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Tennessee Leading Economic Indicators

How is Tennessee’s economy fairing compared to the US? What about the performance of counties and regions of the state? We offer several resources featuring the state’s economic indicators, including a report showing the latest county and regional information.

FRED Dashboard of Leading Economic Indicators for Tennessee

A dashboard of selected state-level economic indicators chosen by faculty and staff at the Boyd Center for Business & Economic Research at The University of Tennessee. They include unemployment, payroll, productivity and income. The interactive dashboard and data are hosted by the Federal Reserve Bank of Saint Louis.

 


Tennessee Economic and Fiscal Indicators (March 2020 – July 2021)

The Boyd Center for Business and Economic Research worked with the Tennessee Department of Finance and Administration to produce a series of data that showed the effects of COVID-19 on Tennessee’s economy.

Update (7/16/2021):
Tennessee’s economy experienced exceptional disruption beginning in March of 2020. The Boyd Center’s weekly economic indicators were compiled as a direct response to the shocks related to jobs, unemployment claims and revenues. Since that time, our detailed tracking of these key indicators has shown continued improvement and in recent months marked stability. In light of this, we are suspending publication of the Weekly Indicators package. In the coming months, as we continue to monitor these areas, we will also be working to develop additional tools to help state and local leaders track conditions in our state’s economy.


Weekly Indicators Report

How does the Tennessee’s economic recovery look in your county or region? Following downturns related to COVID-19 that began in March, 2020, the Boyd Center for Business and Economic Research at UT began publishing a report highlighting key employment and revenue indicators.  Maps and tables are provided including employment, unemployment insurance claims and local sales tax collections. An archive of the monthly reports is still available.


Unemployment Insurance Claims Data and Dashboard for Tennessee, Regions and Counties

Tennessee Unemployment Insurance Claims Dashboard

Our UI Claims dashboard details the 1.17 million initial unemployment claims filed between March 2020 and July 2021. The sudden surge of claims were unprecedented, peaking at over 112,000 filings in early April. Continued claims leveled at over 300,000 in early May of 2020.

In response to the sudden increase in COVID-19 related claims for unemployment insurance, the Tennessee Department of Labor and Workforce Development (TNDOL) published county-level data for initial and continued claims between March 14, 2020 through the week ending July 3, 2021.

This dashboard provides detailed tracking of the claims filed for each county and Local Workforce Development Area (LWDA) for this 69 week period. It focuses on three measures:

  • Initial claims as a share of the labor force
  • Continued claims as a share of the labor force
  • Change since the previous week

Download Data
Because of the historic nature of the event, we have archived the TNDOL UI claim data for use in future research.

Tennessee Counties:

 

Local Workforce Development Areas: