IRS: Davidson County among national leaders in attracting residents from out of state

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Davidson County was among the leaders nationally in attracting residents from out of state in 2017-2018, according to new data from the Internal Revenue Service (IRS). Nearly 17,000 households representing an estimated 25,000 people (see methodology below) moved to Davidson County from other states in 2017-2018, accounting for the majority of all US-based moves to […]

Health care added nearly $11 billion to Nashville economy in 2018

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The health care industry added nearly $11 billion to Nashville’s economy in 2018, according to newly available county-level statistics from the Bureau of Economic Analysis (BEA). Nashville’s health care industry accounted for $10.996 billion in value-added to Davidson County’s gross domestic product (GDP) in 2018, according to my analysis of BEA’s data, or about $1.50 […]

Brace yourself, San Francisco

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San Francisco is approaching a milestone, and not everybody is going to be happy about it: Average wages in San Francisco are approaching parity with Silicon Valley. Average weekly wages in San Francisco grew by double-digits for the third quarter in a row on a year-over-year (YoY) basis in 2019Q2, according to data released yesterday by […]