April 23, 2015
Clarksville, TN – The Customs House museum will be changing out its spaces at the end of the month, leaving less than two weeks for art lovers to view the current exhibits by award-winning artists.
The museum offers an average of thirty temporary shows each year, and the current ones features a variety of styles and subject matter.
April 21, 2015
Clarksville, TN – The final Roy Acuff Chair of Excellence recipient of 2014-15, Grammy Award winning flutist Rhonda Larson, will bring her talents to campus for a series of lectures and master classes atthe week of April 21st-28th.
During her residency, Larson will share her experiences as a performing artist, as well as offering insight and lessons to APSU and area students. Her visit to campus will conclude on Tuesday, April 28th, with a concert with the APSU Wind Ensemble under the direction of Dr. Gregory Wolynec. The event will take place at 7:30pm at the Mabry Concert Hall, on the campus of APSU.
April 19, 2015
Clarksville, 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).
April 12, 2015
Clarksville, 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.
April 6, 2015
Battle of the Bulge seminar at Clarksville Train Station on Tuesday, April 7th, 2015, at 4:00pm
Clarksville, TN – On December 16th, 1944, the German Army launched a desperate offensive designed to split the Allied armies in two and capture the strategic supply port of Antwerp, Belgium. This offensive has come to be known as the Battle of the Bulge.
We are now in the midst of the 70th Anniversary of that offensive and historians from the Clarksville area including history faculty fromwill take part in presenting a series of programs that will educate, inform and enlighten the public as to the importance of this offensive. A highlight of one seminar will be actual World War 2 veterans that served in the Bulge fighting.
April 5, 2015
Clarksville, TN – The economic data were mixed, but generally disappointing, consistent with first quarter GDP growth closer to 0% (growth is widely expected to pick up again in the 2Q15). Consumer confidence improved more than anticipated in March and motor vehicle sales picked up.
However, the ISM manufacturing data suggested a slowdown in the factory sector (likely related to the stronger dollar, although survey respondents continued to note West Coast port delays).
March 31, 2015
Clarksville, TN – The economic data were mixed, adding little to the overall picture. Durable goods orders disappointed (again), with orders for nondefense capital goods excluding aircraft (a rough proxy for business fixed investment) down for the sixth consecutive month. Unfilled orders are falling and inventories are outpacing shipments – both are bad signs, but neither is yet at a dangerous level.
Home sales figures were mixed. The third estimate of fourth quarter GDP growth came in at 2.2%, the same as in the previous estimate. This report included corporate profit data for 4Q14, which showed a moderate increase in domestic nonfinancial corporate profits, but a sharp drop in profits from abroad.
March 29, 2015
Clarksville, TN – Montgomery County Public Health Director Joey Smith (’99) was recently honored as one of the leaders in his field in the United States, andis proud to welcome Smith to campus as he discusses his successes and what he sees in the future of public health.
Smith’s discussion will take place from 11:30am–12:30pm on April 8th in University Center room 305, located on the campus of the University.
March 22, 2015
Clarksville, TN – As was widely anticipated, the Federal Open Market Committee removed the “patient” language from the policy statement, but indicated that “an increase in the target range for the federal funds rate remains unlikely at the April FOMC meeting.”
The FOMC noted that “economic growth has moderated somewhat” (vs. January’s “expanding at a solid pace”). In its Summary of Economic Projections, Fed officials lowered their forecasts for GDP growth and inflation. The dots in the dot plot (expectations of the appropriate year-end level of the federal funds rate) generally moved lower, implying a lower expected path of short-term interest rates in the months ahead.
March 15, 2015
Clarksville, TN – Retail sales results for February continued to disappoint and consumer sentiment slipped unexpectedly, but weather may have been a factor. The reports on import prices and producer prices both showed significant disinflationary pressure (which may be seen as delaying the Fed’s initial hike in short-term interest rates). Stock market volatility was elevated, with sharp moves day by day.
Market participants have grown increasingly worried about exchange rates. Around the world, exchange rates mostly fall under the jurisdiction of finance ministers (the Treasury in the U.S.), not the central banks.