NAICS 44-45

Retail Trade in Chattanooga, TN

Metro Market Score 38.0 (Moderate), ranked #35 of 378 metros. 2,131 establishments, 28,537 jobs.

Metro Market Assessment

Metro Market Score 38.0
Favorable 0-35
Moderate 35-48
Challenging 48-60
Difficult 60+
Moderate

Lower is better. Relative to national retail trade average.

📈Rapid Growth

Employment in Chattanooga's retail trade sector grew faster than most metros last year, pushing its growth trend index to 82.3. Combined with a 38.0 market score, this metro sits in the top 10% for overall conditions.

Industry Concentration
30.9
LQ: 1.06
Rank #117 of 378 metros
Wage Competitiveness
47.1
$37,427 avg wage
Growth Trend
82.3
Employment growth index
Rank #68 of 378 metros
Wage Pressure
65.8
YoY wage change index

2,131 Retail Trade Firms in Chattanooga

2,131
Establishments
+2.2% YoY
28,537
Total Employment
+1.4% YoY
$37,427
Average Annual Wage
+0.8% YoY
1.06
Location Quotient
Above national avg

Chattanooga vs Tennessee Statewide

How this metro's retail trade market compares to Tennessee overall. The state ranks #22/51 for entry risk.

Measure Chattanooga TN Statewide
Overall Score 38.0 Moderate 42.8 Elevated
Score Type Metro Market Score Entry Risk Score
Rank #35 of 378 metros #22 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Chattanooga

Retail Trade in Other Tennessee Metros

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Chattanooga's retail trade sector, the wage pressure component (65.8) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Data period: 2024. Last updated: April 2026.