In Tennessee, nonfarm employment will grow 1.6 percent in 2014 and 1.7 percent in 2014, slightly below natural rates of growth. Gains in manufacturing employment will begin to taper, growing by only 0.6 percent in 2014 and 0.2 percent in 2015. The state unemployment rate will fall to 6.5 percent in 2014 and 6.1 percent in 2015. Tennessee’s unemployment rate hasn’t fallen below 6.5 percent since 2008. Nominal personal income is projected to rise by 4.3 percent in 2014 and 4.7 percent in 2015. Taxable sales will expand by 3.4 percent in 2014 and 3.6 percent in 2015.