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KNOXVILLE, TN · EAST TENNESSEE EDITION · THURSDAY, OCTOBER 22, 2026
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Tennessee Farmers Line Up for $212 Million in USDA Payments Private Colleges Drive $22B in Tennessee Economic Activity Pepsi to Close Bottling Plant in Knoxville, Cutting 112 Jobs Tennessee Hemp Tax Money Falls Short as Retail Stores Shrink Tennessee Jobless Rate Holds at 3.4% as Jobs Keep Growing Energy Department Backs $581 Million TVA Grid Upgrade Old Sevier Market Opens on South Knoxville Avenue Knoxville Homebuyers Face Pending-Sales Drop at 6.85% Pepsi to Close Bottling Plant in Knoxville, Cutting 112 Jobs Energy Department Backs $581 Million TVA Grid Upgrade Old Sevier Market Opens on South Knoxville Avenue Knoxville Homebuyers Face Pending-Sales Drop at 6.85% Outsourced HR and Compliance for Growing Knoxville-Area Organizations: What a Full HR Function Actually Covers Workplace Safety and Liability Programs for Knoxville-Area Employers in High-Risk Industries Payroll and Multi-State Tax Compliance for Knoxville-Area Employers: What Growing East Tennessee Companies Need to Know Tennessee Farmers Line Up for $212 Million in USDA Payments Tennessee Hemp Tax Money Falls Short as Retail Stores Shrink
● Knoxville TN Business & Economy

Knoxville TN Business News

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Workforce flows out of University of Tennessee, Knoxville, Pellissippi State Community College, Tennessee Wesleyan University (Knoxville campus), Johnson University, and South College — feeding the engineering, healthcare, finance, and skilled-trade jobs that Knoxville employers fill every year.

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HERE Knoxville Economic Indicators

October 23, 2026
Live Daily
Updated every publish cycle
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0 YTD
HEREKnoxville.com
11
Business Stories This Week
rolling 7 days
HEREKnoxville.com
0
New Openings YTD
—
HERE coverage tracking
1
Major Closures YTD
—
HERE coverage tracking
Weekly Sector Index
Based on 30-day coverage analysis
Manufacturing 1 stories ACTIVE
Technology QUIET
Real Estate QUIET
Retail QUIET
Hospitality QUIET
Healthcare QUIET
Logistics QUIET
Education QUIET
Monthly & Quarterly
Knox County data · Last pulled Oct 12
3.2%
Unemployment Rate
▲ +3.2% YOY
BLS via FRED · Aug 2026
$420K
Median Listing Price
Realtor.com via FRED · Sep 2026
Knox County
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Tracking
Employed Residents (County) 252.0K ▼ 1.8% YOY
Per Capita Income (County) $72,840 ▲ +4.9% YOY
County Population 511,453 ▲ +0.8% YOY
Daily metrics from HERE coverage · Government data via FRED, Redfin
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Pepsi to Close Bottling Plant in Knoxville, Cutting 112 Jobs

Knoxville TN Business News KNOXVILLE, Tenn. — Pepsi plans to shut down its bottling plant in Knoxville, a move that will cost 112 people their jobs, according to a layoff notice the company filed under the federal WARN Act. The plant sits at 2708 Federal Rd., on the South Knoxville side of the Tennessee River. […]

October 20, 2026
Business
October 14, 2026

Knoxville TN Business News WASHINGTON — The U.S. Department of Energy said Tuesday it intends to back the Tennessee Valley…

Business
October 13, 2026

Knoxville TN Business News Knoxville, Tenn. — Old Sevier Market is now serving South Knoxville at 906 Sevier Ave., Suite…

Business
August 12, 2026

Knoxville TN Business News The national housing market experienced a notable downturn in the final week of July, with pending…

