BERC: Shortage of STEM Workers Costing Tennessee Jobs

A new study says Tennessee has a severe shortage of workers qualified to fill high-tech jobs, a problem that could cost the state billions of dollars in lost business.
http://wmot.org/post/study-shortage-stem-workers-costing-tennessee-jobs#stream/0

New BERC Housing Report Published

Tennessee home prices up, market improves in Q4 of 2015. 
http://www.mtsunews.com/berc-housing-4q-2015/

BERC: Goodwill Has $38M Impact in Rutherford

Goodwill Industries of Middle Tennessee annually generates wages and salaries of more than $14 million and business revenues of about $24 million in Rutherford County while placing hundreds of people into jobs, according to a report from the Business and Economic Research Center at MTSU. [Read more at DNJ]

BERC Study of Goodwill's Economic Impact

BERC's study shows Goodwill Industries of Middle Tennessee's total economic impact is nearly a half-billion dollars.

http://www.mtsunews.com/berc-goodwill-impact-2015/

BERC Nashville Health Care Study Online

BERC's economic impact study on Nashville's health care industry is online now. http://healthcarecouncil.com/…/indus…/economic-impact-study/

BERC's Nashville Health Care Industry Study

http://healthcarecouncil.com/events/council-economic-impact-study-results-announcement/ 

The Business and Economic Research Center's 2015 economic impact study on Nashville's heath care industry will be revealed by Nashville Health Care Council Aug. 18, 10-11 a.m., at the Bridge Building, 2 Victory Avenue, Suite 100, Nashville, TN 37213.
Registration

Global Commerce: Foreign Investment into Tennessee

http://capone.mtsu.edu/berc/globalcommerce.html 

The latest state exporting research from the Business and Economic Research Center reveals: 2013 foreign investment into Tennessee was higher than for 2008-10 combined, and state exports exceeded $8 billion for the second consecutive quarter. Read more in the new issue of Global Commerce: Tennessee and the International Economy. 

Tennessee Housing Market 3rd Quarter 2013

http://capone.mtsu.edu/berc/housingbrief.html 

"On balance, the housing market in Tennessee improved during the third quarter of 2013 but at a slower pace than in previous quarters...." Read more in Tennessee Housing Market published by the Jones College Business and Economic Research Center.

Tennessee's Business: Innovation

http://capone.mtsu.edu/berc/tennbusiness.html 

Tennessee's Business, published by the Business and Economic Research Center, celebrates innovation in its latest issue, based on the MTSU University Honors College spring lecture series. Topics include 

• alternative fuel for commuting (by Cliff Ricketts),
• the challenges of a global economy (by Pete Barile), 
• the impact of technology on society (by H. Lee Martin), and
• finding your leadership strengths (by Deana Raffo, Department of Management and Marketing).

[more]

Global Commerce

Global Commerce: Tennessee and the International Economy, produced by the Business and Economic Research Center, received the 2013 award of excellence in electronic publications from the Association for Business and Economic Research. The quarterly online newsletter about Tennessee's exporting activity is written by Steven Livingston and designed and edited by Sally Ham Govan.

Economic Outlook Presentation

BERC director David Penn's presentation from the annual Jones College Economic Outlook Conference September 27: [View as pdf | View as ppt]

Tennessee Housing Market Report

http://capone.mtsu.edu/berc/housingbrief.html 

Job creation accelerated in the 1st quarter, but the housing market did not. Read details in the new report by David Penn, director of the Business and Economic Research Center.

[Download pdf]    [See Flash page-flip view]

BERC Nashville Nonprofit Sector Economic Study

The nonprofit sector contributed $20.9 billion to the regional economy in 2011, according to a study by our Business and Economic Research Center for the Center for Nonprofit Management.

[ See Tennessean article  |  download entire study pdf ]

Arik to Present Macroeconomic U.S. Outlook

Business and Economic Research Center Associate Director Murat Arik will give a macroeconomic U.S. outlook presentation at the C2ER (Council for Community and Economic Research) conference in Nashville on May 22. [conference registration information]

Workforce Development Rutherford

http://capone.mtsu.edu/berc/tennbusiness.html 

Tennessee's Business features initiatives by:

• Rutherford County Chamber of Commerce
• Business Education Partnership
• State Collaborative on Reforming Education
• Destination Rutherford
• MTSU Engineering Technology Advisory Committee
• Tennessee Department of Education

Tennessee's Business is published by the Business and Economic Research Center.

Business and Economic Research Center News

www.mtsu.edu/berc 

Tennessee Housing Market 4th Quarter
The housing market continues to improve, especially single-family homes. [more]

Expectations for Nashville Economy
David Penn's presentation to Nashville Risk Management Association Feb. 14
[presentation pdf]

Tennessee Economic Indicators

• Seasonally adjusted initial claims for unemployment insurance in TN increased in Jan. following a large decline in Dec. The less volatile trend continues to show improvement, however. 
• Permits issued for single-family home construction in TN fell again in Dec, the 2nd monthly decline following a large increase in Oct. The trend continues to show improvement. 
• Tennessee unemployment rate remained at 7.6% in Dec., down from 8.5% a year ago. 
• Seasonally adjusted nonfarm employment for TN gained 3,000 jobs in Dec. from the previous month. Over the year, nonfarm employment has gained 36,400 jobs, up 1.4%.
  
• State sales tax collections up 5.1% in Dec. over the year (seasonally adjusted), the largest rise since June 2012. 

Graphs: Tracking Tennessee's Economic Recovery | MSA | County

Updated Employment Data from BERC

http://mtsu.edu/berc

Employment Indicators

• Tennessee unemployment rate fell to 7.6% in Nov., down from 8.2% in Oct. and 8.7% a year ago. Rising employment pushed the unemployment rate lower.
• Seasonally adjusted nonfarm employment for Tennessee rose again in Nov. to the highest level this year and is 1.0% higher over the year, up by 25,800 jobs. All but 3 metro areas are gaining jobs over the year, led by Clarksville and Jackson MSAs. 
• See graphs at Tracking Tennessee's Economic Recovery.

Employment Growth by Industry

Heat tables and summary tables

• Chattanooga MSA
• Clarksville MSA
• Cleveland MSA
• Jackson MSA
• Johnson City MSA
• Kingsport-Bristol MSA
• Knoxville MSA
• Memphis MSA
• Morristown MSA
• Nashville MSA
• Tennessee

[http://www.mtsu.edu/~berc/tacir/tennesseejobs.html]

Global Commerce Newsletter

http://www.mtsu.edu/~berc/globalcommerce.html 

In the new Global Commerce newsletter from the Business and Economic Research Center, Dr. Steven Livingston examines trends and changes in Tennessee's county-level export activity. Mexico became the first country other than Canada to import more than $1 billion in Tennessee products in one quarter. [more]

Tennessee Housing Market

http://www.mtsu.edu/~berc/housingbrief.html 

The Business and Economic Research Center has posted its 3rd Quarter 2012 Tennessee housing newsletter. Housing and manufacturing are leading Tennessee's economy. Single-family home construction is rising but from very low levels. Home sales are gaining in 2 of the 3 largest metro markets. Price stability has reached 6 of the 10 metro areas. [full report]

Report: County Employment and Wages

http://mtsu.edu/berc 

New special report from the Business and Economic Research Center:
Tennessee County Employment and Wages (pdf, Oct. 1, 2012)