Clarksville, TN – Stock market participants seemed only mildly concerned about escalating tensions in Ukraine, but were encouraged by comments from Fed Chair Janet Yellen. Yellen suggest that the Fed would respond to significant, surprising changes in the outlook for growth, inflation expectations, or financial conditions.
Short-term interest rates aren’t going to be raised for a while, but the first increase in rates could be pushed out if the Fed remains short of its goals (full employment, 2% inflation).
Goodlettsville, TN – Dollar General will celebrate the opening of its new location at 898 Hwy 76 in Clarksville this Saturday, April 19th at 8:00am with free prizes and special deals. Dollar General will offer Clarksville residents a convenient new place to shop for everyday essential at low prices.
Additionally, the first 50 adult shoppers at the store will receive a $10.00 Dollar General gift card and the first 200 shoppers will receive a Dollar General tote bag, among other giveaways. [Read more]
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.
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.
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.
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.
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).
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.
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).
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.