Before COVID-19, one in five Tennesseans already had medical debt on a credit report. This pandemic and recession could make it an even bigger problem.
Continue readingTennessee Tax Revenue Tracker for FY 2020
Despite the onset of a recession, Tennessee collected about $396 million (or 2%) more tax revenue in FY 2020 than originally budgeted for the fiscal year
Continue readingFederal Coronavirus Funding for Tennessee
Tennessee will get over $25 billion in federal aid, including $8 billion to state government. Much of the relief has already occurred or will soon expire.
Continue readingSummary of the Final FY 2021 Budget
Facing an expected $1.5 billion revenue shortfall over two years, Gov. Lee and state lawmakers turned to nearly every available tool to balance the budget.
Continue readingUnemployment Insurance in Tennessee
Over the last two decades, Tennesseans have been less likely than other out-of-work Americans to get unemployment benefits. Meanwhile, the value of those benefits has fallen
Continue readingHow Big Is Tennessee’s Revenue Drop Going to Be?
Four economists gave their best estimates of how the coronavirus pandemic will affect state tax revenue in the current and next fiscal years.
Continue readingWhich Tennessee Counties Might See the Largest Drop in Sales Tax Revenue?
As the coronavirus’ economic toll grows, the Great Recession offers clues for how falling sales tax revenues will affect county budgets.
Continue readingHow State Policy Shapes Local Governance in Tennessee
Tennessee’s local governments often have the most impact on our daily lives, but state policies frequently shape their options, decisions, and priorities.
Continue reading5 Ways to Measure Prosperity in Tennessee
Unemployment, labor force participation, GDP, income, and poverty are five of the many ways to measure growth and prosperity in Tennessee.
Continue readingMeasuring Prosperity: Gross Domestic Product
While GDP offers valuable insight into Tennessee’s economy, there are many aspects of economic well-being it does not capture.
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