Source: Bureau of Labor Statistics 2016‐2020
Business Growth
Year to Year % Change in Employing Establishments 2016‐ 2020
% Change 2016‐ 2020 Establishments
Area
6.0%
USA
8%
4.9%
4.8%
4.8%
TN
13%
5.0%
4.6%
GNRC Region
21%
3.8%
4.0%
3.1%
2.9%
3.0%
2.6%
In the last 5 years, our region has outpaced the nation and state in business growth. Year to year, that growth has been steadily increasing since 2015.
2.4%
2.2%
1.8%
2.0%
1.2%
1.0%
0.0%
USA
TN
GNRC Region
18
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