Business news

Tennessee Business Barometer sees steep decline

Feb 1, 2016

MURFREESBORO, Tenn. (WMOT)  --  The Tennessee Business Barometer dropped almost 100 points in the last quarter, reflecting growing pessimism among the state’s business leaders.

The online survey is compiled by Middle Tennessee State’s Jones Business of College and is designed to gauge business sentiment. The Business Barometer dropped from 243 points in October to 146 points January 20.

Poll Director Tim Graeff says Tennessee business community is increasingly concerned about the current state of their industries and, even more troubling, their own particular businesses.


CHATTANOOGA, Tenn. (AP) — Volkswagen CEO Matthias Mueller says he has agreed with U.S. environmental officials not to publicly discuss the next steps in addressing the German automaker's emissions cheating scandal.

Mueller told The Associated Press after a speech to workers at Volkswagen's lone U.S. plant in Chattanooga on Thursday that he understands frustration in the pace of finding a fix.

In Mueller's words: "I am impatient, too. I'd also like a faster solution. But we have to proceed with care."

SPRING HILL, Tenn. (WMOT)  --  General Motors has made good on a promise to bring another vehicle production line to Middle Tennessee, announcing Tuesday at the Detroit Auto Show that the GMC Acadia will be built at Spring Hill.

The Acadia is a ten-year-old midsize crossover SUV, previously built at a GM plant in Lansing, Michigan. GMC spokesman George Jones says the model to be built here in the mid-state beginning this spring has been completely revised.

CLARKSVILLE, Tenn. (AP) — Gov. Bill Haslam says Google will invest $600 million to bring the company's eighth U.S. data center to Clarksville.

The Republican governor and Community Development Commissioner Randy Boyd made the announcement Tuesday. The move, which will be the company's 15th data center globally, is expected to create 70 new jobs.

Google acquired the former Hemlock Semiconductor site in Clarksville, which it will transform into the data center.

NASHVILLE, Tenn. (AP) — Nashville International Airport says United Airlines plans new nonstop service from Nashville to San Francisco International Airport, starting May 5.

It is Nashville's only nonstop flight to San Francisco. The flight leaves Nashville daily at 5 p.m. Central time and arrives at 8:07 p.m. Pacific time. Return service leaves San Francisco at 9:30 a.m. Pacific time and arrives in Nashville at 3:59 p.m. Central time.

Tickets were available for purchase starting Tuesday.