No Signs of Business Investment Decline in Tennessee.

Byline: Dave Flessner

Aug. 18--Higher interest rates and gas prices may be curbing consumer spending. But Tennessee's top industrial recruiter still expects another record year of business investment in the Volunteer State.

"The growth rate may not be roaring at the same level it was, but we see no signs of a slowdown yet," said Bill Baxter, Tennessee's commissioner for economic and community development. "We're still very busy and we're confident 2000 will be another record year for investment in Tennessee."

With a new development strategy and the opening up of the Volunteer Site, Chattanooga is well positioned to capitalize on that growth, Mr. …