If you have questioned how well the Volunteer State is doing in their economic recovery from the COVID Pandemic – then a new study may answer your curiosity.
Based on the analysis of millions of data points across 23 key metrics organized into three key indicators of economic recovery — Consumer Confidence, Job Market Strength, and COVID-19 Safety — the 2022 rankings represent the first comprehensive, post-pandemic study of the leading indicators of economic recovery (or deterioration).
Numbers show Tennessee is showing promise, economically speaking. The state’s Gross domestic Product (GDP) has increased by 11%, when compared to pre-pandemic figures. This means that Tennessee ranks in the 8th BEST position Nationwide for their GDP scores.
The analysis released on Tuesday shows that Tennessee has the 18th BEST job market strength in the U.S.
Despite the high marks, numbers show that the state has work to be done in the area of consumer confidence. Tennessee scored at number 33 in that category.
Scroll down for Rutherford County specific news on COVID and the current outlook...
Tennessee Economy and More - Continued...
Closer to home in Rutherford County, MTSU released a report on how Middle Tennesseans view the economy. The report showed that only 8% of Middle Tennessee residents feel that business conditions are good nationwide. But, 15% of survey respondents feel that business conditions will improve. Research from Middle Tennessee State also showed that 64% of survey respondents suggested they feel worried about the future of our nation and 57% said they feel frustrated and / or worried.
The best news is that COVID numbers continue to remain low in Rutherford County, when compared to numbers from 2019 through 2021.
So far, there have been 95,593 positive COVID cases and 883 deaths, since the start of the Pandemic. On a more positive note, there have been 94,641 cases that have been recorded as inactive or recorded.
According to the Tennessee Department of Health, the most recent 7-day count of COVID numbers indicate there have been 3.7 positive cases daily per every 100,000 residents.