AAA says Rising Gas Stocks Put Downward Pressure on Winter Pump Prices
January 28, 2020
Clarksville has the lowest Gas Prices in Tennessee
Nashville, TN – AAA reports that the Tennessee Gas Price average is $2.28 which is four cents less than last week, 3 cents lower than one month ago, and 23 cents higher than one year ago. Prices are expected to slip even lower in the coming days.
Gas prices have continued to drop over the last week as gasoline stocks grew again, measuring at 260 million bbl – the highest stock level ever recorded by the Energy Information Administration (EIA) since it began recording the data in 1990.
Tennessee Gas Prices continue to trend downward. (AAA)
How Thanksgiving Began
November 28, 2019
Clarksville, TN – Many people throughout history have had many reasons to give thanks. Thanks is given often in joyful celebration and sometimes in solemn, even prayerful, ceremony.
The United States has observed a national holiday for giving thanks for hundreds of years.
It is a time to celebrate family and friends, the arrival of crisp fall weather, the turning of the leaves, football, turkey, cornbread dressing and pumpkin pie.
1621 was the year of the First Thanksgiving
Tennessee State Fire Marshal’s Office says Keep Halloween Safe With Simple Fire Safety Tips
October 27, 2019
Nashville, TN – Halloween traditions such as jack-o’-lanterns, trick-or-treating, and so-called “haunted houses” bring families and friends together each year to celebrate fall in festive, memorable ways. Unfortunately, Halloween’s activities also carry fire safety risks that could result in injuries or, worse, a fatality.
According to data from the National Fire Protection Association (NFPA), decorations are the first thing to ignite in 900 reported home fires each year.
Halloween Safety Tips
Tennessee Governor Bill Lee Announces Transportation Alternatives Grants Statewide
September 16, 2019
Nashville, TN – Tennessee Governor Bill Lee and Tennessee Department of Transportation Commissioner Clay Bright announced today the award of $13,669,998 Transportation Alternatives Grants statewide in Tennessee.
“Tennessee is committed to continuing to develop safe infrastructure across our states,” Lee said. “These grants will help us reach our goal of being a healthier state and will enhance the lives of Tennesseans by making our communities more accessible and livable.”
Tennessee Governor Bill Lee
Tennessee Landmarks this week to Light Up Green for Child Support Awareness Month
August 8, 2019
Paris’ Eiffel Tower, State Capitol Cupola, and Liberty Bowl Stadium, are among those observing Child Support Awareness Month.
Nashville, TN – To symbolize Child Support Awareness Month and to recognize the positive impact the Tennessee Department of Human Services (TDHS) Child Support Program provides to strengthen families and children notable Tennessee landmarks and structures will be lit green this week.
RJ Corman Bridge in Clarksville. (David E. Smith)
AAA reports U.S. Gasoline Stocks rose Ahead of Memorial Day Weekend
June 2, 2019
Tampa, FL – AAA says that just before the busy Memorial Day weekend, refineries across the country boosted their crude utilization rate to 91.2% — a significant increase to a spring season which has seen utilization in the 86-88% range, mostly due to unexpected and planned maintenance.
The higher rate helped boost gasoline stocks by 2.2 million bbl to 230.9 million bbl last week, according to the Energy Information Administration’s weekly petroleum status report for the week ending on May 24th.
AAA says increased Gas Inventories will help keep Pump Prices down this Summer. (AAA)
Clarksville Weekly Market Snapshot from Frazier Allen for the week of May 29th, 2017
May 29, 2018
Clarksville, TN – Next week, a number of important economic data reports will arrive, but the focus is expected to be on the May employment figures. Recent labor market data suggest that the tight job market has grown tighter still.
Over the next several months, the pace of job growth is expected to be restrained by a lack of qualified workers. The unemployment rate is likely to remain low (it was 3.9% in April).
Frazier Allen
Clarksville Weekly Market Snapshot from Frazier Allen for the week of December 31st, 2017
December 31, 2017
Clarksville, TN – Next week, the ISM surveys have some market-moving potential and we should receive anecdotal information on the strength of holiday sales, but the focus is expected to be on the employment figures.
Seasonal adjustment is a bit quirky in December and can easily magnify the normal statistical noise in the job market figures (as a reminder, the monthly change in nonfarm payrolls is reported accurate to ±120,000 and the unemployment rate is reported accurate to ±0.2%). Market participants are likely to focus on average hourly earnings, which can be noisy.
Frazier Allen
Clarksville Weekly Market Snapshot from Frazier Allen for the week of December 17th, 2017
December 17, 2017
Clarksville, TN – As expected, the Fed raised short-term interest rates for the third time in 2017 (market participants were more focused on the progress of tax legislation).
The dots in the dot plot did not shift much from where they were in September and were all over the place for the end of 2018 and 2019 – meaning that there is no clear consensus on the pace of policy action (and bear in mind that personnel changes mean that many of these dots will be replaced in 2018).
Frazier Allen
Clarksville Weekly Market Snapshot from Frazier Allen for the week of November 28th, 2017
November 28, 2017
Clarksville, TN – Next week, the economic calendar picks back up and the Senate returns to work on its version of a tax-cut bill.
However, the focus is expected to be on Jay Powell’s Fed chair nomination hearing. Powell is unlikely to speak about the near-term policy outlook (what the Fed will do in December), but lawmakers will ask about his broader approach to monetary policy and banking regulation (expect vigorous questioning from Senator Warren, but he should eventually receive approval in a full Senate vote).
Frazier Allen
