Clarksville Weekly Market Snapshot from Frazier Allen for the week of April 13th, 2014
Clarksville, TN – The economic calendar was relatively thin. The Producer Price Index rose more than expected in March, reflecting a pickup in services (which had fallen in February). Details continue to suggest limited inflation pressure in the pipeline.
The Job Openings and Labor Turnover Survey data continued to suggest a large amount of slack in the job market (hiring rates and quit rates are trending flat, still low by historical standards). The IMF slightly lowered its forecast for global growth this year and next, with larger downward shifts in the outlook for Russia and Brazil.
Frazier Allen
Crye-Leike welcomes Realtor Nichole Royce to it’s Clarksville St. Bethlehem Branch
Clarksville, TN – After 6 years spent working as a mortgage loan processor, new Realtor Nichole Royce is excited about her new career in real estate sales.
Nichole recently earned her real estate license in Tennessee and joined Crye-Leike’s Clarksville, St. Bethlehem branch office.
Nichole Royce joins Crye-Leike in Clarksville Tennessee.
Clarksville Weekly Market Snapshot from Frazier Allen for the week of April 6th, 2014
Clarksville, TN – The data remained consistent with a continued economic recovery. However, it’s unclear how much of the improvement is simply a rebound from bad weather and how much is underlying strength.
The monthly ISM surveys were mixed. Motor vehicle sales rebounded sharply in March (suggesting that bad weather postponed sales, just as we saw with the government shutdown in October). The March Employment Report was close to expectations.
Frazier Allen
Stocks end quarter mixed despite fewer headwinds
Clarksville, TN – March marked the fifth anniversary of the stock market’s bull run, since the bottom in the S&P 500 back in 2009. The most recent quarter was more lackluster, as U.S. stock indices were somewhat flat.
The equity markets showed some resilience during the last week of the month after Federal Reserve Chair Janet Yellen signaled that “considerable slack” in a “tough” labor market means the central bank will continue its monetary support of the economy for some time.
Frazier Allen
Clarksville Weekly Market Snapshot from Frazier Allen for the week of April 3rd, 2014
Clarksville, TN – The economic data reports were mixed and mostly ignored by the financial markets. Real GDP rose at a 2.6% annual rate in the 3rd estimate for 4Q13 (vs. +2.4% in the second estimate and +3.2% in the advance estimate).
Most of the story remained that same. Government subtracted a full percentage point from overall growth, but that was offset by a narrower trade deficit (which added a percentage point).
Frazier Allen
The Shoppes at Sango: Antiques and Collectible Lovers’ Paradise
Clarksville, TN – If you haven’t discovered the treasures at The Shoppes at Sango, it’s time. Located on Highway 41A just before the end of the 45-mile-an-hour speed limit (3470 Highway 41A South), The Shoppes at Sango is an antique mall with something for everyone.
Right now The Shoppes at Sango has 67 booths. There’s a waiting list of more than 80 dealers who want to rent space.
The Shoppes at Sango
Dr. Stephen Daugherty elected as a Fellow of the American College of Phlebology
Clarksville, TN – Stephen F. Daugherty, MD, was elected last week by the Board of Directors of the American College of Phlebology as a Fellow of the American College of Phlebology (FACPh).
Dr. Daugherty has practiced vascular surgery in Clarksville, Tennessee for the past 20 years and he devoted his practice in 2008 to the full-time care of venous disorders (Phlebology).
Dr. Stephen F. Daugherty
First Class of 2014 Completes Clarksville-Montgomery County Green Workshops
Montgomery County, TN – The first class of 2014 completed the Clarksville-Montgomery County Green Certification Program (CMCGCP) workshops. The group began in January and concluded a series of three workshops that lasted approximately three hours each in March.
The first group of 2014 completes the Clarksville-Montgomery County Green Certification workshop series. Pictured from left to right are: Back Row: Tia Suiter; Keith Roberts; Mike Vietenheimer; Tim Sawyer; Yvonne Chamberlain; Adam Bibb; Andrea Jacobsen and Dan Utt. Front Row : Lisa Izzy; Amanda Rose; Frances Traughber (peeking out); Angie Henson; Susan Dolnak; Mayor Carolyn Bowers; George Gallardo and Maria Terry.
Clarksville Weekly Market Snapshot from Frazier Allen for the week of March 24th, 2014
Clarksville, TN – Financial market participants seemed to care little about Putin’s annexation of Crimea, but freaked out following a Yellen comment taken out of context. An upside surprise in the Philadelphia Fed Index help restore positive sentiment in equities.
As was widely expected, the Federal Open Market Committee tapered the monthly pace of asset purchases by another $10 billion (to $55 billion beginning in April).
Frazier Allen
Ollie’s Bargain Outlet to Celebrate Grand Opening in Clarksville With Nascar Superstar Jeff Burton
“Good Stuff Cheap” Coming to Clarksville, TN
Harrisburg, PA – Bargain shoppers and NASCAR fans, the countdown is on for the grand opening of the newest Ollie’s Bargain Outlet store in Clarksville Tennessee. Bargain shoppers can explore unbeatable deals and 250 lucky fans will have the opportunity to meet NASCAR superstar Jeff Burton.
The growing chain, known for unbeatable closeouts and “Good Stuff Cheap”, will officially open the doors at 9:00am Wednesday, March 26th. The newest Ollie’s Bargain Outlet is located on Fort Campbell Boulevard near WalMart, in the old Food Lion. [Read more]
