Clarksville Weekly Market Snapshot from Frazier Allen for the week of December 3rd, 2013
December 3, 2013
Clarksville, TN – Next week, the ISM Manufacturing Index should set the tone for the week, but the markets will put a lot of weight on the November jobs data.
Recall that the government shutdown did not have a noticeable impact on the October nonfarm payroll figures (which were stronger than anticipated), but did alter the household survey data (the unemployment rate and the employment/population ratio).
Frazier Allen
Clarksville Weekly Market Snapshot from Frazier Allen for the week of November 24th, 2013
November 24, 2013
Clarksville, TN – The minutes of the October 29th-30th Federal Open Market Committee meeting showed that monetary policymakers still expected the economy to improve in line with their earlier projections “and would thus warrant trimming the pace of purchases in coming months.”
Officials also considered scenarios where the Fed could taper “before an unambiguous further improvement in the outlook was apparent.” The stock market pulled back a bit on the taper talk, but rose to new highs anyway.
Frazier Allen
Austin Peay State University exploring cutting-edge friction stir welding process
September 30, 2012
Clarksville, TN – In 1991, The Welding Institute in England discovered a strange new method for joining two metals together without melting the two pieces in a traditional fusion welding process.
The process, known as friction stir welding, softened and deformed the metals and then forged them together as one using a rotating tool. The welding process used heat and force to join the metals, similar in nature to the way blacksmiths forged swords and armor in the Middle Ages.
Dr. William “Russ” Longhurst demonstrates friction stir welding on a milling machine in the APSU Hemlock Semiconductor Building. (Photo by Beth Liggett/APSU staff)
