“As counties and metro areas across Tennessee experience the economic effects of COVID-19, this new site allows the general public to better track and understand how the virus is impacting the state,” Livingston said. BERC Associate Director Steven Livingston, Ph.D., said the BERC team has been collaborating remotely since March on developing the new dashboard, tracking the state economy in a volatile time. The data displayed in the dashboard is beginning to reveal the full impact of the COVID-19 pandemic on Tennessee’s economy, as many businesses closed, and many Tennesseans remained at home to contain the spread of the disease. (Courtesy of the MTSU Business and Economic Research Center) This screenshot shows the new interactive dashboard available on the new version of “Tracking Tennessee’s Economy” website, a partnership between MTSU’s Business and Economic Research Center and the Tennessee Advisory Commission on Intergovernmental Relations. His research focuses on regional economic trends, international business dynamics, strategic management of resources, and innovation management. “The new site is a greatly modernized platform to clearly visualize Tennessee’s economic data at a time when there is a greater focus on the state’s fiscal health,” said Arik, an assistant professor of management at MTSU.Īrik has consulted extensively with local and state government agencies, chambers of commerce, and private businesses. The new site features a monthly analysis by BERC Director Murat Arik, Ph.D., examining data at the state and county levels as well as for the 10 different metropolitan statistical areas (MSA). The MSA indicators include seasonally adjusted weekly unemployment claims, single-family home construction permits, state sales tax collections, nonfarm employment, unemployment rates, average weekly hours worked, and average hourly earnings for Tennessee. On the site, economic indicators are available for Tennessee’s 95 counties, including labor force, employment, unemployment, unemployment rate, and sales tax collections.
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