More Signs of Trouble for the East Tennessee Economy
VOLuntarilyConservative blog has got a good point concerning the local economy. I will have a post soon that will provide some interesting data about the local economy.
There have been several major events related to the local economy here in Knoxville – Goody’s and IPIX going belly-up being at the top of the charts. Blount County has also been hit hard, with Alcoa experiencing lay-offs, the boat manufacturing plants and Denso cutting back hours, and a recent report (along with confirmation to me from anonymous sources familiar with the situation) that Clayton Homes may be in serious trouble.
And while massive lay-offs at The University of Tennessee may create more problems, Knox and Blount Counties are fortunate to have multiple large employers in their municipal boundaries. Other places close to home are not so lucky.
Read more via VOLuntarilyConservative: More Signs of Trouble for the East Tennessee Economy.