Business

11:56am

Fri July 19, 2013
Business

Tenn. Agritourism Visitors Spent More Than $34M in 2012

Credit clearviewhorsefarm.com

KNOXVILLE, Tenn. (AP/WMOT) — A new study of the state's agritourism industry estimates that its economic impact in Tennessee more than doubled between 2006 and 2012.

Researchers with the University of Tennessee Institute of Agriculture estimate visitors to Tennessee agritourism operations in 2012 spent more than $34 million directly and more than $54 million in total.

Those estimates are based on survey responses from 171 Tennessee agritourism farms.

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9:54am

Fri July 19, 2013
Business

Seasonal Losses Push Tenn. Jobless Rate Higher

Credit tn.gov

MURFREESBORO, Tenn. (WMOT)  --  Tennessee’s unemployment rate rose in June for the third straight month.

The Tennessee Department of Labor says the jobless rate rose two-tenths from May’s rate to 8.5 percent in June. Tennessee’s unemployment rate is now nine-tenths of one percent above the national figure of 7.6 percent.

The Department of Labor says Tennessee lost more than 16,000 jobs in June, but spokesman Jeff Hentschel notes most of those positions are seasonal.

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9:54am

Wed July 17, 2013
Business

More Evidence Housing Market is on the Mend

Credit WMOT.org

MURFREESBORO, Tenn. (AP/WMOT)  --  The housing market here in the mid-state and across the nation continues to show signs of recovery.

A Commerce Department report shows that applications to build single-family homes rose in June for the third straight month. Home permit applications were up ten percent last month over June 2012.

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11:52am

Tue July 16, 2013
Business

Volkswagen Marks 5 Years in Tennessee

The VW Passat is built in Chattanooga, Tenn.
Credit vw.com

CHATTANOOGA, Tenn. (AP/WMOT) — The German auto maker Volkswagen is celebrating five years in Tennessee.

The company's vehicle assembly plant in Chattanooga produces the Volkswagen Passat, and more than 150,000 of them were built in 2012.

Chattanooga Chamber of Commerce President Ron Harr says VW's investment spared the area the worst effects of the Great Recession

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10:36am

Thu July 11, 2013
Business

MTSU Alumnus Captures Phi Kappa Phi Fellowship

Jacob Basham

A member of MTSU’s most prestigious honor society has received one of the national organization’s top stipends.

Jacob Basham, who graduated in May with bachelor’s degrees in professional mathematics and general science, has won a $5,000 fellowship from The Honor Society of Phi Kappa Phi.

Basham will use the funding to continue his education at the University of Tennessee’s College of Medicine.

“I’m quite honored to win this national scholarship,” Basham said. “It’s really going to help with tuition and cost-of-living expenses.”

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