Economic Summary: Improving economic growth. Economic growth in the U.S. was revised upward to a rate of 3.1% in the second quarter of 2017, its fastest pace in almost two years. The continued strength of the economy depends on the recent hurricanes’ potential to slow...
Economic Summary Our nation continues to grapple with the devastating impact of Hurricanes Harvey and Irma, and we brace ourselves for the potential of more hurricanes. Congress agreed to a three-month extension of the federal debt ceiling in exchange for $8 billion...
Economic Summary Economic growth in the second quarter of 2017 increased to 2.6%. This was largely due to increased non-residential investment and personal consumption. An increase in inventories took away from growth while the increase in net exports added to the...
Economic Summary Where are we in the current economic cycle? On the one hand, it seems like the economy has been growing for a long time, which it has. The current economic expansion is in its 96th month vs. the average length of expansions of 47 months since the year...
Consumers plod along. Although the Conference Board’s consumer confidence fell more than expected in May, it remained close to post recession highs. Consumer spending also rose in April, getting the second quarter off on a strong note. However, the pace of spending...
Southeastern Trust is proud to be the Platinum Sponsor for this year’s Embrace Aging Forum, where Trust Officer Teresa Whitton will also speak on Special Needs Trusts. The forum, hosted by Chambliss Law, will be held July 13, 2017 in Chattanooga, TN. More...
Congratulations to our Trust Specialist Gail Davis! Gail was recently awarded the Certified Trust & Financial Advisor (CTFA) designation from the Institute of Certified Bankers, a subsidiary of the American Bankers Association. Gail has been a part of Southeastern...
The first quarter of 2017 was dominated by political headlines, firming economic data, and stronger corporate earnings. After an initial wave of bullish sentiment leading up to and following the inauguration of President Trump, a wave of bearish pessimism swept over...
The Internal Revenue Service has published IRA contribution limits and provisions for 2017. These limits and provisions impact how you manage your assets for retirement planning in the coming year. Read more details...
On October 27-28 of this year, Southeastern Trust sponsored the Lion’s Den fall event in Birmingham, AL. “The 3rd annual event featured four businesses presenting to hundreds of attendees and a Panel of Lions in a “Shark Tank” type experience...
Southeastern Trust sponsored this year’s 2016 Southeast Tennessee’s aging conference, It Takes a Village, held at Concord Baptist Church in Chattanooga. The event brings together professionals in the aging field, caregivers, seniors and planning boomers around...
Southeastern Trust was the Platinum Sponsor for this year’s 20th Annual Elder and Special Needs Law Symposium. The event, organized by the North Carolina Bar Association Foundation, brings together Special Needs and Elder Law Attorneys as part of their...
