The University of Tennessee, Knoxville


Boyd Center Mission

The Boyd Center for Business and Economic Research was established in 1937 as an auxiliary of the Haslam College of Business at the University of Tennessee, Knoxville. The mission of the Boyd Center is to produce and disseminate new information in the general area of economic research, and in the specific areas of economic development, regional economics, fiscal policy and delivery of key public services.  The Boyd Center has an annual operating budget in excess of $2 million and is funded through state appropriations and grant/contract research.  The Boyd Center has seven research faculty and an extensive support staff.  The Boyd Center is a designated State Data Center allowing direct and timely access to Census and other data.

Boyd Center Services

Economic Modeling and Forecasting

Boyd Center staff have an extensive track record in conducting and supervising research projects, both large and small.  The Boyd Center annually prepares the Economic Report to the Governor and maintains the Tennessee Econometric Model (TEM) of the state economy, which provides quarterly, annual and long-term economic and fiscal forecasts.  In addition to the Tennessee Econometric Model, recent modeling activities at the Boyd Center include development of the Tennessee Employment Security Insurance Model (to estimate and forecast Employment Security trust fund balances); a forecasting model that projects future Families First caseloads, recipients and grant expenditures for the Tennessee Department of Human Services; and a revenue-estimating model for Tennessee state and local governments.

State Data Center

In the role of Tennessee State Data Center, the Boyd Center provides access to electronic data from the U.S. Census Bureau and answers questions on these data.  The Boyd Center maintains an online database of demographic and economic time series in order to make Tennessee data available to government agencies, libraries, businesses, news services, and the general public.  Subscribe to the Tennessee State Data Center to receive email notification when new data products for Tennessee are available.

Other Boyd Center projects

Other recent Boyd Center projects include monthly tax analysis assistance to the Tennessee Department of Finance and Administration; economic and fiscal impact studies for the state, local governments and the private sector; analysis of incentives to promote economic development (for the Tennessee Department of Economic and Community Development); a survey of state residents on the TennCare program; an exhaustive analysis of Tennessee's welfare program, Families First; and numerous projects in the area of taxation on e-commerce and Internet usage.


The University of Tennessee, Knoxville. Big Orange. Big Ideas.

Knoxville, Tennessee 37996 | 865-974-1000
The flagship campus of the University of Tennessee System