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Statistics Show Steady Growth for Nashville MSA

Thursday, March 21, 2013
Posted by: Garrett Harper - Research & Economic Data
We know the Nashville region is growing quickly, and the recent addition of Maury County to the Nashville Metropolitan Statistical Area (MSA) based on the 2010 Census is more evidence of that fact. With the official inclusion of Maury County, the Nashville MSA now comprises 14 counties. The U.S. Office of Management and Budget establishes the criteria for inclusion of ...
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Category: Research
Tags: Middle Tennessee Joel Kotkin economic growth Maury County Nashville MSA economic diversity

Economic Census Is Due Next Month

Thursday, January 10, 2013
Posted by: Garrett Harper - Research & Economic Data
In November and December, more than 4 million American businesses, including 12,000 businesses in Davidson County, received 2012 Economic Census forms from the U.S. Census Bureau. By law, these businesses must respond by February 12.

The Economic Census is the U.S. government's official five-year measure of American business and the economy. It is conducted by the U.S. Census Bureau, and ...
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Category: Research
Tags: economic census economy data analysis U.S. Census Bureau business

National Research Shows a Trend Toward Smaller Businesses

Wednesday, April 18, 2012
Posted by: Garrett Harper - Research & Economic Data
Businesses are getting smaller. Well, more precisely, the average size of businesses in the U.S. economy appears to be getting smaller. In new research from the U.S. Bureau of Labor Statistics, data indicate that the average firm size has declined from 17.3 workers in 2000 to 15.7 in 2011. The phenomenon of business’ average size shrinking has occurred in every ...
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Category: Research
Tags: startups U.S. Bureau of Labor Statistics entrepreneurship workforce

Taking Research Data with a Grain of Salt

Monday, August 15, 2011
Posted by: Garrett Harper - Research & Economic Data
In times of greater economic turbulence, it’s natural to seek out reassuring statistics, yet volatile conditions also mean that data themselves are subject to much variation. Clarity often comes only with time, and the research field is no exception. Government data are often subject to protracted periods of revision, sometimes stretching into spans of years. A recent article in The ...
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Category: Research
Tags: survey recession economy data analysis

How Does Tennessee Rank in its Friendliness to Small Business?

Friday, January 07, 2011
Posted by: Garrett Harper - Research & Economic Data

Small Business Survival Index 2010The latest Small Business Survival Index (SBSI) offers encouragement to small businesses evaluating Tennessee as a location. In their 15th annual ranking of states, the Small Business Council’s SBSI places Tennessee as the 11th most positive state for small business and entrepreneurship, among all 50 states and the District of Columbia. The study measured 38 separate major government-imposed or government-related ...

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Category: Research
Tags: Small Business Council entrepreneurship small business survival index small business tennessee

Examining the Link Between Small Business Borrowing and Housing Prices

Thursday, December 30, 2010
Posted by: Garrett Harper - Research & Economic Data

As the national economy shows numerous signs of strength at the end of 2010, mixed messages continue to reveal challenges in the housing industry. At the same time, lingering sentiment remains questioning the ability of small businesses to access credit relative to pre-recession levels. New research by the Federal Reserve Bank of Cleveland suggests that a relationship between these two ...

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Category: Research
Tags: Federal Reserve Bank of Cleveland housing small business recession economy

Share Your Feedback on Small Business Credit

Wednesday, July 21, 2010
Posted by: Garrett Harper - Research & Economic Data

Are you a small business owner with something to say about credit demand and availability? Then we encourage you to share your experience in a short survey commissioned by the Federal Reserve Bank of Atlanta.

The Atlanta Fed and its branches (including its office in Nashville) are conducting this survey to get a current read on small business credit ...

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Category: Research
Tags: Federal Open Market Committee Federal Reserve Bank of Atlanta Atlanta Fed credit small business business

Continuing to Assess the Flood’s Business Impact

Friday, May 28, 2010
Posted by: Garrett Harper - Research & Economic Data

The Nashville region flood of May 2010 represents a significant economic event in our area’s history. The data we have collected thus far continue to reveal the extent of damage to businesses. Davidson County businesses impacted by the flood and sustaining structural damage employ a minimum of 8,368 workers and have total annual revenues in excess of $2.8 billion. The ...

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Category: Research
Tags: business recovery flood flood impact business

To Export or Not to Export

Tuesday, April 20, 2010
Posted by: Garrett Harper - Research & Economic Data

By a number of measurements, Nashville has the characteristics of an international center. During a recent survey of more than 100 key Nashville businesses already engaged in international work, 68% said they plan to expand or change activity, and 53% plan to expand or change their primary overseas markets. These findings are highlighted in a new directory for the International ...

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Category: Research
Tags: Michael Porter international business in Nashville foreign direct investment exporting international business nashville business Wall Street Journal importing international trade The Economist

The Census and Nashville - Every Response Matters

Monday, March 15, 2010
Posted by: Garrett Harper - Research & Economic Data

No data source in the nation rivals the U.S. Census for its breadth of coverage of vital information about the workings of our society. No private source could fund or support a regular survey of 308 million people drilled down to a neighborhood level. The U.S. Census is a rich statistical resource for businesses and many other types of data ...

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Category: Research
Tags: Brookings Institution nashville economy 2010 Census data analysis
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