Clarksville, TN – Due to the upcoming 4th of July weekend, the city council moved its regular voting session to July 1st. It was an interesting evening.
Ordinance 7 – 2014-15 (Homeless Shelter Distance)
This ordinance proposed to shrink the distance that a homeless shelter could be located from residential properties. Currently, the distance requirement is 1000 feet. According to map inquiries by the Planning Commission, there are only four locations left in Clarksville that would allow a shelter to be at this separation requirement. «Read the rest of this article»
Clarksville, TN - Retired Army Helicopter Pilot Dan Cramer has announced he will run to represent Tennessee’s 7th district in the U.S. House of Representatives, pledging to focus on the responsibility to govern that is entrusted to every member of congress.
Dan has made a commitment to restoring opportunity and prosperity to the middle class and to tackle the hard work of addressing issues like tax reform, immigration, and the national debt.
Clarksville, TN – While the markets managed solid gains over the last three months, investors continue to measure their enthusiasm as the U.S. economy maintains a less-than-robust growth trend heading into the second half of the year.
After a hesitant start to 2014, the markets gained momentum as the winter doldrums gave way to slow spring growth. But ever-present concerns over the Fed’s imminent move to wind down its quantitative easing program and eventually raise rates again have kept stock market euphoria at bay.
Clarksville, TN – GDP growth was revised to a -2.9% annual rate in the third estimate for 1Q14 (vs. -1.0% in the 2nd estimate and +0.1% in the advance estimate).
Prior estimates showed that a slower rate of inventory accumulation and a wider trade deficit subtracted considerably from overall growth – the third estimate showed a somewhat larger subtraction of 3.2 percentage points from the headline GDP growth figure (Domestic Final Sales, GDP less net exports and the change in inventories, rose at a 0.3% annual rate).
Optimistic Americans are dusting off credit cards, helping to boost overall holiday travel volume 1.9% over last year
Tampa, FL - AAA Travel projects 41 million Americans will journey 50 miles or more from home during the Independence Day holiday weekend, a 1.9 percent increase from the 40.3 million people who traveled last year and a nearly 14 percent increase compared to the Memorial Day holiday weekend.
The majority of travelers will be celebrating their freedom with a road trip, with more than eight in 10 (34.8 million) choosing to travel by automobile, the highest level since 2007. «Read the rest of this article»
Tampa, FL – The violence in Iraq caused plenty of pain at the pump for U.S. motorists last week. Throughout the last seven days, the average price for a gallon of regular unleaded rose 5 cents in Florida and Tennessee, and 6 cents in Georgia.
“Motorists will be relieved to see that the average price for gasoline came to a screeching halt over the weekend,” said Mark Jenkins, spokesman, AAA – The Auto Club Group. “Unfortunately, the unrest in Iraq is likely to continue influencing prices in the near future.” «Read the rest of this article»
Clarksville, TN – As expected, the Federal Open Market Committee left short-term interest rates unchanged, reaffirmed its forward guidance on the federal funds target rate, and trimmed another $10 billion from the monthly pace of asset purchases (to $35 billion starting in July). In the Summary of Economic Projections, Fed officials lowered their projections for 2014 GDP growth.
However, that was due entirely to the reported decline in 1Q14 GDP. Implicitly, Fed officials are expecting a 3.1% to 3.4% average pace of GDP growth in the final three quarters of 2014. The forecasts ranges for GDP growth in 2015 and 2016 were the same as the ones made in March.
Fort Campbell, KY – Command Sergeant Major Stephen Bower will relinquish responsibility and authority as command sergeant major of the Fort Campbell Garrison, a component of the Installation Management Command, to Command Sergeant Major Gabriel Espinosa at a ceremony in front of the Garrison Headquarters, Monday, June 23rd at 3:00pm.
Command Sgt. Maj. Espinosa joins the Fort Campbell Garrison Command Group from Fort Riley, KS, where he was the Battalion Command Sgt. Maj. for 1st Battalion, 5th Field Artillery, and, most recently, the Command Sgt. Maj. of the 1st Armored Brigade Combat Team, 1st Infantry Division.
Clarksville, TN – Developments in Iraq sent oil prices higher and undermined stock market sentiment. Note that oil price shocks are viewed as a restrain on economic growth rather than a catalyst for a higher underlying trend in inflation (as opposed to the 1970s, when they quickly fed through to wage inflation).
Iraq is one more concern to be added to the list of worries for the second half of the year. The stock market often climbs “a wall of worry,” but sometimes the wall wins.
By Amaani Lyle, American Forces Press Service
McHugh conveyed gratitude and historical context during the event, “Arlington at 150,” which featured a musical performance by “The President’s Own” U.S. Marine Band as well as participation from the U.S. Army “Old Guard” 3rd Infantry Regiment and historical vignettes depicting how conflicts have molded the nation.
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