FASTSIGNS® of Clarksville Now Open
Clarksville, TN – On Wednesday, October 9th, 2013, signs and graphics provider FASTSIGNS® of Clarksville opened for business at 2141 Wilma Rudolph Boulevard.
“With our talented team, exceptional customer service and expert marketing and graphic design knowledge, FASTSIGNS of Clarksville is ready to provide local businesses and organizations with first-rate signs and graphics to achieve their goals,” said Lincoln Barnard, who owns FASTSIGNS of Clarksville with his wife, Connie.
Pictured from left to right: Matt McColbey, graphic designer; Samantha Serum, visual communications specialist; Catherine Monson, CEO of FASTSIGNS International, Inc.; Lincoln Barnard, owner; Denny Fry, marketing and media manager.
Clarksville Weekly Market Snapshot from Frazier Allen for the week of October 13th, 2013
Clarksville, TN – The partial government shutdown and brinksmanship over the debt ceiling continued. However, financial market participants were encouraged by signs that the two sides were at least willing to talk to each other.
House Republicans appear to have abandoned demands for a repeal or delay of the Affordable Care Act, but it hasn’t been clear what they want instead. Note that a temporary (six-week or three-month) extension of the debt ceiling does not remove uncertainty completely, but it would sidestep a near-term financial catastrophe.
Frazier Allen
Clarksville Department of Electricity (CDE) becomes Green Certified
Montgomery County, TN – On Monday afternoon, October 7th, Clarksville Department of Electricity (CDE) became the first City Department to earn Clarksville-Montgomery County Green Certification.
CDE has supported the CMC Green Certification Program since it began in the spring of 2011 when they agreed to give presentations about energy savings as a part of the program’s workshops.
Clarksville Department of Electricity Green Certification ribbon cutting.
Clarksville Weekly Market Snapshot from Frazier Allen for the week of October 8th, 2013
Clarksville, TN – Due to a lapse in appropriations, the government entered a partial shutdown. Some 800,000 federal workers were furloughed and about two million others continued to work but without getting paid. The economic impact of the shutdown will depend on how long it lasts.
A few days would not be a big deal, but a prolonged shutdown would result in a larger disruption of worker income (and corresponding restraint in consumer spending). In addition, the uncertainty may lead businesses to delay new hiring or capital expenditures. During the 1995-96 government shutdown, about 20% of private contracts with the government were affected.
Frazier Allen
Gary Mathews Automotive Group celebrating Clarksville and Fort Campbell
Clarksville, TN – Gary Mathews Automotive Group is celebrating Clarksville and Fort Campbell with Customer Appreciation Sales for the entire month of October for All Gary Mathews dealerships in Middlle Tennessee.
Gary Mathews has been an ardent supporter of the troops from Ft. Campbell, hosting benefit golf tournaments, and offering special pricing and financing to all active U.S. Military Personnel. Mathews has launched an advertising campaign from now til the end of December 2013, that will not only introduce people to the ‘Highly Qualified’ Mathews Auto Team at Gary Mathews Motors and to the New Marina, but also to the River District and the greater Clarksville area.
Local businessman Gary Mathews being inducted into the APSU Red Coat Society for his contributions to the University and it’s athletics programs.
Stocks up despite U.S. Government Budget Impasse
Clarksville, TN – The third quarter of the year proved quite eventful.
The Federal Reserve opted to wait a little longer before beginning to dial back its bond purchases, and a budgetary showdown in D.C. resulted in a partial government shutdown on the same day the private healthcare exchanges mandated by the 2010 Affordable Care Act (ACA) opened.
Political tensions arose over whether to defund or delay major provisions of the ACA.
Frazier Allen
Clarksville Weekly Market Snapshot from Frazier Allen for the week of September 29th, 2013
Clarksville, TN – Next week, the markets will be interested in the ISM Manufacturing Index, but the focus should be on the September Employment Report. Seasonal adjustment is an issue in September.
We can expect to add more than 1.4 million education jobs (public and private) before adjustment, with hundreds of thousands of seasonal job losses in other areas. So it seems a little silly to worry about the nearest 20,000 or so in the adjusted payroll figure. The unemployment rate is expected to hold steady (at 7.3%) or edge a bit lower
Frazier Allen
Clarksville Weekly Market Snapshot from Frazier Allen for the week of September 22nd, 2013
Clarksville, TN – The Federal Open Market Committee did not reduce the pace of asset purchases. In its policy statement, the FOMC noted that the improvement in economy activity and labor market conditions since it began the asset purchase program a year ago was “consistent with growing underlying strength in the broader economy,” but “the Committee decided to await more evidence that progress will be sustained before adjusting the pace of its purchases.”
Frazier Allen
Signs Now of Clarksville becomes Clarksville-Montgomery County Green Certified
Montgomery County, TN – Signs Now of Clarksville, celebrated their Clarksville-Montgomery County Green Certification with a Green Ribbon Cutting Ceremony on Thursday, September 19th.
Owner Dick Pryor and his team have worked hard to reduce their environmental impact. Pryor took a few minutes to elaborate on some of the things they are doing.
Green Ribbon Cutting Ceremony for Signs Now of Clarksville
Clarksville Weekly Market Snapshot from Frazier Allen for the week of September 15th, 2013
Clarksville, TN – With a thin economic calendar, Syria remained a key concern for the markets. However, prospects for a U.S. strike diminished, which helped bolster equity market sentiment. The bond market is looking ahead to the Fed policy meeting. In the bond market, expectations on tapering have solidified somewhat, with a moderate majority seeing a small initial reduction in the pace of asset purchases.
Retail sales for August disappointed (relative to expectations), but figures for June and July were revised a bit higher. Jobless claims were distorted due to upgrades in state computer systems, but the trend had been lower in August. Hiring intentions improved. Consumer sentiment softened.
Frazier Allen
