James Corlew Chevrolet Cadillac Tops in Tennessee
Clarksville, TN – James Corlew Chevrolet/Cadillac is the top performing General Motors new car dealerships in the state of Tennessee for the month of November, they outsold their nearest competitor by two units.
David Townsend of General Motors, made the official announcement, “Congratulations on a terrific November, you set a goal, and exceeded that goal. You are the number 1 Chevrolet volume dealer in the state for November.” [Read more]
American Freight Announces Corporate Sponsorship of Wounded Warrior Project
Clarksville, TN – American Freight Furniture and Mattress is proud to announce its role as a corporate sponsor of Wounded Warrior Project™ (WWP), an organization seeking to honor and empower injured service members.
Over 46,000 of our nation’s armed forces have been physically wounded during the current military conflicts. Hundreds of thousands more are estimated to be recovering from invisible wounds of war, including post-traumatic stress disorder, major depression, and traumatic brain injury. WWP assists injured veterans and their families through a holistic approach to their recovery. [Read more]
New Children’s Indoor Playland arrives in Clarksville with Grand Opening Celebration
Kids-N-Play hopes to help area kids “take play to a new level” and provide a fun, safe, healthy environment for children of all ages, while catering to parents and caregivers as well.
Clarksville, TN – The weather is turning chilly, and soon schools will be closed for the long winter break. Many parents are busy thinking of ways to keep their children occupied during this time of year. Just in time for the holidays, Clarksville’s newest indoor children’s entertainment center is officially opening and will host special “Grand Opening” events all weekend long – including face painting, free samples of Hunt Brothers Pizza and a raffle.
Located at 525-B Alfred Thun Road (off of Exit 4) in the space formerly occupied by Jump Zone, Kids-N-Play is a new kind of entertainment establishment for children up to age 12. Gone are the large bouncy castles and picnic tables of the old Jump Zone. Instead, children will be delighted by the gigantic multi-level climbing structure, featuring a variety of slides, bridges and tunnels. [Read more]
The Weekly Market Snapshot from Frazier Allen for the week of November 29th
Market Commentary by Scott J. Brown, Ph.D., Chief Economist
Scott J. Brown Ph.D., Chief Economist Raymond James Investment Services
Recent data show that the U.S. economy is continuing its slow recovery as the Commerce Department revised its estimate of GDP to a 2.0% annual rate, though this was lower than the initial estimate at 2.5%. Both consumer spending and personal incomes increased in October as well, while orders for durable goods fell by 0.7%, a possible indication of tempered demand for U.S. manufactured goods from a slowing global economy.
Concerns about the debt loads of European nations that began with Greece have spread, and investors are now demanding higher yields on the obligations of much larger nations. The higher rates are seen as a sign that investors are questioning the European Union’s ability to restore confidence in its management of the debt crisis and to keep borrowing costs for major European nations from increasing to unsustainable levels. [Read more]
The Weekly Market Snapshot from Frazier Allen for the week of November 18th
Market Commentary by Scott J. Brown, Ph.D., Chief Economist
Scott J. Brown Ph.D., Chief Economist Raymond James Investment Services
The economic data reports were mostly stronger than expected, consistent with moderate growth in the near term. Retail sales rose more than the consensus forecast in October. Industrial production picked up, partly reflecting an increase in mining, but automobile production improved. Residential construction numbers were mixed, but suggested a modest uptrend in single-family activity (still at very low levels). As expected, the October inflation reports reflected lower energy prices. Core inflation was mild.
Tensions continued to heat up in Europe, with increased calls for the European Central Bank to step in as the lender of last resort. However, the ECB continues to reject that role. Borrowing costs for Italy, Spain, and France rose, but fell back a bit at the end of the week, as Greece and Italy made some progress in addressing their budget situations. [Read more]
The Weekly Market Snapshot from Frazier Allen for the week of November 14th
Market Commentary by Scott J. Brown, Ph.D., Chief Economist
Scott J. Brown Ph.D., Chief Economist Raymond James Investment Services
Anxieties about Europe intensified as borrowing costs in Italy ramped up, generating worries about the country’s ability to roll over its existing debt. U.S. investors relaxed toward the end of the week on signs that the Italian government was making some progress on austerity efforts. However, a further meltdown in Italy is a huge risk for the euro zone and for the global financial system. Much depends on whether the ECB will signal a more substantial backstop for Italian debt, but that does not seem likely at this point.
The economic data calendar was sparse. The trade deficit was narrower than expected in September, implying (all else equal) an upward revision to the third quarter GDP growth figure (+2.5% in the advance estimate). However, wholesale inventories were much lower than anticipated, implying (all else equal) and downward revision to the GDP estimate. Consumer sentiment improved in the mid-November assessment. Jobless claims moved below the 400,000 level, but the figures are a bit suspect at this time of year due to difficulties in the seasonal adjustment. [Read more]
Volatile October Ends Five-Month Down Trend
Clarksville, TN – October was a volatile month in the markets. The beginning of the month saw stocks move higher on mostly upbeat third-quarter earnings reports, eased recession fears and optimism on progress toward resolving the European debt crisis.
Toward the end of the month, U.S. stocks again rallied on news of a Greek debt deal that expanded the region’s bailout fund and on news that U.S. gross domestic product grew faster than in the previous period. [Read more]
Historic Downtown Businesses Host Holiday Open House
Written by Kendall Welsh
Clarksville, TN – This Saturday, November 5th, The Downtown Clarksville Association and Downtown merchants will be hosting a Holiday Open House during our regular business hours.
Participating businesses include: ARTifacts Emporium, Hodgepodge, Ingredients, Rogate’s Boutique, Fleur de Lis, Creative Corner at Hodgepodge and more.
Local Wendy’s franchise recognized with company’s highest honor
Clarksville, TN – Clarksville has reason to be proud of their local Wendys restaurants. At Wendy’s 2011 Convention in Las Vegas, the Founder’s Award was presented to Mike O’Malley and John Hughes, franchisees with Wendy’s of Bowling Green.
Wendy’s of Bowling Green own and operate the Clarksville restaurants, with locations across Tennessee and Alabama. The Founder’s Award is presented to franchisees who embody the common-sense genius of Dave Thomas, the founder of the popular restaurant chain, and is the company’s highest honor.
Wendy's Founder's Award was presented to Mike O'Malley and John Hughes.
American Freight Opens Third Tennessee Location In Clarksville
Clarksville, TN – American Freight Furniture and Mattress is excited to announce the opening of its newest store in Clarksville, Tennessee. Situated at 2231-B Madison Street, the Clarksville location marks American Freight’s third store in Tennessee, with two others in Nashville and Chattanooga.
American Freight is a warehouse-style furniture store open to the public that specializes in furniture obtained through dealer cancellations, factory closeouts, retail chain buyouts, and wholesale liquidations; the stores carry name brands as well as house brands at factory direct prices. [Read more]
