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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 May 6th, 2015

By | May 6, 2015 | Email This Post Print This Post

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – GDP growth slowed to a 0.2% annual rate in the advance estimate for 1Q15, reflecting a variety of restraints (weather, West Coast port delays, the strong dollar, and a contraction in energy exploration), many of which are likely to be transitional. Consumer spending rose at a 1.9% pace (vs. +4.4% in 4Q14). Business investment fell, with “mining exploration, shafts, and wells” falling at a 48.7% annual rate.

Inventories rose more than anticipated, adding 0.7 percentage point to growth. Net exports subtracted 1.3 percentage points. Personal income was flat in March, but inflation-adjusted disposable income rose at a 6.2% annual rate in 1Q15 (which is likely to support consumer spending growth in 2Q15).

Frazier Allen

Frazier Allen

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Altra Federal Credit Union hosts Small Business Connect Luncheon on May 20th, 2015

May 5, 2015 | Email This Post Print This Post

Altra Federal Credit UnionClarksville, TN – An educational seminar focusing on small business finance basics will be held on Wednesday, May 20th at 11:30am to 1:00pm at Hilton Garden Inn, 290 Alfred Thun Road off Exit 4, Clarksville, TN 37040.

The Small Business Connect Luncheon 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. [Read more]

Foust Family Tradition Continues at Multi-Generational Clarksville Foundry

May 3, 2015 | Email This Post Print This Post

Clarksville FoundryClarksville, TN – Clarksville Foundry, one of Clarksville, Tennessee’s most historic businesses – and among the oldest operating foundries in the United States – has been owned and operated by members of the Foust family since 1912. In fact, the origins of this durable Foundry date to 1847.

Recently, a fourth generation of the Foust family – William “Bill” Foust – made an important career move by choosing to join the family business and continue the Foust tradition. Bill is the son of current President and CEO Charles Foust Jr.

Bill Foust, Project Coordinator – Clarksville Foundry.

Bill Foust, Project Coordinator – Clarksville Foundry.

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F&M Names Mary Beth Russell Branch Manager

May 2, 2015 | Email This Post Print This Post

F&M BankClarksville, TN – F&M Bank has named Mary Beth Russell Assistant Vice President, Manager and Lender of its St. Bethlehem banking office at 2601 Wilma Rudolph Boulevard in Clarksville.

“Mary Beth has eight years of banking and investment services experience with F&M and has been a real contributor to the bank’s growth in the St. Bethlehem market. Her leadership skills will be a real asset as she directs the operation of this office,” stated Sammy Stuard, F&M Bank President and CEO.

F&M Bank - Mary Beth Russell

F&M Bank – Mary Beth Russell

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Fresh Coat of Clarksville Earns Esteemed 2014 Angie’s List Super Service Award

May 2, 2015 | Email This Post Print This Post

Award reflects company’s consistently high level of customer service

Fresh Coat PaintersClarksville, TN – Fresh Coat of Clarksville has earned the service industry’s coveted Angie’s List Super Service Award, reflecting an exemplary year of service provided to members of the local services marketplace and consumer review site in 2014.

“We are grateful for the customers who trusted us with their home and commercial painting projects. We’re glad for their support and for our professional painters who made this recognition possible,” said Fresh Coat of Clarksville Owner Rich Whitaker.

Fresh Coat of Clarksville Owner Rich Whitaker

Fresh Coat of Clarksville Owner Rich Whitaker

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of April 28th, 2015

By | April 28, 2015 | Email This Post Print This Post

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The economic calendar was light. Existing home sales were stronger than anticipated in March, but new home sales fell far short of expectations. Durable goods orders jumped 4.0%, but that reflected a surge in aircraft orders (which tend to be erratic). Ex-transportation, orders fell 0.2%.

Orders for core capital goods (nondefense and excluding aircraft) fell 0.5%, the seventh consecutive monthly decline. Unfilled orders (ex-transportation) fell further (not a good sign), while the inventory-to-shipment ratio continued to trend higher – both of these indicators bear watching, but neither is at a dangerous level.

Frazier Allen

Frazier Allen

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of April 19th, 2015

By | April 19, 2015 | Email This Post Print This Post

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The economic data reports were mixed. Retail sales picked up in March, following a weak trend in the three previous months. Industrial production fell 0.6%, reflecting a plunge in oil and gas drilling and a decrease in the output of utilities (more normal temperatures).

Manufacturing output edged up 0.1%, with mixed results across industries. Building permits and housing starts fell in March, largely reflecting the usual volatility in the multi-family sector. Single-family permits, the key figure in the report, rose 2.1% (up 4.1% y/y).

Frazier Allen

Frazier Allen

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Pool and Spa Depot opens location in Clarksville

April 14, 2015 | Email This Post Print This Post

Pool and Spa DepotClarksville, TN – Pool and Spa Depot, a nationally recognized swimming pool and spa business has expanded its operations to Clarksville. Pool and Spa Depot’s state of the art facility is now open at 160 Terminal Lane.

The new location showcases some of Tennessee’s best selections for in ground and above ground pools, hot tubs, tanning beds, saunas, patio furniture and hardscape options.

Pool and Spa Depot opens in Clarksville

Pool and Spa Depot opens in Clarksville

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Downtown Clarksville Association to hold “13” Sale during Rivers and Spires Festival

April 14, 2015 | Email This Post Print This Post

Downtown Clarksville Association - DCAClarksville, TN – To commemorate the 13th year of the Rivers and Spires Festival, local business owners in Historic Downtown Clarksville will be offering “13” specials during the festival starting on Thursday, April 16th through Saturday April 18th.

The Downtown Clarksville Association, made up of business owners in the downtown area, is excited to welcome back the Rivers and Spires Festival for the 13th year, and encourages all festival-goers to continue the festivities by checking out these great deals at the businesses that make up the unique shopping experience of Historic Downtown Clarksville.

Rivers and Spires Festival

Rivers and Spires Festival

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of April 12th, 2015

By | April 12, 2015 | Email This Post Print This Post

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The economic data calendar was thin. Stock market participants finally got their chance to react to the disappointing employment data for March (the report was released on Good Friday).

However, the negative response was brief, as the market opened lower on Monday and then quickly turned up. The markets seemed to be looking for direction through the week, but failed to find much in the early earnings reports.

Frazier Allen

Frazier Allen

[Read more]

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