News Feed

Municipal Bond Credit Report: Harvey, Illinois, will exit water receivership oversight at the close of 2020 in a court-approved action the city says could help its pursuit of a debt…

Municipal Bond Credit Report: New applications for unemployment assistance fell last week, a sign of modest improvement during a holiday period clouded with uncertainty around impending changes to benefit payments……

Municipal Bond Credit Report: Illinois closed Thursday on its $2 billion borrowing from the Federal Reserve’s Municipal Liquidity Facility using the cash to pay down its growing bill backlog… Link…

Municipal Bond Credit Report: Homes sales slipped in November as the supply of properties for sale fell to a new low, the latest sign strong economic momentum in the middle…

Municipal Bond Credit Report: U.S. consumers’ outlook on the economy darkened this month as coronavirus cases climbed nationwide and local governments imposed new restrictions, according to survey data released Tuesday……

2.Municipal Bond Credit Report: A seventh straight month of manufacturing gains helped drive a November rise in U.S. industrial production as the nation’s auto and parts plants increased output… Link…

Municipal Bond Credit Report: U.S. retail sales declined by 1.1% in November, the first drop in seven months as consumers pulled back during the holiday season… Link to Story

Municipal Bond Credit Report: Illinois piled nearly $4 billion onto its unfunded pension liabilities in fiscal 2020 as statutorily based payments fell well short of actuarial requirements and amid lackluster…

Municipal Bond Credit Report: The Illinois Sports Facilities Authority is sounding alarms over its dismal fiscal picture heading into fiscal 2022 in the absence of a strong economic recovery that…

Municipal Bond Credit Report: The nation’s ports didn’t experience the cratering of traffic anticipated earlier in the year because of the global pandemic, and according to forecasters the next two…

Municipal Bond Credit Report: Worker applications for unemployment benefits rose sharply last week, an indication layoffs remain at a high level nearly nine months into the coronavirus pandemic… Link to…

Municipal Bond Credit Report: A Los Angeles suburb that pledged its streets as collateral for a pension bond deal is under a new spotlight because of its financial practices.. Link…