PUBLICATIONS & RESEARCH
Use the search field below to find Boyd Center for Business & Economic Research publications by title, author, or date of publication.
Tennessee Business Leaders Survey, Winter 2023
Publication Date: March 13, 2023
Many business leaders from across Tennessee responded to the Boyd Center’s semi-annual Business Leaders Survey, providing a unique perspective on the Tennessee and U.S. economies. Responses were provided between January 6 and January 26, 2023. Respondents represent a broad sample of Tennessee’s businesses, both by size and by industry.
Tennessee’s Post-Pandemic Workforce: Implications for the Value of Going to College
Publication Date: February 3, 2023
In the decade since the Drive to 55 was initiated, much has changed. According to the American Community Survey, 58% of Tennesseans 25 and older had at least some college-level education in 2019, up from 53% in 2010. However, as the impacts of COVID-19 reverberate throughout our economy, the current environment is more favorable for workers without college than it has been for a generation or more. A tight labor market, high college costs alongside high rates of student loan default, and growth in job opportunities for workers without college have led many to question if college is still worth the cost. What is the average long-term payoff from enrolling in college?
Economic Report to the Governor, 2023
Publication Date: December 15, 2022
This 2023 volume of An Economic Report to the Governor of the State of Tennessee is the forty-seventh in a series of annual reports compiled in response to requests by state government officials for assistance in achieving greater interdepartmental consistency in planning and budgeting efforts sensitive to the overall economic environment. Both short-term, or business cycle-sensitive forecasts, and longer-term, or trend forecasts, are provided in this report. The report’s special section provides an assessment of advanced manufacturing in Tennessee.
The Impact of TennCare: A Survey of Recipients, 2022
Publication Date: December 4, 2022
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.
Assessing Advanced Manufacturing in Tennessee
Publication Date: June 15, 2022
Manufacturing is critically important to the Tennessee economy, representing 14.5 percent of the state’s GDP, 13.3 percent of the state’s private, non-farm employment, and paying an average annual wage that is above the statewide average. However, TN manufacturing employment has declined by more than 28 percent since 2000, mirroring the nationwide experience. In a similar period, national manufacturing output-per-worker (productivity) increased, revealing that the state and U.S. now manufactures more with fewer employees. This increase in productivity is a clear reflection of the effect and importance of what has become known as advanced manufacturing (A-M). What does it mean to be advanced in manufacturing? Are some manufacturing industries more advanced or differently advanced than others? Which states have the biggest share of manufacturing that is advanced? Which locales have or are developing the key attributes necessary to support a robust advanced manufacturing presence? We investigate these questions using input, output, productivity, and other data that are gathered at the national, state, and county levels.
Tennessee Business Leaders Survey, Summer 2022
Publication Date: September 14, 2022
Many business leaders from across Tennessee responded to the Boyd Center’s semi-annual Business Leaders Survey, providing a unique perspective on the Tennessee and U.S. economies. Responses were provided between August 2 and August 21, 2022. Respondents represent a broad sample of Tennessee’s businesses, both by size and by industry.
Key Facts and Research on Changes in College-Going
Publication Date: May 23, 2022
The COVID-19 pandemic may have fundamentally altered the trajectory of college-going, retention, and completion rates for students nationwide and the Drive to 55 in Tennessee. We review the data on key student metrics for East Tennessee, examine the evidence on the causes of shifting student behavior, and evaluate possible policy options with key stakeholders.
Tennessee Business Leaders Survey, Winter 2022
Publication Date: February 10, 2022
Many business leaders from across Tennessee responded to the Boyd Center’s semi-annual Business Leaders Survey, providing a unique perspective on Tennessee and the nation’s economies. Responses were provided between January 10 and January 31, 2022. Respondents, nearly 60 percent of whom are CEOs or company owners, represent a broad sample of Tennessee’s businesses, both by size and by industry.
Economic Benefits of Hosting the World Cup in Nashville
Publication Date: December 1, 2021
This study examines the economic impact that construction, operation, and tourism associated with Nashville hosting four World Cup soccer matches during one month in 2026 would have on the Tennessee economy. The games would be held at Nashville’s Nissan Stadium, the current home of the Tennessee Titans. The economic impact from hosting the games would come from the construction of new/renovated facilities, operations of the games themselves, and tourism that arises as visitors come to Nashville to attend the World Cup games and associated events. Tourism will generate most of the World Cup’s economic effects, but construction, and spending at the matches will also generate economic activity for the state. This analysis focuses on the one-time economic impact of hosting the World Cup in 2026, but the attention Nashville receives from being thrust onto the world stage could offer much longer-term economic gains.
Natural Gas Transportation Constraints in Tennessee
Publication Date: August 3, 1995
Over recent years, the natural gas industry has undergone significant restructuring in response to Federal deregulation initiatives. As a result, natural gas services are now purchased individually, as opposed to a bundled product, and the nation’s interstate pipeline companies are subject to open access, offering the promise of increased competition and reduced upward price pressure. Market players, including local distribution companies, pipeline transporters, major industrial consumers and state public utility commissions, continue to adapt to the changing economic landscape.