President Donald Trump Is Committed To Creating Opportunity For All

Washington, D.C. –  President Donald J. Trump is building a brighter future for the United States. The booming economy is lifting millions of Americans out of poverty and providing all people with the opportunity for a brighter future.

Since President Trump was elected, 7 million jobs have been added to our economy, and the unemployment rate remains near its lowest level in half a century.

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

Clarksville, 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).

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Tennessee Governor Bill Haslam signs Food Tax Reduction Bill at Monroe County Grocery

Legislation last step in two-year effort to cut state portion of sales tax on groceries to 5 percent

Vonore, TN – Tennessee Governor Bill Haslam today traveled to Monroe County to sign legislation to reduce the state portion of the sales tax on groceries from 5.25 percent to 5 percent.

Haslam held a ceremonial bill signing at Sloan’s Grocery in Vonore, Tennessee.

In 2012, the General Assembly passed and the governor signed the first step in reducing the state portion of the sales tax on groceries, lowering the rate from 5.5 percent to 5.25 percent. [Read more]