Many business leaders from across Tennessee responded to the Boyd Center’s second Business Leaders Survey, providing a unique perspective on Tennessee and the nation’s economy. Responses were provided between January 19 and February 1, 2021, which represents a very challenging time in the nation’s economy because of continuing COVID-19 issues.
Business formation is a critical component of local and national economic growth. The creation of new jobs and establishments from newly minted firms helps ensure the vitality of entrepreneurial activity in the United States. However, Pugsley and Sahin (2019) document a prominent and problematic 30-year decline in new employer business startups, something closely linked with "jobless recoveries." This is especially concerning given that nearly 20 percent of entrepreneurship stems out of necessity, as opposed to opportunity, during cyclical downturns (Fairlie and Fossen, 2019). The extent to which new firms are able to begin operating as innovative vessels during depressed economic times directly influences the pace at which the national economy can recover to pre-recession levels.
The Boyd Center for Business and Economic Research at the University of Tennessee, under contract with the Department of Finance and Administration of the State of Tennessee, conducted a survey of Tennessee residents to ascertain their insurance status and use of medical facilities and their level of satisfaction with the TennCare program. A target sample size of 5,000 households allows us to obtain accurate estimates for subpopulations. The Boyd Center prepared the survey instrument in cooperation with personnel from the Division of TennCare.
As Tennessee grapples with COVID-19, the Boyd Center has partnered with the Tennessee Department of Finance and Administration to produce a series of weekly and monthly data that shows how the coronavirus pandemic is affecting Tennessee’s economy.Review the Data
View our maps of Tennessee’s metropolitan and micropolitan statistical areas.Learn More
The Boyd Center has a long history of research on various facets of education policy and budgeting, from pre-kindergarten through post-secondary and adult education.Our Reports
Each year, the Boyd Center conducts a survey of Tennessee residents’ insurance status and use of medical facilities.Our Reports
The state's residential population is up 8.9 percent since 2010, the Tennessee State Data Center says