News from September 2019


Georgia's miscellaneous tax revenues down 11.1 percent since Q1 2019

Georgia collected $40 million in miscellaneous tax revenue during the first quarter of 2019, a 11.1 percent decrease over the previous quarter when $45 million was reported, according to the U.S. Census Bureau’s Quarterly Summary of State and Local Taxes.

Amusement and recreation construction spending up 4.4% from June 2018 to June 2019

Construction spending on amusement and recreation structures for June 2019 was estimated at a seasonally adjusted annual rate of $27.77 billion, a 4.4 percent increase from the same period a year earlier, according to a U.S. Census Bureau report, which was released on Aug. 6.

Unfilled orders of nondefense aircraft and parts fall 0.5 percent in April

Unfilled orders for nondefense aircraft and parts decreased $3.12 billion, or 0.5 percent, to $590.62 billion in April, according to a U.S. Census Bureau report before released in August.

$13.1 billion spent on public amusement and recreation construction in May 2019

Construction spending by the public sector on amusement and recreation structures for May 2019 was estimated at a seasonally adjusted annual rate of $13.1 billion, according to the U.S. Census Bureau report which was released in August.

U.S. specialized freight trucking services report $23.7 billion in revenue for Q1 2019

Revenue for specialized freight trucking services across the U.S. was $23.7 billion for the 1st quarter of 2019.

Troy Bank & Trust Company rated as "satisfactory" by feds

Troy Bank & Trust Company, Alabama has been rated as "satisfactory" by federal regulators.

Motor vehicle and motor vehicle parts and supplies wholesalers report 0.2 percent decrease in June sales

Sales by motor vehicle and motor vehicle parts and supplies wholesalers in June were $40.8 billion, a decrease of 0.2 percent from the revised May 2019 level, according to the U.S. Census Bureau.

Professional and commercial equipment and supplies wholesalers report 1.1 percent increase in June inventories

Inventories held by professional and commercial equipment and supplies wholesalers in June were valued at $55.2 billion, an increase of 1.1 percent from the revised May 2019 level, according to the U.S. Census Bureau.

Lumber and other construction materials wholesalers report 1 percent increase in June inventories

Inventories held by lumber and other construction materials wholesalers in June were valued at $19.3 billion, an increase of 1 percent from the revised May 2019 level, according to the U.S. Census Bureau.

U.S. engineering services report 1.4% increase in revenue from Q4 2018 to Q1 2019

Revenue for engineering services industries across the U.S. was $64.7 billion for the 1st quarter of 2019, a 1.4 percent increase over the previous quarter.

First Community Bank of Central Alabama in Wetumpka last evaluated by feds in 2018

First Community Bank of Central Alabama in Wetumpka, Alabama received its last CRA evaluation from federal regulators on Jan. 1, 2018.

Alabama collects $173.3 million in corporations in general license in 2017

Of the $10.4 billion in taxes collected by Alabama in 2017, 1.7 percent, or, $173.3 million, came from corporations in general license, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Grugs and druggists' sundries wholesalers report 3.9 percent increase in year-over-year May inventories

Inventories held by grugs and druggists' sundries wholesalers in May were valued at $65 billion, an increase of 3.9 percent from the same period a year earlier.

Alabama collects $21.5 million in hunting and fishing license in 2018

Of the $11.1 billion in taxes collected by Alabama in 2018, 0.2 percent, or, $21.5 million, came from hunting and fishing license, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

U.S. building material and supplies dealers report $30.2 billion in sales for June

The estimated sales for building material and supplies dealers for June 2019 was $30.2 billion, according to the U.S. Census Bureau's Advance Monthly Retail Trade and Food Services Survey.

Southpoint Bank in Birmingham receives satisfactory rating from feds

Southpoint Bank in Birmingham, Alabama received a CRA rating of satisfactory in its most recent examination by federal regulators.

Shelby County’s $3,429-per-month cost of living is the highest in Alabama

Residents of Shelby County need to make $3,429 every month to maintain a modest standard of living, making it the most expensive place to live in Alabama.

Public safety construction spending up 4.9% from June 2018 to June 2019

Construction spending on public safety structures for June 2019 was estimated at a seasonally adjusted annual rate of $9.9 billion, a 4.9 percent increase from the same period a year earlier, according to a U.S. Census Bureau report, which was released on Aug. 6.

First USA Bank in Thomasville rated as "satisfactory" by feds

First USA Bank in Thomasville, Alabama has been rated as "satisfactory" by federal regulators.

Alabama collects $152.5 million in corporations in general license in 2018

Of the $11.1 billion in taxes collected by Alabama in 2018, 1.4 percent, or, $152.5 million, came from corporations in general license, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).