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Information Articles for the Clarksville TN and Montgomery County Tennessee area

Articles

Information Articles for the Clarksville TN and Montgomery County Tennessee area

Clarksville Weekly Market Snapshot from Frazier Allen for the week of December 6th, 2016

By | December 6, 2016 | Email This Post Print This Post

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – There was a ton of economic data, most of it consistent with moderately strong growth in the near term. Nonfarm payrolls rose in line with expectations in November.

The unemployment rate fell to 4.6% (the lowest since August 2007), but that was partly due to a drop in labor force participation. Average hourly earnings fell 0.1%, following a 0.4% rise in October, up 2.5% y/y (still trending higher, but more moderately than it appeared a month ago).

Frazier Allen

Frazier Allen

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Frazier Allen: Learning to be a Retiree

By | November 27, 2016 | Email This Post Print This Post

F&M Investment Services - Raymond JamesClarksville, TN – Most of us really look forward to the idea of well-deserved, unstructured free time. A time to do exactly what we please when we please. Until we get it.

A retirement satisfaction survey from EBRI found that half of retirees (51.4%) in 2012 reported being somewhat or not at all satisfied with their retirement. Some retirees underestimate how long it takes to adjust to a new lifestyle; others miss friends from work; still others find themselves with too much free time.

Half of retirees reported being somewhat or not at all satisfied with their retirement.

Half of retirees reported being somewhat or not at all satisfied with their retirement.

[Read more]

Clarksville Mayor Kim McMillan proclaims November 26th Small Business Saturday

November 25, 2016 | Email This Post Print This Post

Consumers urged to shop, dine at local small businesses during holidays

City of Clarksville - Clarksville, TNClarksville, TN – Clarksville Mayor Kim McMillan has proclaimed Saturday, November 26th as Small Business Saturday in the City of Clarksville.

Small Business Saturday is a day dedicated to supporting small businesses across the City of Clarksville, the state and country. Founded by American Express in 2010, this day is celebrated each year on the Saturday after Thanksgiving.

2016 Small Business Saturday [Read more]

Clarksville Weekly Market Snapshot from Frazier Allen for the week of November 7th, 2016

By | November 7, 2016 | Email This Post Print This Post

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The Federal Open Market Committee left short-term interest rates unchanged, as expected, and the policy statement was a near photocopy of the one in September.

The FOMC noted that “the case for an increase in the federal funds rate has continued to strengthen,” but for the time being, officials decided “to wait for some further evidence of continued progress towards our objectives.”

The October Employment Report was largely in line with expectations. Nonfarm payrolls rose by 161,000 (median forecast: +175,000), but the two previous months were revised a net 44,000 higher.

Frazier Allen

Frazier Allen

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Altra Federal Credit Union hosts Small Business Connect Mixer on November 16th, 2016

November 5, 2016 | Email This Post Print This Post

Altra Federal Credit UnionClarksville, TN – An educational seminar focusing on small business cyber security will be held on Wednesday, November 16th at 5:30pm to 7:00pm at Old Glory Distillery Company located at 451 Alfred Thun Road, Clarksville, TN 37040.

The Small Business Connect Mixer is a no-cost, no-obligation event hosted by Altra Federal Credit Union. The event is open to small business owners and Altra membership is not required.

Old Glory Distillery Company [Read more]

Clarksville Weekly Market Snapshot from Frazier Allen for the week of November 2nd, 2016

By | November 2, 2016 | Email This Post Print This Post

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – Real GDP rose at a 2.9% annual rate in the advance estimate of third quarter growth, a bit on the high side of expectations. However, the economy was not as strong as the headline figure suggests (similarly, growth over the four previous quarters was not as weak as the GDP number implies).

Inventories, which had been slowing over the five previous quarters (subtracting from GDP growth), rose at a faster pace (adding 0.6 percentage point to overall growth). Net exports (a narrower trade deficit) added 0.8 percentage point.

Frazier Allen

Frazier Allen

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of October 28th, 2016

By | October 28, 2016 | Email This Post Print This Post

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The recent economic data reports have done little to alter the overall picture (moderate growth, low inflation). The Fed’s Beige Book noted that economic activity has continued to expand, with most Fed districts describing growth as “modest” or “moderate.”

In mid-September, nine of the 12 district banks had requested an increase in the discount rate (the rate the Fed charges banks for short-term borrowing) – one more than in late July – suggesting internal pressures for higher short-term interest rates at the Fed.

Frazier Allen

Frazier Allen

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Clarksville Chamber of Commerce’s 24th Annual Veterans Day Breakfast set for Saturday, November 5th

October 27, 2016 | Email This Post Print This Post

Military Appreciation Tailgate Also Slated for 2:00pm

Clarksville Area Chamber of CommerceClarksville, TN – On November 5th, 2016 at 7:30am the Clarksville Area Chamber of Commerce will host the 24th Annual Veterans Day Breakfast on Saturday, at the Austin Peay State University Morgan University Center.

Retired Sergeant Major of the Army Kenneth O. Preston will be the keynote speaker. He now serves as Director of NCO & Soldier Programs, AUSA.

Retired Sergeant Major of the Army Kenneth O. Preston.

Retired Sergeant Major of the Army Kenneth O. Preston.

[Read more]

Family-Owned Alabama Company Buys Cougar Packaging

October 22, 2016 | Email This Post Print This Post

Clarksville-Montgomery County Industrial Development BoardClarksville, TN – Rusken Packaging, Inc. announces the purchase of Clarksville-owned Cougar Packaging. All employees will continue with the new company, and former Cougar owners Gerri and Larry Wallace will continue in their roles for six months to ensure a smooth transition.

Rusken Packaging, a private, family-owned, $130 million company, manufactures corrugated cardboard boxes used for shipping.

Former Cougar Packaging owners Gerri and Larry Wallace.

Former Cougar Packaging owners Gerri and Larry Wallace.

[Read more]

Clarksville Weekly Market Snapshot from Frazier Allen for the week of October 19th, 2016

By | October 19, 2016 | Email This Post Print This Post

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – Minutes of the September 20-21 policy meeting showed that Federal Open Market Committee members were divided on whether to raise short-term interest rates, and most of those voting to wait felt that it was “a close call.”

Financial markets have increasingly priced in a mid-December rate hike. Amid a thin economic calendar, investors focused on what’s happening in the rest of the world, but also reacted to the initial earnings reports for 3Q16.

Frazier Allen

Frazier Allen

[Read more]

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