Topic: United States
Clarksville, TN – The economic data calendar was thin. Stock market participants finally got their chance to react to the disappointing employment data for March (the report was released on Good Friday).
However, the negative response was brief, as the market opened lower on Monday and then quickly turned up. The markets seemed to be looking for direction through the week, but failed to find much in the early earnings reports.
Written by Alan Buis
Pasadena, CA – Researchers from several institutions are in the Four Corners region of the U.S. Southwest with a suite of airborne and ground-based instruments, aiming to uncover reasons for a mysterious methane “hot spot” detected from space.
“With all the ground-based and airborne resources that the different groups are bringing to the region, we have the unique chance to unequivocally solve the Four Corners mystery,” said Christian Frankenberg, a scientist at NASA’s Jet Propulsion Laboratory, Pasadena, California, who is heading NASA’s part of the effort.
Battle of the Bulge seminar at Clarksville Train Station on Tuesday, April 7th, 2015, at 4:00pm
Clarksville, TN – On December 16th, 1944, the German Army launched a desperate offensive designed to split the Allied armies in two and capture the strategic supply port of Antwerp, Belgium. This offensive has come to be known as the Battle of the Bulge.
We are now in the midst of the 70th Anniversary of that offensive and historians from the Clarksville area including history faculty from Austin Peay State University will take part in presenting a series of programs that will educate, inform and enlighten the public as to the importance of this offensive. A highlight of one seminar will be actual World War 2 veterans that served in the Bulge fighting.
Clarksville, TN – The economic data were mixed, but generally disappointing, consistent with first quarter GDP growth closer to 0% (growth is widely expected to pick up again in the 2Q15). Consumer confidence improved more than anticipated in March and motor vehicle sales picked up.
However, the ISM manufacturing data suggested a slowdown in the factory sector (likely related to the stronger dollar, although survey respondents continued to note West Coast port delays).
Written by Whitney Clavin
Pasadena, CA – One telescope finds the treasure chest, and the other narrows in on the gold coins. Data from two European Space Telescope missions, Planck and Herschel, have together identified some of the oldest and rarest clusters of galaxies in the distant cosmos.
Planck’s all-sky images revealed the clumps of bright galaxies, while Herschel data allowed researchers to inspect the galactic gems more closely and confirm the discovery.
Clarksville, TN – The economic data were mixed, adding little to the overall picture. Durable goods orders disappointed (again), with orders for nondefense capital goods excluding aircraft (a rough proxy for business fixed investment) down for the sixth consecutive month. Unfilled orders are falling and inventories are outpacing shipments – both are bad signs, but neither is yet at a dangerous level.
Home sales figures were mixed. The third estimate of fourth quarter GDP growth came in at 2.2%, the same as in the previous estimate. This report included corporate profit data for 4Q14, which showed a moderate increase in domestic nonfinancial corporate profits, but a sharp drop in profits from abroad.
Written by Tony Phillips
Washington, D.C. – It’s déjà vu all over again. For the third time in less than a year, sky watchers in the United States can see a total eclipse of the Moon.
The action begins at 3:16am Pacific Daylight Time on the morning of April 4th when the edge of the Moon first enters the amber core of Earth’s shadow. For the next hour and 45 minutes, Earth’s shadow will move across the lunar disk, ultimately swallowing the entire Moon at 4:58am PDT.
Clarksville, TN – Montgomery County Public Health Director Joey Smith (’99) was recently honored as one of the leaders in his field in the United States, and Austin Peay State University is proud to welcome Smith to campus as he discusses his successes and what he sees in the future of public health.
Smith’s discussion will take place from 11:30am–12:30pm on April 8th in University Center room 305, located on the campus of the University.
Unprecedented Look into the Causes of Teen Crashes by the AAA Foundation for Traffic Safety
Tampa, FL – The most comprehensive research ever conducted into crash videos of teen drivers has found significant evidence that distracted driving is likely much more serious a problem than previously known, according to the AAA Foundation for Traffic Safety.
The unprecedented video analysis finds that distraction was a factor in nearly 6 out of 10 moderate-to-severe teen crashes, which is four times as many as official estimates based on police reports.
Clarksville, TN – As was widely anticipated, the Federal Open Market Committee removed the “patient” language from the policy statement, but indicated that “an increase in the target range for the federal funds rate remains unlikely at the April FOMC meeting.”
The FOMC noted that “economic growth has moderated somewhat” (vs. January’s “expanding at a solid pace”). In its Summary of Economic Projections, Fed officials lowered their forecasts for GDP growth and inflation. The dots in the dot plot (expectations of the appropriate year-end level of the federal funds rate) generally moved lower, implying a lower expected path of short-term interest rates in the months ahead.
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