15 Fastest Growing Cities in Tennessee [Yahoo! Finance]
FedEx Corporation (FDX)
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Source: Yahoo! Finance
Tennessee's economy is supported by a range of sectors, including agriculture, healthcare, manufacturing, and tourism. As of the third quarter of 2023, the state's annual real GDP reached $524.9 billion, reflecting a growth rate of per year. The retail sector experienced significant economic expansion during this period, with a growth rate of 28.4%. Meanwhile, manufacturing remains the cornerstone of Tennessee's economy, contributing $75 billion to its GDP. Looking ahead to 2024, Tennessee's economic development forecast predicts a growth rate of 1.8%, outpacing the national average of 1.4% for the US. Furthermore, reports indicate that Tennessee has a lower unemployment rate compared to the national average. As of March 2024, the state's unemployment rate was 3.2%, marking a decrease from 3.5% in January 2024. In recent times, Tennessee has allocated more funds to encourage employers and businesses to generate additional job opportunities for its residents. Over the past four year
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FDX
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- 3/21/24 - Beat
FDX
Sec Filings
- 4/26/24 - Form 8-K/A
- 4/9/24 - Form 4
- 4/9/24 - Form 144
- FDX's page on the SEC website