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…
Municipal Bond Credit Report: U.S. Jobless Claims Fall to Lowest Level Since Start of Coronavirus Pandemic
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: Coronavirus triggers a convention center hotel reserve draw
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: Without touching rating, S&P gives Chicago something to think about
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…
Municipal Bond Credit Report: Bond Insurance Returns to the Muni Market in a Big Way
Municipal Bond Credit Report: The decimated municipal-bond insurance industry is having a renaissance… Link to Story
Municipal Bond Credit Report: U.S. Home Sales Rise to New 14-Year High, Offering a Boost to Economy
Municipal Bond Credit Report: Home sales rose to a new 14-year high in September, bolstered by robust demand and a shortage of homes for sale that is making the housing…
Municipal Bond Credit Report: U.S. Jobless Claims Fell to 787,000 Last Week
Municipal Bond Credit Report: New applications for unemployment benefits so far this month fell to the lowest levels since the coronavirus pandemic shut many businesses in March, a sign of…
Municipal Bond Credit Report: Homebuilder sentiment sets another record high in October
Municipal Bond Credit Report: The nation’s homebuilders are seeing no fall chill in demand from buyers, and that has the industry more confident than ever… Link to Story
Municipal Bond Credit Report: Pennsylvania communities weigh regionalism, other coping measures
Municipal Bond Credit Report: The financial strain from COVID-19 has Pennsylvania’s cities and towns weighing a range of coping measures… Link to Story
