MTSU's Steven Livingston breaks down some stats about Tennessee's imports by industry and point of origin. As he himself points out, it's interesting stuff for knowledge's sake, but the biggest takeaway comes from the high-level view that shows a nice 2010 trend.
Jun 3, 2010 7:14 AM
The value of Tennessee's exports rose 7 percent to a shade under $6 billion in the fourth quarter of 2009, says MTSU professor Steven Livingston in his latest newsletter on the topic. Autos and chemicals led the way, with a number of other product categories — including whiskey — kicking in, too.
The early returns for 2010 suggest that it’s not a fluke. January exports were up 20% from a year earlier, and February’s were up 36%. At this rate, 2010 state exports would grow by nearly $4 billion from a year ago. An increase of that size still seems unlikely, but after the past two years it’s nice to realize it is even a possibility.
Apr 27, 2010 7:14 AM
MTSU professor Steven Livingston takes an interesting look at the rise in requests for federal aid under the Trade Adjustment Assistance program. It appears globalization, our state's manufacturing make-up and recession are all factors to some extent, but pinning the increase on any one of them is tricky.
In 2009, about $3.1 million of the $165 million appropriated for the program went to Tennessee. This has increased by 27% in the past four years, as the state takes an ever larger portion of total TAA distributions. In other words, Tennessee needs more and more support relative to other states.
Feb 3, 2010 8:48 AM