Governor Bill Haslam, Tennessee Department of Tourist Development announce Record-Setting High for Economic Impact

Tennessee Department of Tourist Development 

Nashville, TN – Tennessee Governor Bill Haslam and the Tennessee Department of Tourist Development Commissioner Kevin Triplett announced that Tennessee tourism’s direct domestic and international travel expenditures reached a new all-time record high of $20.7 billion in 2017, up 6.3 percent over the previous year, as reported by the U.S. Travel Association. The announcement was made at the Musicians Hall of Fame and Museum.

The economic impact of domestic travel in Henry County was $57.26 million with $7.35 million generated in local tax receipts.

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Tennessee Ranks in Top Five as Retirement Destination

Nashville, TN – Tennessee has been named No. 4 in a recent analysis of the 10 Best States for Retirement 2016 by Kiplinger.com, a Washington, D.C.-based publisher of business forecasts and personal finance advice. The report rated all 50 states based on quantifiable factors that are important to retirees.

Affordability, especially in terms of lower taxes on retirees and lower health care costs, was a key factor in the research. The economic health of the state, as well as the overall health of the population, was also taken into account. States with prosperous populations of residents age 65 were also important in the comprehensive analysis.

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