Business news

AAA: Rising gas prices won't impact holiday travel

May 8, 2015

MURFREESBORO, Tenn. (WMOT)  --  Tennessee gas prices have been inching up since the first of the year, but AAA says the increases likely will not impact plans for summer travel.

The average price for a gallon of unleaded regular fuel stands at $2.41 here in Tennessee, that’s 24 cents below the national average and more than a dollar below gas prices this time last year.



NASHVILLE, Tenn. (AP) — The United Auto Workers has drawn up a proposal for creating a German-style works council at Volkswagen plant in Tennessee that is predicated on the automaker recognizing the union as its exclusive bargaining partner.

The UAW's "Vision Statement" released Thursday is based on an agreement struck with Volkswagen before workers narrowly defeated a union vote at the Chattanooga factory last year.

NASHVILLE, Tenn. (WMOT)  --  A new study says Nashville is one of the best cities in the country to work for a small company.

WMOT’s reporting partners at the personal finance website ranked the nation’s 100 largest cities using eleven metrics. Nashville ranked sixth in the nation, coming in ahead of Salt Lake City and just behind Omaha.

Wallethub’s Jill Gonzalez says Nashville scored in the top ten because of unusually high average salaries of around $60,000 a year, and because there are lots of small business jobs to choose from.

MURFREESBORO, Tenn. (WMOT)  --  Just in time for Mother’s Day a new study suggests Tennessee is a surprisingly good place for working moms to find and hold a job.

Our reporting partners at the personal finance website ranked Tennessee 22 among the 50 states, but it ranked well above every Southeastern State except Virginia.

Wallethub analyst Jill Gonzalez says the study rated twelve metrics. Tennessee scored its highest marks in the area of childcare costs.

Latest mid-state consumer survey a mixed bag

May 4, 2015

MURFREESBORO, Tenn. (WMOT)  --  Mid-state consumers are feeling better about the local economy than they have in a decade.

The Office of Consumer Research at Middle Tennessee State has released its quarterly consumer sentiment survey.  It shows consumer sentiment up 33 points over last quarter. It’s also at its highest point since 2004.

Survey director, Dr. Tim Graeff, says mid-state consumers are especially bullish about the local economy. He says one reason is a “growing optimism regarding the local job market.