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Municipal Bond Credit Report: U.S. worker productivity increased strongly in the third quarter, depressing unit labor costs, suggesting wage inflation could remain tame as the economy recovers from the pandemic……

Municipal Bond Credit Report: Financial hits to Atlantic City’s hospitality industry from state limitations aimed at curbing the spread of COVID-19 are hindering a state agency reliant on luxury tax…

Municipal Bond Credit Report: Chicago’s COVID-19 fiscal wounds spurred Moody’s Investors Service to move its outlook to negative on the city’s already-junk general obligation rating… Link to Story

Municipal Bond Credit Report: Illinois voters defeated a measure that would have allowed the state to raise taxes on its wealthiest residents, striking down a pillar of Gov. J.B. Pritzker’s…

Municipal Bond Credit Report: The U.S. trade deficit narrowed in September as exports continued to recover from the global economic downturn caused by the coronavirus pandemic while imports slowed… Link…

Municipal Bond Credit Report: The number of first-time unemployment-benefits filers fell to the lowest level in the pandemic, declining for a second straight week, the Labor Department reported Thursday… Link…

Municipal Bond Credit Report: Fitch Ratings cut the outlook to negative from stable Wednesday on Chicago’s BBB-minus general obligation bond rating… Link to Story

Municipal Bond Credit Report: The economy grew at a record pace in the third quarter—increasing 7.4% over the prior quarter and at a 33.1% annual rate—recovering about two-thirds of the…

Municipal Bond Credit Report: The drop in tax revenue has led to a total shortfall expected in the hundreds of billions of dollars—greater than 2019’s K-12 education budget for every…

Municipal Bond Credit Report: The number of Americans filing initial claims for unemployment insurance fell last week to the lowest level since the pandemic began, suggesting layoffs are easing despite…

Municipal Bond Credit Report: Low revenue from a hotel occupancy rate of just 36% led the Myrtle Beach Convention Center Hotel Corp. in South Carolina to tap its debt service…

Municipal Bond Credit Report: Chicago’s ability to avert a downgrade hinges on honoring its rising pension contribution commitments and continuing to move toward structural budget balance as it navigates the…