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    Tennessee Tourism Breaks $30B in Visitor Spending in 2023, Creating a Record Tax Benefit for Tennesseans

    Tuesday, July 23, 2024 | 03:34pm

    Nashville, Tenn. (July 23, 2024) – Tennessee tourism generated a record $30.6 billion in direct visitor spending and saw 144 million visitors to the state in 2023, according to newly released data from Tourism Economics and the Tennessee Department of Tourist Development. Tennessee’s direct visitor spending increased 6.2% in 2023. This follows two consecutive years of double-digit growth, driving Tennessee to a 125% recovery over 2019 pre-pandemic levels.

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    COMMISSIONER GONZALES ANNOUNCES WEEKLY FORMULA RATE JULY 23, 2024

    Tuesday, July 23, 2024 | 08:55am

    NASHVILLE--Tennessee Department of Financial Institutions Commissioner Greg Gonzales announced today that the maximum effective formula rate of interest in Tennessee is 12.50 percent per annum. The rate is based on a ceiling of 4 percent over the weekly average prime loan rate of 8.50 percent as published by the Federal Reserve on July 22, 2024.

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