News published on Business Daily in August 2019

News from August 2019


Merchants Bank of Indiana in Carmel, Indiana received its last CRA evaluation from federal regulators on June 1, 2017.

Hoosier Heartland State Bank in Crawfordsville, Indiana has been rated as "satisfactory" by federal regulators.

The wood products industry reported after-tax income of $892 million in the first quarter of 2019, according to the U.S. Census Bureau.

Inventories for businesses in the iron and steel mills and ferroalloy and steel product manufacturing industry decrease $77 million, or 0.4 percent, to $20.5 billion in April, according to the U.S. Census Bureau.

Inventories for businesses in the primary metals industry increase $19 million, or 0.1 percent, to $36.4 billion in April, according to the U.S. Census Bureau.

The apparel and leather products industry's after-tax income in the first quarter of 2019 was up 326.4 percent over the same period last year, according to the U.S. Census Bureau.

The mining industry’s net sales in the first quarter of 2019 were down 0.4 percent from the same period last year, according to the U.S. Census Bureau.

Inventories for businesses in the iron and steel mills and ferroalloy and steel product manufacturing industry decrease $77 million, or 0.4 percent, to $20.5 billion in April, according to the U.S. Census Bureau.

The miscellaneous manufacturing industry’s net sales in the first quarter of 2019 were up 8 percent over the same period last year, according to the U.S. Census Bureau.

Inventories for businesses in the primary metals industry increase $19 million, or 0.1 percent, to $36.4 billion in April, according to the U.S. Census Bureau.

Inventories held by miscellaneous nondurable goods wholesalers in February 2019 were valued at $33.4 billion, according to the U.S. Census Bureau.

The Fountain Trust Company in Covington, Indiana has been rated as "satisfactory" by federal regulators.

The combined state and average local sales taxes in Indiana ranked in a tie for 24th in the nation, according to a new analysis from the Tax Foundation based on July 2019 data.

The combined state and average local sales taxes in Arizona ranked 11th in the nation, according to a new analysis from the Tax Foundation based on July 2019 data.

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The furniture and related products industry’s net sales in the first quarter of 2019 were up 4.1 percent over the same period last year, according to the U.S. Census Bureau.

The Home National Bank of Thorntown in Thorntown, Indiana received a CRA rating of satisfactory in its most recent examination by federal regulators.

The plastics and rubber products industry reported after-tax income of $3.3 billion in the first quarter of 2019, according to the U.S. Census Bureau.

The textile mills and textile product mills industry's after-tax income in the first quarter of 2019 was down 51 percent over the same period last year, according to the U.S. Census Bureau.

First Savings Bank in Clarksville, Indiana has been rated as "satisfactory" by federal regulators.