Municipal Bond Credit Report: There are ‘pretty high’ risks of the U.S. economy backtracking, Moody’s economist warns
Municipal Bond Credit Report: The U.S. economy, which has shown signs of recovering, could see its prospects turn given the intensifying spread of Covid-19 in the country and a lack…
Municipal Bond Credit Report: U.S. productivity increases solidly in third-quarter
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: Coronavirus restrictions pressure New Jersey casino authority
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 rating outlook from Moody’s dims over coronavirus impact
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 reject progressive income tax system
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: U.S. Trade Deficit Narrowed in September as Exports Rose
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: U.S. weekly jobless claims total 751,000, vs 778,000 expected
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: Chicago rating outlook gets Fitch Ratings cut to negative
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: U.S. Economy Recovered Significant Ground in Record Third-Quarter GDP Rebound
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: U.S. States Face Biggest Cash Crisis Since the Great Depression
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…
