News from April 2018


Analysis: Homeowners in Hawaii, Alabama, Colorado pay lowest property tax rate in U.S.

With an effective property tax rate of about 0.33 percent, Honolulu has the lowest property tax rate among U.S. cities, according to an ATTOM Data Solutions analysis of property taxes levied on single-family homes.

Analysis: College athletics grossed $31,832 per athlete in 2016

University of Georgia grossed $352,349 per athlete in 2016 – the highest of all athletic programs that year, followed by University of Texas at Austin ($346,947 per athlete) and Louisiana State University ($315,988 per athlete), according to a Higher Education Tribune analysis of the latest federal data.

Analysis: Homeowners in Pennsylvania metro area pay highest property tax rate in U.S.

With an effective property tax rate of about 3.9 percent, the Scranton-Wilkes-Barre-Hazleton metropolitan area in Pennsylvania has the No. 1 highest tax rate among U.S. cities, according to an ATTOM Data Solutions analysis of property taxes levied on single-family homes.

Nationally, public colleges, universities face borrower default rate of 11.28%

At Culpeper Cosmetology Training Center in Virginia, 34.5 percent of borrowers who started repaying student loans in 2014 defaulted on those loans by the end of 2016, according to the latest disclosure from the U.S. Department of Education.

Analysis: Connecticut homeowners pay the seventh highest property tax rate in the U.S.

With an effective tax rate of 1.99 percent, Connecticut has the seventh highest tax rate among U.S. states and the District of Columbia, according to an ATTOM Data Solutions analysis of property taxes levied on single-family homes.

306,553 U.S. borrowers in default on student loans from public colleges, universities

Ivy Tech Community College in Indiana, Portland Community College in Oregon, and Columbus State Community College in Ohio reported the largest share of borrowers from public institutions who defaulted on school loans they started repaying in 2014, according to the latest disclosure from the U.S. Department of Education.

Analysis: College sports raked in $18.1 billion in 2016

University of Texas at Austin grossed $207 million in 2016, making it the highest-grossing college sports program that year, followed by Ohio State University ($176 million) and University of Alabama ($174 million), according to a Higher Education Tribune analysis of the latest federal data.

Nondurable manufacturing industry Q1 net sales up 5.9%

The nondurable manufacturing industry’s net sales in the first quarter of 2018 were up 5.9 percent over the same period last year, according to the U.S. Census Bureau.

Nonmetallic mineral products industry Q1 net sales up 5%

The nonmetallic mineral products industry’s net sales in the first quarter of 2018 were up 5 percent over the same period last year, according to the U.S. Census Bureau.

Printing and related support activities industry Q1 net sales down 8.6%

The printing and related support activities industry’s net sales in the first quarter of 2018 were down 8.6 percent from the same period last year, according to the U.S. Census Bureau.

Electrical equipment, appliances and components industry Q1 net sales down 1.3%

The electrical equipment, appliances and components industry’s net sales in the first quarter of 2018 were down 1.3 percent from the same period last year, according to the U.S. Census Bureau.

Paper industry Q1 net sales up 4.6%

The paper industry’s net sales in the first quarter of 2018 were up 4.6 percent over the same period last year, according to the U.S. Census Bureau.

Apparel and leather products industry Q1 net sales up 0.9%

The apparel and leather products industry’s net sales in the first quarter of 2018 were up 0.9 percent over the same period last year, according to the U.S. Census Bureau.

Motion picture and sound recording industries Q1 net sales up 1.1%

The motion picture and sound recording industries' net sales in the first quarter of 2018 were up 1.1 percent over the same period last year, according to the U.S. Census Bureau.

Aerospace products and parts industry Q1 net sales up 9.4%

The aerospace products and parts industry’s net sales in the first quarter of 2018 were up 9.4 percent over the same period last year, according to the U.S. Census Bureau.

Manufacturing industry Q1 net sales up 5.7%

The manufacturing industry’s net sales in the first quarter of 2018 were up 5.7 percent over the same period last year, according to the U.S. Census Bureau.

Telecommunications industry Q1 net sales up 2.8%

The telecommunications industry’s net sales in the first quarter of 2018 were up 2.8 percent over the same period last year, according to the U.S. Census Bureau.

Furniture and related products industry Q1 net sales down 0.4%

The furniture and related products industry’s net sales in the first quarter of 2018 were down 0.4 percent from the same period last year, according to the U.S. Census Bureau.

Plastics and rubber products industry Q1 net sales up 0.2%

The plastics and rubber products industry’s net sales in the first quarter of 2018 were up 0.2 percent over the same period last year, according to the U.S. Census Bureau.

Wholesale trade industry Q1 net sales up 6.3%

The wholesale trade industry’s net sales in the first quarter of 2018 were up 6.3 percent over the same period last year, according to the U.S. Census Bureau.