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A1US GDP 2025 $30.86T│A2Real growth +2.3%│A3CPI, 12 mo to Sep 2026 +3.7%│A4Unemployment 2025 4.3%BEA · BLS · Census — updated October 29, 2026
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TN!A1=PROFILE("Tennessee")

Tennessee economy

Tennessee produced $586.2 billion of goods and services in 2025, ranking #16 among the states. Below: growth, income, prices, jobs and the industries behind the total.

Capital Nashville7,315,076 people, 2025Statehood 1796Southeast region
GDP, 2025$586.2B#16 of 51 · 1.9% of US
Real GDP growth, 2025+2.1%#21 of 51 · US +2.3%
Income per person, 2025$69,274#32 of 51 · US $77,028
Unemployment, September 20263.4%#17 of 51 · #1 = lowest
Fig. 1GDP, 1997–2025Current dollars and real (chained 2017) dollars, billions
$0B$200B$400B$600B200020052010201520202025Current dollarsReal, 2017 dollars
Current dollarsReal, 2017 dollars

BEA, GDP by state (SAGDP1). 2025 is the latest annual estimate.

Industries, 2025

Value added by industry and its share of the state economy; rank among 51 by share.

IndustryValue addedSharevs US shareRank
Real estate$74.1B12.6%−1.1 pp32
Government$57.4B9.8%−1.3 pp37
Manufacturing$68.0B11.6%+2.1 pp14
Finance & insurance$37.3B6.4%−2.3 pp29
Professional services$37.8B6.4%−1.5 pp27
Health care$53.7B9.2%+1.6 pp12
Wholesale trade$43.3B7.4%+1.1 pp10
Retail trade$42.3B7.2%+1.3 pp9
Information$22.5B3.8%−1.9 pp20
Construction$24.3B4.1%−0.2 pp34
Transportation & warehousing$26.9B4.6%+1.3 pp7
Accommodation & food$25.2B4.3%+1.2 pp10
Administrative & waste services$21.2B3.6%+0.6 pp5
Other services$14.1B2.4%+0.4 pp2
Management of companies$9.3B1.6%−0.2 pp25
Utilities$7.5B1.3%−0.4 pp47
Mining, oil & gas$1.6B0.3%−1.0 pp26
Education$5.8B1.0%−0.2 pp22
Arts & recreation$12.0B2.0%+1.0 pp2
Agriculture$2.0B0.3%−0.5 pp41
Fig. 2Unemployment rate, 2000–2026Monthly, seasonally adjusted, percent of the labor force
0%5%10%15%20%200020052010201520202025Unemployment rate

BLS, Local Area Unemployment Statistics. Latest month: September 2026.

Metro areas in Tennessee

Metro areas with at least one county in the state; multi-state metros are shown in full. Sums of BEA county estimates, 2024.

Metro areaPopulationGDPIncome per personUnemployment
Nashville-Davidson--Murfreesboro--Franklin, TN2,150,553$224.4B$84,9773.0%
Memphis, TN-MS-AR1,339,345$107.5B$62,6534.4%
Knoxville, TN957,608$70.3B$66,4193.2%
Chattanooga, TN-GA588,050$44.1B$62,0213.3%
Clarksville, TN-KY345,955$18.9B$53,1944.1%
Kingsport-Bristol, TN-VA313,876$19.4B$54,2603.6%
Johnson City, TN214,948$11.5B$55,4813.6%
Jackson, TN183,680$11.8B$55,3563.9%
Cleveland, TN132,120$7.2B$51,9033.8%
Morristown, TN126,932$7.1B$52,1893.7%