In light of the ever-changing national situation and outlook, the CRER has released a special forecast outside of its regular schedule of quarterly forecasts. The CRER’s updated forecast provides three scenarios based on the Blue Chip survey, and one based on the occurrence of a moderate recession along the lines of the 1990 and 2001…
4/14/2025: CRER Spring 2025 Forecast for the Chattanooga Economy
The CRER has released its Spring 2025 forecast of employment growth in the Chattanooga Metropolitan Statistical Area for 2025 and 2026. The forecast represents a downgrade that is due partly to revisions of recent job growth, but primarily to the softened national outlook in the wake of the tariff plans unveiled on April 2nd. The…
2/18/2025: CRER Forecast for the Chattanooga MSA
The CRER has released its updated forecasts for job growth in the Chattanooga metro area: Partly because Chattanooga’s fourth quarter job growth was weaker than expected, the near term outlook has been downgraded. The CRER’s previous forecast was for job growth of at least 1.5 thousand per quarter throughout 2025, for a total of 6.7…
1/1/25: What Will the New Year Bring for Chattanooga’s Economy?
The latest issue of the Chattanooga Times Free Press’s Edge magazine has CRER director and chief economist Howard Wall providing his perspective on the Chattanooga economy in 2025: Although Wall downgraded an earlier forecast for employment growth, the UTC economist still predicts metropolitan Chattanooga will add 6,700 jobs in the next year. That would be…
11/13/2024: Fall Forecast of the Chattanooga MSA Economy
The CRER has released its latest forecast of quarterly job growth in the Chattanooga MSA through 2025. Major changes at the national level since the previous forecast include a general election and two rounds of interest rate cuts by the Federal Reserve. Although forecasters are slightly more optimistic about US GDP in 2025, they are…