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Topic: Economy

Marsha Blackburn: This Week From Washington – February 5th, 2018

 

Congressman Marsha Blackburn

7th District of Tennessee

U.S. CongressWashington, D.C. – At President Donald Trump’s first State of the Union address, he invited a very important guest from our own Clarksville, TN. We all know that any person who signs up for the armed services already exhibits an extraordinary character.

The sacrifice that they, and their families, make to serve our country is beyond measure. Through their commitment to protecting our nation, we are forever in their debt. America is the greatest country on earth, but it can only remain so because of the selfless acts of those who serve in our military.

Honoring Staff Sergeant Justin Peck

Honoring Staff Sergeant Justin Peck

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Frazier Allen – 2017 Outlook: Opportunity and Uncertainty

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – Each quarter, the Raymond James Investment Strategy Committee completes a detailed survey sharing their views on the investment environment, and their responses are the basis for a discussion of key themes and investment implications covered in this quarter’s Investment Strategy Quarterly.

Read an overview of the key themes below, or download the entire publication for a more thorough view of the markets and the economy.

The Raymond James Investment Strategy Committee weighs in on market trends, economic conditions and the outlook for investors in 2017.

The Raymond James Investment Strategy Committee weighs in on market trends, economic conditions and the outlook for investors in 2017.

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National Association of Realtors reports Existing-Home Sales Jump Again in October

 

National Association of Realtors Washington, D.C.Existing-home sales ascended in October for the second straight month and eclipsed June’s cyclical sales peak to become the highest annualized pace in nearly a decade, according to the National Association of Realtors®.

All major regions saw monthly and annual sales increases in October.   

Existing Home Sales for October 2016

Existing Home Sales for October 2016

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City of Clarksville Population Estimates Climb Toward 150,000

 

Clarksville-Montgomery County Economic Development CouncilClarksville, TN – Estimates released yesterday from the U.S. Census Bureau’s American Community Survey show Clarksville’s population at 149,120. Just shy of the 150,000 mark, this growth reflects an 11.6% increase over the past five years.

In the same report, Montgomery County population is growing quickly toward a population of 200,000, with a 2015 estimate of 193,479, which is also up 11.6% from 2010. The number of households in the county increased to 70,494, up 7.7% over 2014.

Average Age Stays Young; Education Improves

Average Age Stays Young; Education Improves

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Frazier Allen: Domestic Stocks Climb Higher in July

 

F&M Investment Services - Raymond JamesClarksville, TN – The Dow Jones Industrial Average and the S&P 500 both reached new highs during July, and the S&P 500 notched its fifth consecutive monthly gain.

According to research by Raymond James Chief Investment Strategist Jeff Saut, historically, any time the broad market S&P 500 has hit a new all-time high after 52 weeks spent below the previous high-water mark, we have seen average gains of 12.3% over the course of the next year.

The dog days of summer don’t seem to be slowing the markets down.

The dog days of summer don’t seem to be slowing the markets down.

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Tennessee is Top State in United States for Advanced Industry Job Growth according to Brookings Institution Report

 

Tennessee Department of Economic and Community DevelopmentNashville, TN – Tennessee ranks No. 1 among U.S. states for advanced industry job growth since 2013, the Brookings Institution found in a newly released report.

From 2013 to 2015, Tennessee’s advanced industry jobs increased by an average of 4.6 percent annually, according to Brookings, a Washington, D.C.-based think tank. With the highest percentage growth rate among U.S. states, Tennessee outpaced the national average of 2.46 percent annual advanced industry job growth.

Tennessee’s Advanced Industry Jobs grew 4.6% annually from 2013 to 2015.

Tennessee’s Advanced Industry Jobs grew 4.6% annually from 2013 to 2015.

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Frazier Allen: July 2016 Investment Strategy Quarterly Recap

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – Financial market headwinds for the next six to twelve months include political uncertainty in the U.S., a strengthening U.S. dollar, significant uncertainty surrounding Britain’s recent referendum on leaving the European Union (“Brexit”), and earnings growth.

Tailwinds include low oil prices, an improving labor market, and a low interest-rate environment.

Frazier Allen

Frazier Allen

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of June 12th, 2016

 

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – Fed Chair Janet Yellen said she was “cautiously optimistic” in her speech on the economy and monetary policy. She expects that further gradual increases in the federal funds target rate will be warranted, but she also stressed a number of near-term uncertainties.

This week, the mid-month economic data releases will be important, especially Tuesday’s retail sales figures, but the focus will be on the Fed.

Frazier Allen

Frazier Allen

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2016 Legislative Session of the 109th Tennessee General Assembly report

 

Tennessee State Representative Curtis Johnson

Tennessee State Representative - District 68Nashville, TN – The 109th Tennessee General Assembly adjourned on April 22nd, 2016 to become a part of Tennessee history with passage of major legislation to reduce crime, cut tax burdens, spur job growth, accelerate the state’s success in K-12 education, boost the number of college graduates, curb drug abuse and curtail drunk driving.

State lawmakers also passed significant legislation to ease traffic congestion, reduce child abuse, aid farmers, increase access to healthcare and medication, increase voter participation and provide a safer environment for the elderly.

Following, please find a copy of some of the highlights of this year’s legislative action.

Tennessee State Representative Curtis Johnson

Tennessee State Representative Curtis Johnson

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Tennessee House of Representatives Welcomes Japan’s Consul-General

 

Tennessee Representative Curtis Johnson

Tennessee State Representative - District 68Nashville, TN – The Tennessee House of Representatives was pleased to welcome Mr. Masami Kinefuchi to attend Wednesday’s session of the House and to present him with a House Joint Resolution recognizing the great contribution he has made to the economy of Tennessee.

The consul-general’s job is to facilitate economic and cultural exchange between Japan and the United States. He has jurisdiction over five states—Arkansas, Kentucky, Louisiana, Mississippi, and Tennessee. In these five states, there are more than 400 Japanese companies.

In Tennessee there are over 180 Japanese-based business employing more than 46,000 individuals with the largest company being Nissan with an assembly plant in Smyrna, Tennessee. Other Japanese companies in Tennessee are Denso, Bridgestone, Calsonic, and Yorozu.

Rep. Curtis Johnson on the far right presented the House Joint Resolution to Mr. Kinefuchi (4th from left). Also, from the left is the governor’s chief of state, Jim Henry; House Finance Chairman, Charles Sargent; and Speaker of the House Beth Harwell.

Rep. Curtis Johnson on the far right presented the House Joint Resolution to Mr. Kinefuchi (4th from left). Also, from the left is the governor’s chief of state, Jim Henry; House Finance Chairman, Charles Sargent; and Speaker of the House Beth Harwell.

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