Shipping giant UPS is gearing up for an expansion in Nashville that would include more than doubling the footprint of its existing ground package hub here. The world’s largest service for retail and industrial deliveries has a pending application for…
Read MoreTag: economy
TN Grows At Twice the National Average
Unemployment in Tennessee dropped to the lowest level in nearly nine years last month as employers across the Volunteer State added jobs at twice the national pace over the past year. The Tennessee Department of Labor and Workforce Development said…
Read MoreMajor Tire Manufacturer Moving to Nashville
South Korean tiremaker Hankook announced Wednesday that it is relocating its North American headquarters from New Jersey to Tennessee. Company and state officials said in a ceremony at the state Capitol that 200 jobs will move to downtown Nashville, about…
Read MoreTakeaways from Last Week’s GOP Debate
You can give it this much. The Thursday night GOP debate was civil, and probably the last one, too. Rubio is done, Kasich is on vapors and Senator Ted will never stop the Trump Express. In short, The Donald didn’t…
Read MoreEconomy Slows as Recession Nears
The U.S. economy slowed to a crawl in the last three months of 2015, new government data showed Friday, an indication of how tepid global growth is exposing new weaknesses in the nation’s long and sluggish recovery. Gross domestic product,…
Read MoreLeading Investors Worry About Nashville Real Estate Bubble
After building 1,200 apartment units in Nashville over the past three years, Atlanta-based SWH Residential Partners will take a pause this year. The move, driven by concerns about an overheated market, comes as more than 15,000 units are under construction…
Read More95 Million Adult Americans Not Working
The number of Americans not in the labor force last month totaled 94,103,000 — a slight improvement from the 94,446,000 not in the labor force in November–and the labor force participation rate increased a tenth of a point, with 62.6…
Read MoreNashville’s Real Estate Market Begins to Cool
Roughly 3 percent fewer residential properties changed hands in the Nashville area during November versus a year ago, a decline some real estate insiders attributed to a lack of inventory. Despite that decline to 2,397 for last month, more closings…
Read MoreNashville a Top City for Business Growth
Business Insider magazine named Nashville as one of the cities to watch in 2016 when it comes to business. Nashville is one of the magazine’s 13 hottest cities in 2016, after the region has a very successful year. “Nashville has…
Read MoreIs The Booming Economy In Nashville Near An End?
How long can Nashville’s growth boom continue? As The Tennessean’s growth and development reporter, that’s a question I often get asked. Though I lack a crystal ball that can predict the end of the boom with pinpoint accuracy, there are certain…
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