Shelby County Sees Business Rise and Slower Housing

A state report reveals rising new business filings and low recession risks in Shelby County alongside a slower housing market. Officials note that inflation and high mortgage rates are keeping homes on the market longer.

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Tennessee Secretary of State Tre Hargett speaks to Hardin County High School students as the school receives the Anne Dallas Dudley award for registering all eligible students to vote for the third year in a row on Thursday, April 9, 2026.

Tennessee recorded 24,733 new business filings during the second quarter of 2026, marking a 23.1% increase year-over-year. The data comes from the latest quarterly state report released during the summer morning briefing. This surge signals underlying economic resilience across the United States, according to state officials.

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