Municipal Bond Credit Report: U.S. Trade Deficit Widened in May as Both Exports, Imports Fell
Municipal Bond Credit Report: Trade between the U.S. and the rest of the world slowed further in May in a sign of the continuing toll that the coronavirus pandemic was…
Municipal Bond Credit Report: U.S. Unemployment Rate Fell to 11.1% in June
Municipal Bond Credit Report: Unemployment fell and the U.S. economy regained 4.8 million jobs in June, but the recent surge in coronavirus infections could throw the recovery off course… Link…
Municipal Bond Credit Report: New York Municipalities Feel Budget Crunch as Coronavirus Pandemic Squeezes Funding
Municipal Bond Credit Report: Officials in Buffalo, the second-largest city in New York, were already preparing to borrow $18 million to keep them in the black after the novel coronavirus…
Municipal Bond Credit Report: Cook County warns of $400 million coronavirus sting in 2021 budget
Municipal Bond Credit Report: Still working to close a COVID-19 pandemic driven fiscal 2021 budget hole, Illinois’ largest county is projecting a $410 million gap heading into the next budget…
Municipal Bond Credit Report: Fed Opens Lending Program for New Issuance of Corporate Debt
Municipal Bond Credit Report: The Federal Reserve formally opened Monday its $500 billion lending program to support issuance of new debt by large corporations, the last of nine emergency programs…
Municipal Bond Credit Report: Fed Chairman Says Economy Faces New Challenges From Coronavirus
Municipal Bond Credit Report: Federal Reserve Chairman Jerome Powell told lawmakers Tuesday that the reopening of the U.S. economy and recent upturn in spending and hiring came sooner than central…
Municipal Bond Credit Report: Fed Keeps Options Open on Yield Caps but Looks to Other Tools First
Municipal Bond Credit Report: The Federal Reserve is unlikely to cap short-term Treasury yields as part of its initial package of economic stimulus measures, instead reserving the option to cap…
Municipal Bond Credit Report: The State Pension Funding Gap- 2018
Municipal Bond Credit Report: At $1.24 trillion, the 50-state pension funding gap—the difference between a state retirement system’s assets and its liabilities—improved slightly in 2018 primarily due to strong investment…
Municipal Bond Credit Report: U.S. Initial Unemployment Benefits Steady at 1.5 Million in June
Municipal Bond Credit Report: The number of workers seeking jobless benefits has held steady at about 1.5 million each week so far in June, signaling a slow recovery for the…
Municipal Bond Credit Report: U.S. Consumer Spending Rebounded in May, but Virus Surge Poses Economic Threat
Municipal Bond Credit Report: Americans increased spending at a record pace in May, helping the economy dig out of a severe recession, but a new rise in virus infections threatens…
