Clarksville Weekly Market Snapshot from Frazier Allen for the week of March 2nd, 2014
Clarksville, TN – There were relatively few surprises in the economic data reports. Real GDP rose at a 2.5% annual rate in the 2nd estimate for 4Q13 (vs. +3.2% in the advance estimate).
Consumer spending was not as strong as estimated earlier, but was still respectable (a +2.6% pace, vs. +3.3%). Business fixed investment was revised higher (+7.3%, vs. +3.8%).
Frazier Allen
Clarksville Weekly Market Snapshot from Frazier Allen for the week of February 23rd, 2014
Clarksville, TN – Poor weather continued to have an impact on the economic data. Residential construction and existing home sales fell more than anticipated in January. However, financial market participants seemed to be more willing to dismiss bad economic numbers (as being due to the weather) – U.S. markets also ignored turmoil in the Ukraine.
The CPI rose modestly in January, continuing a low trend. The new and improved Producer Price Report suggested relatively modest pipeline inflation pressures.
Frazier Allen
The Clarksville-Area Chamber of Commerce’s Home and Garden Show Continues Today
The fifth annual Clarksville-Area Chamber of Commerce Home and Garden Show continues today at the Wilma Rudolph Event Center at Liberty Park (Highway 13/48) from noon through 5:00pm. This year the event is brought to you by Furniture connection.
Just in time for Spring, this year’s Garden show will boast over 50 vendors who will be there to assist you in planning all your home improvement projects. Whether it be landscaping, painting, education, furniture, or roofing.
The 2014 Clarksville-Area Chamber of Commerce Home and Garden Show
Clarksville’s Chocolate Affair gives exposure to local businesses
Clarksville, TN – The second annual Chocolate Affair was held February 8th, 2014 at the Wilma Rudolph Event Center at Liberty Park. Chocolate lovers indulged on vendor samples of chocolate and other confectionery treats.
The event was a sellout, with 600 tickets sold and was enjoyed by all that attended. It also gave local businesses a chance to meet potential new customers.
Grandma’s Apron at the 2014 Chocolate Affair.
Clarksville Weekly Market Snapshot from Frazier Allen for the week of February 16th, 2014
Clarksville, TN – In her first monetary policy testimony to Congress, Fed Chair Janet Yellen appeared calm, confident, and in charge.
She pledged continuity in monetary policy and regulatory reform. While “not on a preset path,” the monthly pace of asset purchases will likely be reduced “in further measured steps at future meetings” (which is widely interpreted as -$10 billion per Fed policy meeting).
Frazier Allen
Clarksville’s Tilted Kilt hosting Valentines Party
Clarksville, TN – Looking for a non-traditional Valentine’s Day Celebration? Come mix, mingle and network with other singles at the Kilt.
The Tilted Kilt Pub & Eatery in Clarksville, will have their “Love Bites!” party the evening of Friday February 14th, 2014. Couples are welcome also.
Featured will be $2.00 Kill Cupid Shots and $1.50 longnecks, with live music from Clarksville’s own Jimmy Johnson beginning at 9:00pm.
Clarksville’s Tilted Kilt hosting Valentine’s Party (photo courtesy Tilted Kilt)
Convenient Car Care Inc. hosts successful coat and blanket drive for Room in the Inn, and donates $4,000 to Manna Cafe
Clarksville, TN – It’s been a brutally cold winter in Clarksville, and with the prospects of more winter weather, the need to help those less fortunate becomes critical.
Convenient Car Care Inc., owners and operators of the Valvoline Instant Oil Change franchise, stepped up their game in the month of January by offering to collect winter coats and blankets for Room in the Inn, and raise money for Manna Cafe. Both organizations work with the people in our community who need our help the most, the homeless.
Candace Ursery of Convenient Car Care Inc. hands a $4000.00 check to Kenny York of Manna Cafe Ministries from their January coat and blanket drive at their Valvoline Instant Oil Change stores. (Hank Bonecutter Clarksville Online)
Clarksville Weekly Market Snapshot from Frazier Allen for the week of February 9th, 2014
Clarksville, TN – The January Employment Report was a mixed bag. Nonfarm payrolls rose by a less-than-expected 113,000 (vs. a median forecast of +185,000), following a subpar 75,000 gain in December.
However, seasonal adjustment and weather effects added uncertainty to the results. Details suggest that the weather may not have been much worse than a normal January, but December weather was more unfavorable.
Frazier Allen
Fort Campbell Federal Credit Union Achieves Clarksville-Montgomery County Green Certification
Montgomery County, TN – The latest business to complete requirements for Clarksville-Montgomery County Green Certification and host a Green Ribbon Cutting is Fort Campbell Federal Credit Union.
Montgomery County Mayor Carolyn Bowers, City of Clarksville Mayor Kim McMillan, and Chamber of Commerce Executive Director Melinda Shepard were there to congratulate the Credit Union employees for their certification.
Green Ribbon Cutting Ceremony for Fort Campbell Federal Credit Union.
Stocks hesitate as expected after a strong rally
Clarksville, TN – U.S. stocks had a great run in 2013 with major indices up 27% to 38%, but that momentum lost a bit of steam in January and the first hours of February trading.
The pullback toward the end of January seems to reflect investor concern about turmoil in emerging markets in general, and specifically, about a drop in Argentina’s currency and a deceleration of Chinese manufacturing.
Frazier Allen
