Day: April 25, 2012

golf thank you header
19th Annual Chamber Golf Open…Thank You to Our Sponsors!

Our19th Annual Chamber Golf Open is just weeks away.  We look forward to seeing everyone on Friday, May 11 at the Republic Golf Club. We have an exciting day planned for our golfers starting at 7:00 am with registration and breakfast followed by the 8:00 am tee off. Thank you to all of our sponsors…

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Federal Reserve Issues FOMC Statement

According to the Federal Open Market Committee, the economy has been expanding moderately. Labor market conditions have improved in recent months; the unemployment rate has declined but remains elevated. Household spending and business fixed investment have continued to advance. Despite some signs of improvement, the housing sector remains depressed. Inflation has picked up somewhat, mainly…

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U.S. Coal Consumption Fell While Exports Increased During 4th Quarter of 2011

The U.S. Energy Information Administration reported that domestic coal consumption during the fourth quarter of 2011 decreased by 18.8% from the third quarter of 2011 to 227.1 million short tons. This was the lowest level since the second quarter of 1995. This decrease was primarily the result of lower consumption in the electric power sector….

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Close-up of Golf Club and Golf Ball
2012 Golf Weekender

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2012 San Antonio River Parade

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New-Home Sales Fell In March

Sales of new homes declined sharply in March as the housing market remained under pressure. The Department of Commerce said new-home sales dropped by 7.1% last month to a seasonally adjusted annual rate of 328,000. February’s figures on new-home sales, however, were revised sharply upward to show a 7.3% gain, instead of the 1.6% decline…

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UK Falls Back Into Recession

The U.K. slid back into recession in the first quarter of 2012. The Office for National Statistics said today gross domestic product shrank by 0.2% in the three months to March compared with the final quarter of 2011, when output shrank 0.3%. Production in the first quarter was flat compared with the same quarter a…

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