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Information Articles for the Paris TN and Henry County Tennessee area

Articles

Information Articles for the Paris TN and Henry County Tennessee area

AAA reports Tennessee Gas Prices Drop to Seven-Month Lows

November 5, 2018

AAA

AAANashville, TN Tennesseans are finding the lowest prices at the pump since April. The state average price for a gallon of regular unleaded is $2.56 – 17 cents less than this year’s high, and 28 cents more than this time last year. 

Gas prices continued their downward trek last week, declining another 5 cents.  The state average declined for the 24th consecutive day on Sunday, for a total discount of 14 cents.

AAA believes the highest gas prices of the year are behind us.

AAA believes the highest gas prices of the year are behind us.

[Read more]

Clarksville Weekly Market Snapshot from Frazier Allen for the week of February 13th, 2017

February 13, 2017

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The economic data calendar was thin. December trade figures were roughly in line with expectations. The University of Michigan Consumer Sentiment Index fell in the mid-February estimate.

Stock market investors were encouraged by the prospect for tax cuts following comments by U.S. President Donald Trump. In contrast, the bond market, recognizing that the process for cutting taxes will be contentious and lengthy, is less fearful of a large boost to the federal budget deficit (hence, bond yields have backed down over the past month).

Frazier Allen

Frazier Allen

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of February 8th, 2017

February 8, 2017

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The Federal Open Market Committee left short-term interest rates unchanged, as expected, and tweaked the wording of the policy statement slightly. There were no solid clues as to the timing of the next increase in short-term interest rates, but officials noted the improvement in consumer and business sentiment and seemed a little more confident that inflation “will” increase to the 2% goal.

While January numbers are often suspect due to the magnitude of the seasonal adjustment, the economic data continued to paint a picture of the economy that is in good shape.

Frazier Allen

Frazier Allen

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of January 15th, 2017

January 15, 2017

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – The economic calendar was relatively thin. Small business optimism rose sharply in December.  Growth in retail sales was concentrated in autos and gasoline – mixed and generally flat otherwise (with unusual softness in food) – but it was still a relatively good quarter overall. 

Department store sales were weak, but that is a long-term trend (not necessarily a sign of consumer weakness). The PPI was largely in line with expectations, reflecting moderate pipeline inflationary pressures (consistent with further Fed rate hikes in the months ahead).

Frazier Allen

Frazier Allen

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Clarksville Weekly Market Snapshot from Frazier Allen for the week of December 11th, 2016

December 11, 2016

F&M Investment Services - Raymond James - Clarksville, TNClarksville, TN – Italy voted “no” on its constitutional referendum and Prime Minister Renzi resigned. South Korea’s president was impeached. The European Central Bank extended its asset purchase program to the end of 2017, but will reduce the monthly pace of purchases in April.

None of that disturbed U.S. equity market investors who continued to enjoy the Trump sizzle. After showing some signs of stability, bond yields again moved higher.

Frazier Allen

Frazier Allen

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Top-Loading Washing Machines recalled by LG Electronics Due to Injury Risk

December 19, 2012

U.S. Consumer Product Safety CommissionWashington, D.C. – The U.S. Consumer Product Safety Commission, in cooperation with the firm named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately unless otherwise instructed. During washing, an unbalanced load can cause the drum to come loose posing chance of personal injury and/or property damage.

It is illegal to resell or attempt to resell a recalled consumer product.

LG Top-Loading Washing Machines recalled because of Risk of Injury

LG Top-Loading Washing Machines recalled because of Risk of Injury

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LG Electronics and Sears Recall Gas Dryers For Repair Due to Fire Hazard

August 22, 2012

U.S. Consumer Product Safety CommissionWashington, D.C. – The U.S. Consumer Product Safety Commission, in cooperation with the firms named below, today announced a voluntary recall of the following consumer product. Consumers should stop using recalled products immediately until a repair is completed on affected dryers. Dryers are being recalled because the gas valve can fail to shut off and continue to heat the dryer and its contents after the drying cycle has been completed.

It is illegal to resell or attempt to resell a recalled consumer product.

(L to R) LG Dryers model number DLG2051W and the Sears Kenmore Elite Dryers model number 796 905129 are just two of the dryer models in this recall.

(L to R) LG Dryers model number DLG2051W and the Sears Kenmore Elite Dryers model number 796 905129 are just two of the dryer models in this recall.

[Read more]

 
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