Performance Metrics Dashboards Appendix

How did TNECD develop this web site? The dashboards were developed internally by TNECD staff using Tableau business intelligence and analytics software. The State of Tennessee’s Strategic Technology Solutions (STS) division provided support in development and project management.

Where can you find the key performance indicators (KPIs)? Select a performance category to view a variety of key performance indicators (KPIs). Each tile provides one goal* for the current calendar year, as well as progress that has occurred during the current calendar year in achieving the goal. View dashboard to learn more about the goal and related activity/achievements.

* There are a few tiles which do not list a goal. These tiles and dashboards provide additional information which TNECD wanted to make available, even though they do not have an associated key performance metric goal.

Data Sources. All dashboards provide analysis of TNECD internal data, with the exception of the following dashboards which incorporate other data sources:

Data Source Analyzed


Frequency of Update

U.S. Bureau of Labor Statistics (BLS)

Unemployment Rate

Small Businesses with Employees in Tennessee

Tennessee Employment and Job Growth

Tennessee Labor Force


Bureau of Economic Analysis (BEA)

Personal Income Per Capita


U.S. Census Bureau

Small Businesses with Employees in Tennessee

Nonemployer Businesses in Tennessee

Counties with Labor Force Participation Above 50%


Conway Analytics

Capital Investment Per Capita


Appalachian Regional Commission (ARC)

Distressed Counties


Economic Modeling Specialists Intl. (EMSI)

High Quality Job Commitments          

Median county wage estimates from EMSI are evaluated along with TNECD data.


Launch Tennessee

Entrepreneurial Conference and News Coverage


Tennessee Higher Education Commission (THEC)

Workforce Development Grant Assistance

Depends on availability of funding and grant program cycles.

Impact DataSource

Economic Impact of Business Development Projects

Economic consulting firm Impact DataSource, in collaboration with TNECD and the Tennessee Department of Revenue, developed a model to forecast the impacts of projects that apply for grant assistance.


Frequency of updates. Dashboards are refreshed once daily, between 1:00 AM and 4:00 AM CST.

Data is updated on a continual basis. As KPI-related activity occurs and is recorded in TNECD’s internal databases, dashboards that present TNECD data will be updated. For dashboards which utilize external data sources, the frequency of update is outlined in the “Data Sources” section.

Grants that serve multiple counties. The locations of grant recipients are mapped on several dashboards. Some of TNECD’s grant programs have awarded grants that serve a multi-county region. Due to limited mapping capabilities, multi-regional grants have been excluded from some maps. A sentence is provided below each map where this is the case.

FastTrack Grant Recipients. A database of projects dating back to 2011 with FastTrack grant contracts in place is available here:

Economic Impact Analysis and Return on Investment Analysis. The Center for Economic Research in Tennessee (CERT) evaluates anticipated economic and fiscal impacts of TNECD projects. CERT utilizes a model to forecast economic and fiscal changes that TNECD projects will generate over a 10-year period. The analysis includes direct, indirect and induced effects to jobs, salaries and economic output. The model forecasts net fiscal benefits, or additional revenues and costs the projects will generate for the State of Tennessee. State incentives are evaluated relative to net new tax revenues to forecast a rate of return and payback period.

To derive estimates of economic and fiscal changes, the model relies on project-specific information as well as tax rates, assumptions, and other parameters. Project-specific information used as inputs include project locations, industry, hiring schedule, wages and investment schedule.

The model only considers the impact to the state; local impacts, tax revenues and costs are not accounted for in the model.

The evaluation encompasses located business development projects that have received grant assistance from TNECD. Projects that did not receive grant assistance are excluded from the analysis.

The model was developed by Impact DataSource, an economic consulting, research, and analysis firm founded in 1993. The firm has conducted over 2,500 economic impact analyses of firms, projects, and activities in most industry groups in more than 30 other states.