News from September 2019


Georgia's miscellaneous tax revenues up 2.6 percent since Q1 2018

Georgia collected $40 million in miscellaneous tax revenue during the 1st quarter of 2019, a 2.6 percent increase over the same period the previous year when $39 million was reported, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

$26.5 billion spent on public sewage and waste disposal construction in May 2019

Construction spending by the public sector on sewage and waste disposal structures for May 2019 was estimated at a seasonally adjusted annual rate of $26.5 billion, according to the U.S. Census Bureau report which was released in August.

U.S. transportation and warehousing services report $249.1 billion in revenue for Q1 2019

Revenue for transportation and warehousing services across the U.S. was $249.1 billion for the 1st quarter of 2019.

Unfilled orders of ships and boats fall 0.1 percent in April

Unfilled orders for ships and boats decreased $47 million, or 0.1 percent, to $31.49 billion in April, according to a U.S. Census Bureau report before released in August.

Machinery, equipment and supplies wholesalers report 0.7 percent increase in June inventories

Inventories held by machinery, equipment and supplies wholesalers in June were valued at $110.8 billion, an increase of 0.7 percent from the revised May 2019 level, according to the U.S. Census Bureau.

Peach State Bank & Trust in Gainesville receives satisfactory rating from feds

Peach State Bank & Trust in Gainesville, Georgia received a CRA rating of satisfactory in its most recent examination by federal regulators.

Northside Bank in Adairsville receives satisfactory rating from feds

Northside Bank in Adairsville, Georgia received a CRA rating of satisfactory in its most recent examination by federal regulators.

Communication construction spending down 5.2% from June 2018 to June 2019

Construction spending on communication structures for June 2019 was estimated at a seasonally adjusted annual rate of $23.17 billion, a 5.2 percent decrease from the same period a year earlier, according to a U.S. Census Bureau report, which was released on Aug. 6.

U.S. scientific research and development services report 3.4% increase in revenue from Q4 2018 to Q1 2019

Revenue for scientific research and development services industries across the U.S. was $46.2 billion for the 1st quarter of 2019, a 3.4 percent increase over the previous quarter.

U.S. grocery stores report $58 billion in sales for June

The estimated sales for grocery stores for June 2019 was $58 billion, according to the U.S. Census Bureau's Advance Monthly Retail Trade and Food Services Survey.

Lumber and other construction materials wholesalers report 1.9 percent increase in June sales

Sales by lumber and other construction materials wholesalers in June were $11.8 billion, an increase of 1.9 percent from the revised May 2019 level, according to the U.S. Census Bureau.

Citizens Bank & Trust, Inc. in Trenton rated as "outstanding" by feds

Citizens Bank & Trust, Inc. in Trenton, Georgia has been rated as "outstanding" by federal regulators.

Georgia collects $364.3 million in motor vehicle license in 2017

Of the $22.6 billion in taxes collected by Georgia in 2017, 1.6 percent, or, $364.3 million, came from motor vehicle license, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Legacy State Bank in Loganville last evaluated by feds in 2016

Legacy State Bank in Loganville, Georgia received its last CRA evaluation from federal regulators on Dec. 1, 2016.

Furniture and home furnishings wholesalers report 5 percent increase in June sales

Sales by furniture and home furnishings wholesalers in June were $8.2 billion, an increase of 5 percent from the revised May 2019 level, according to the U.S. Census Bureau.

Metals and non-petroleum minerals wholesalers report 0.6 percent decrease in June inventories

Inventories held by metals and non-petroleum minerals wholesalers in June were valued at $34.7 billion, a decrease of 0.6 percent from the revised May 2019 level, according to the U.S. Census Bureau.

U.S. paint and wallpaper stores report $1.1 billion in sales for June

The estimated sales for paint and wallpaper stores for June 2019 was $1.1 billion, according to the U.S. Census Bureau's Advance Monthly Retail Trade and Food Services Survey.

Hawaii's miscellaneous tax revenues down 24.2 percent since Q1 2019

Hawaii collected $25 million in miscellaneous tax revenue during the first quarter of 2019, a 24.2 percent decrease over the previous quarter when $33 million was reported, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

Household appliances and electrical and electronic goods wholesalers report 0.3 percent increase in June inventories

Inventories held by household appliances and electrical and electronic goods wholesalers in June were valued at $58.7 billion, an increase of 0.3 percent from the revised May 2019 level, according to the U.S. Census Bureau.

First Madison Bank & Trust in Colbert receives satisfactory rating from feds

First Madison Bank & Trust in Colbert, Georgia received a CRA rating of satisfactory in its most recent examination by federal regulators.