Municipal Bond Credit Report: Suffolk County, N.Y., downgraded amid coronavirus budget stress
Municipal Bond Credit Report: Just ahead of the expected approval of a 2021 budget, Suffolk County, New York, received its third rating downgrade this year… Link to Story
Municipal Bond Credit Report: Grim Illinois forecast sets table for cuts and MLF borrowing
Municipal Bond Credit Report: Illinois’ $7.8 billion unpaid bill backlog will soar to $35 billion in 2026 without structural fixes to the state budget, Gov. J.B. Pritzker’s administration warned in…
Municipal Bond Credit Report: NY City and MTA: Will they go down together?
Municipal Bond Credit Report: The financial crisis engulfing New York City and the state-run transit system that serves it has generated buzz of the possible demise of both… Link to…
Municipal Bond Credit Report: U.S. Home Sales Rise to 14-Year High in October
Municipal Bond Credit Report: Sales of previously owned homes rose to a new 14-year high in October while median home prices again hit new highs… Link to Story
Municipal Bond Credit Report: U.S. Unemployment Claims Rise Amid Coronavirus Surge
Municipal Bond Credit Report: The number of applications for unemployment benefits rose sharply last week, indicating continued challenges for the U.S. economic recovery as coronavirus infections increased around the country……
Municipal Bond Credit Report: Oklahoma revenues fall 4.1% in October as downturn continues
Municipal Bond Credit Report: Oklahoma gross receipts to the Treasury continued to decline in October as individual income tax collections dropped by 7.5% from a year earlier, indicating the state’s…
Municipal Bond Credit Report: O’Hare airport gets Moody’s outlook cut to negative
Municipal Bond Credit Report: Chicago O’Hare International Airport’s debt-fueled expansion plans combined with the COVID-19 pandemic’s air travel blows led Moody’s Investors Service to move the airport’s rating outlook to…
Municipal Bond Credit Report: State referendums on taxes were split in 2020
Municipal Bond Credit Report: Statewide referendums on taxes had mixed results on Election Day while eight measures in five states to legalize marijuana and in three states offering tax breaks…
Municipal Bond Credit Report: Governments Set to Show More Patience in Tackling Pandemic Debts
Municipal Bond Credit Report: Government debts are piling ever higher as the coronavirus pandemic heads toward its second year, with many businesses and households in parts of the world still…
Municipal Bond Credit Report: U.S. Unemployment Claims Slip but Hold at High Levels
Municipal Bond Credit Report: New applications for unemployment benefits fell sharply last week, suggesting layoffs are easing as the broader economy flashes signs of improvement… Link to Story
