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Recent Articles
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Topic: Bureau of Labor Statistics
Both of these monthly changes are the largest in the series’ histories, as never before has the United States halted large portions of its economic activity.
Sections: Politics | No Comments
Clarksville Weekly Market Snapshot from Frazier Allen for the week of March 2nd, 2014
Consumer spending was not as strong as estimated earlier, but was still respectable (a +2.6% pace, vs. +3.3%). Business fixed investment was revised higher (+7.3%, vs. +3.8%). «Read the rest of this article» Sections: News | No Comments
Clarksville Weekly Market Snapshot from Frazier Allen for the week of February 23rd, 2014
The CPI rose modestly in January, continuing a low trend. The new and improved Producer Price Report suggested relatively modest pipeline inflation pressures. «Read the rest of this article» Sections: Business | No Comments
Clarksville Weekly Market Snapshot from Frazier Allen for the week of February 16th, 2014
She pledged continuity in monetary policy and regulatory reform. While “not on a preset path,” the monthly pace of asset purchases will likely be reduced “in further measured steps at future meetings” (which is widely interpreted as -$10 billion per Fed policy meeting). «Read the rest of this article» Sections: Business | No Comments
Clarksville Weekly Market Snapshot from Frazier Allen for the week of November 12th, 2013
Consumer spending rose at a 1.5% annual rate, while business fixed investment rose 1.6% – nothing to write home about. The partial government shutdown had a mixed impact on the October employment figures. Nonfarm payrolls rose by 204,000 (median forecast: +125,000), while August and September figures were revised a net +60,000. «Read the rest of this article» Sections: Business | No Comments
Clarksville Weekly Market Snapshot from Frazier Allen for the week of November 3rd, 2013
That suggests that the Fed could still begin to taper the pace of asset purchases at the December policy meeting if the economic data between now and then are strong enough (although that’s not seen as likely). «Read the rest of this article» Sections: Business | No Comments
TDOT identifies 111 bridges for replacement or repairTDOT to fund bridge repair and replacement projects across Tennessee, including two bridges located in Montgomery County.
TDOT’s Better Bridges Program is a four-year program approved in the General Assembly’s 2009 session that will issue bonds to pay for the repair or replacement of more than 200 structurally deficient bridges in the state. TDOT has presented its list of bridges targeted for inclusion in this first year of the program to Governor Phil Bredesen and leaders of the Tennessee General Assembly. This action is required of TDOT by Public Chapter 552. Governor Bredesen stated that the projects slated for this year of the program will improve safety and reliability on more than one hundred Tennessee bridges. The Federal Bureau of Labor Statistics reported that steel and scrap prices fell nearly 57 percent from June 2008 to June 2009. Cement prices also declined 15 percent over the same period. Governor Bredesen further stated that undertaking these projects now, rather than later, allows the state to take advantage of today’s lower construction material costs. «Read the rest of this article» Sections: News | No Comments
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