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Quick Facts

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167K+

Tennesseans employed in advanced manufacturing
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1,000+

Foreign-based establishments in Tennessee
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160K+

Tennesseans employed by foreign-based companies
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$50B+

Capital investment by foreign-based companies in Tennessee
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8,300+

Tennesseans employed by Canadian-owned businesses
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70+

Canadian-owned companies in Tennessee

Tune In to Success

Tennessee is consistently ranked as one of the top states for doing business in the United States, factoring in indicators such as cost of living, workforce demographics, location and more. No need to take us at our word, though— the facts speak volumes.

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*Millions of chained 2012 dollars

Sources: U.S. Bureau of Labor Statistics; U.S. Bureau of Economic Analysis; U.S. Census Bureau; Tennessee Secretary of State

Source: US Census Bureau

Source: Lightcast, U.S. Census Bureau 

Source: U.S. Census Bureau 

The concentration of Tennesseans working in the manufacturing sector is 1.35 times the national average.

Tennessee has the second-lowest state and local tax burden per capita, and no income tax on wages.

C2ER’s Cost of Living Index ranked Tennessee eighth for lowest cost of living in the nation for the year 2023.

Sources: C2ER Cost of Living Index

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