News from September 2019


Crossroads Bank in Wabash receives satisfactory rating from feds

Crossroads Bank in Wabash, Indiana received a CRA rating of satisfactory in its most recent examination by federal regulators.

Crossroads Bank in Wabash last evaluated by feds in 2018

Crossroads Bank in Wabash, Indiana received its last CRA evaluation from federal regulators on Jan. 1, 2018.

Connecticut's miscellaneous tax revenues down 43.5 percent since Q1 2019

Connecticut collected $65 million in miscellaneous tax revenue during the first quarter of 2019, a 43.5 percent decrease over the previous quarter when $115 million was reported, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

Farm product raw materials wholesalers report 3.8 percent increase in May inventories

Inventories held by farm product raw materials wholesalers in May were valued at $25.1 billion, an increase of 3.8 percent from the revised April 2019 level, according to the U.S. Census Bureau.

U.S. professional, scientific and technical services report 0.3% increase in revenue from Q4 2018 to Q1 2019

Revenue for professional, scientific and technical services industries across the U.S. was $496.2 billion for the 1st quarter of 2019, a 0.3 percent increase over the previous quarter.

Indiana collects $434.3 million in tobacco products sales tax in 2017

Of the $18.2 billion in taxes collected by Indiana in 2017, 2.4 percent, or, $434.3 million, came from tobacco products sales tax, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

U.S. automobile and other motor vehicle dealers report $97.6 billion in sales for June

The estimated sales for automobile and other motor vehicle dealers for June 2019 was $97.6 billion, according to the U.S. Census Bureau's Advance Monthly Retail Trade and Food Services Survey.

Grocery and related products wholesalers report 0.1 percent decrease in May inventories

Inventories held by grocery and related products wholesalers in May were valued at $39.7 billion, a decrease of 0.1 percent from the revised April 2019 level, according to the U.S. Census Bureau.

Arizona’s license tax revenues up 7.1 percent since Q1 2018

Arizona collected $135 million in license tax revenue during the 1st quarter of 2019, a 7.1 percent increase over the same period the previous year when $126 million was reported, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

Scientific research and development services industry's Q1 income down 3%

The scientific research and development services industry's after-tax income in the first quarter of 2019 was down 3 percent over the same period last year, according to the U.S. Census Bureau.

Arizona collects $310.7 million in tobacco products sales tax in 2017

Of the $15.3 billion in taxes collected by Arizona in 2017, 2.0 percent, or, $310.7 million, came from tobacco products sales tax, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

$25.5 billion spent on public sewage and waste disposal construction in April 2019

Construction spending by the public sector on sewage and waste disposal structures for April 2019 was estimated at a seasonally adjusted annual rate of $25.5 billion, according to the U.S. Census Bureau report which was released in August.

Metals and non-petroleum minerals wholesalers report 11.5 percent increase in year-over-year May inventories

Inventories held by metals and non-petroleum minerals wholesalers in May were valued at $34.9 billion, an increase of 11.5 percent from the same period a year earlier.

The Morris Plan Company of Terre Haute, Inc. receives satisfactory rating from feds

The Morris Plan Company of Terre Haute, Inc. in Terre Haute, Indiana received a CRA rating of satisfactory in its most recent examination by federal regulators.

Unfilled orders of household appliance manufacturing climb 0.4 percent in April

Unfilled orders for household appliance manufacturing increased $5 million, or 0.4 percent, to $1.14 billion in April, according to a U.S. Census Bureau report before released in August.

U.S. furniture and home furnishings stores report $9.4 billion in sales for June

The estimated sales for furniture and home furnishings stores for June 2019 was $9.4 billion, according to the U.S. Census Bureau's Advance Monthly Retail Trade and Food Services Survey.

Farm product raw materials wholesalers report 3.8 percent increase in May inventories

Inventories held by farm product raw materials wholesalers in May were valued at $25.1 billion, an increase of 3.8 percent from the revised April 2019 level, according to the U.S. Census Bureau.

Scientific research and development services industry's Q1 income down 3%

The scientific research and development services industry's after-tax income in the first quarter of 2019 was down 3 percent over the same period last year, according to the U.S. Census Bureau.

The Morris Plan Company of Terre Haute, Inc. last evaluated by feds in 2016

The Morris Plan Company of Terre Haute, Inc. in Terre Haute, Indiana received its last CRA evaluation from federal regulators on July 1, 2016.

Grocery and related products wholesalers report 0.1 percent decrease in May inventories

Inventories held by grocery and related products wholesalers in May were valued at $39.7 billion, a decrease of 0.1 percent from the revised April 2019 level, according to the U.S. Census Bureau.