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How federal, state, and local policy decisions are landing on Knoxville's biggest employers — Knox County Schools, University of Tennessee Knoxville, Covenant Health, Walmart and UT Medical Center, and the small businesses that ride their wake. We grade each item Helping, Hurting, or Watch. Items without a clear local-business angle don't appear here.
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HURTING
LOCAL · OCT 21
Council Halts Apartments at Kerbela Temple Site in Knoxville
KNOXVILLE, Tenn. — Plans for apartments where the Kerbela Shriners Temple has long stood in South Knoxville are stalled after Knoxville City Council reversed the Planning Commission and sided with…
FULL STORY →
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HURTING
LOCAL · OCT 17
Hegseth Brings Military Tour to Neyland Stadium in Knoxville
KNOXVILLE, Tenn. — Defense Secretary Pete Hegseth plans to spend Saturday in Knoxville, where he will watch No. 14 Tennessee host No. 7 Alabama at Neyland Stadium and fold the…
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?
WATCH
STATE · OCT 15
Early Voting Underway in Knoxville, Three Amendments on Ballot
KNOXVILLE, Tenn. — Voters in Knoxville and the rest of Knox County can cast midterm ballots early at any of the county's sites from now until Oct. 29, and anyone…
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✓
HELPING
LOCAL · OCT 15
Council Sides With Residents on Kerbela Site in Knoxville
KNOXVILLE, Tenn. — A split Knoxville City Council on Tuesday night sided with South Knoxville residents who challenged a plan to redevelop the former Kerbela Shriners property, voting 5-4 to…
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Knoxville is in Knox County, Tennessee. Major employers in the Knoxville area include Knox County Schools, University of Tennessee Knoxville, Covenant Health and Walmart.

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Latest Knoxville Business News

  1. Pepsi to Close Bottling Plant in Knoxville, Cutting 112 Jobs

    KNOXVILLE, Tenn. — Pepsi plans to shut down its bottling plant in Knoxville, a move that will cost 112 people their jobs, according to a layoff notice the…

  2. Energy Department Backs $581 Million TVA Grid Upgrade

    WASHINGTON — The U.S. Department of Energy said Tuesday it intends to back the Tennessee Valley Authority, based in Knoxville, Tenn., on 84 transmission and distribution projects in…

  3. Old Sevier Market Opens on South Knoxville Avenue

    Knoxville, Tenn. — Old Sevier Market is now serving South Knoxville at 906 Sevier Ave., Suite 130, a locally owned corner grocery years in the making along that…

  4. Tennessee Farmers Line Up for $212 Million in USDA Payments

    NASHVILLE, Tenn. — Roughly $212.2 million in federal farm support is headed to Tennessee growers, ranchers and landowners, the state office of the USDA Farm Service Agency announced…

  5. Private Colleges Drive $22B in Tennessee Economic Activity

    NASHVILLE, Tenn. — Tennessee private, nonprofit colleges and universities account for more than $22 billion in economic activity a year, according to a statewide study now being broken…

  6. Tennessee Hemp Tax Money Falls Short as Retail Stores Shrink

    NASHVILLE, Tenn. — Tennessee's tougher hemp law is shrinking the retail stores and suppliers it regulates, and state tax collections from hemp products are coming in at a…

  7. Tennessee Jobless Rate Holds at 3.4% as Jobs Keep Growing

    NASHVILLE, Tenn. — Tennessee closed out the summer with its jobless rate parked at 3.4%, the September reading from the state labor department shows, the third month in…

  8. Knoxville Homebuyers Face Pending-Sales Drop at 6.85%

    The national housing market experienced a notable downturn in the final week of July, with pending home sales falling 1.7% and reaching their lowest level since early April.…

  9. Outsourced HR and Compliance for Growing Knoxville-Area Organizations: What a Full HR Function Actually Covers

    For East Tennessee companies that have outgrown a bookkeeper-plus-owner HR arrangement but are not yet ready for a full internal department, the outsourced HR partnership has become the…

  10. Workplace Safety and Liability Programs for Knoxville-Area Employers in High-Risk Industries

    For East Tennessee construction, energy, and manufacturing employers, a written safety program is no longer optional infrastructure — it is the baseline documentation that decides whether an incident…

  11. Payroll and Multi-State Tax Compliance for Knoxville-Area Employers: What Growing East Tennessee Companies Need to Know

    For Knoxville and Knox County employers whose workforce now crosses state lines, payroll tax compliance is no longer a back-office chore — it is an audit-ready operations discipline.