Nonfarm Employment Indexed to Beginning of Recession Note: Employment data are seasonally adjusted. Source: Calculated by CBER using data from the Bureau of Labor Statistics. Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  10. TN Initial Unemployment Insurance Claims and Benefits Paid: Jan-07 to Feb-10 Source: U.S. Department of Labor. Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  11. Unemployment Rate: January 2010 Tennessee NSA 11.5%United States NSA 10.6% Less than 10.0% 10.0% to 14.9% 15.0% to 19.9% 20.0% or higher Note: County data are not seasonally adjusted. Source: Bureau of Labor Statistics. January SA rates: TN 10.7% US 9.7% Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  12. Domestic Migration: 2000, 2007 & 2009 Source: U.S. Census Bureau. Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  13. Tennessee Monthly SA Unemployment Rate Indexed to Beginning of Recession Note: Unemployment rate data are seasonally adjusted. Source: Calculated by CBER using data from the Bureau of Labor Statistics. Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  14. Tennessee Building Permits:January 2005 to January 2010 Source: U.S. Census Bureau, Building Permits Survey (as reported in the State of the Cities Data System [SOCDS] database). Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  15. Mortgage Delinquency Rate (90+ Days Past Due): 1995.1 to 2009.4 Source: Mortgage Bankers Association, National Delinquency Survey Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  16. Loans In Foreclosure: 1995.1 to 2009.4 Source: Mortgage Bankers Association, National Delinquency Survey Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  17. Growth in State Quarterly Tax Revenue:October-December 2008 to 2009(year over year % change) U.S. -4.1% Less than 10.0% -10.0% to -5.0% -4.9% to 0% Greater than 0% No data Source: Calculated by the Rockefeller Institute from Census data. Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  18. TN Tax Collections, Total and Sales & Use:January 2007 to February 2010 Source: Tennessee Department of Revenue, Revenue Collections, monthly. Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  19. Tennessee Monthly Sales & Use Tax Revenue Indexed to Beginning of Recession Source: Calculated by CBER using data from the Tennessee Department of Revenue. Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  20. Actual and Adjusted Total Tennessee Tax Collections as a Share of Personal Income, 1970 to 2009 Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  21. Tennessee Revenue Forecast: March 2010(millions of dollars) Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  22. Total Tennessee Tax Revenues and Revenues as a Share of Personal Income, 2007 to 2019 Policy Change Scenario Policy Neutral Scenario Cyclical Forecast ← → History ← → Trend Forecast ← → Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

  23. Center for Business & Economic Research College of Business AdministrationThe University of Tennessee, Knoxville716 Stokely Management Center916 Volunteer BoulevardKnoxville, Tennessee 37996-0570 phone: 865.974.5441fax: 865.974.3100http://cber.bus.utk.edu Matthew N. Murray, Center for Business and Economic Research, UT Knoxville

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