Municipal Bond Credit Report: Coronavirus Continues to Weigh on U.S. Consumer Prices
Municipal Bond Credit Report: U.S. consumer prices dropped for a third straight month in May as the coronavirus pandemic kept shoppers and travelers at home, but the rate of decline…
Municipal Bond Credit Report: U.S. Budget Deficit Widened to $399 Billion in May From $208 Billion a Year Earlier
Municipal Bond Credit Report: The U.S. government’s budget deficit rose 92% in May from a year earlier to $399 billion, as revenues plummeted and spending surged on efforts to stem…
Municipal Bond Credit Report: U.S. Initial Unemployment Claims Fell to 1.5 Million Last Week
Municipal Bond Credit Report: The number of people seeking and receiving unemployment benefits fell, signs the labor market continues to mend… Link to Story
Municipal Bond Credit Report: Fed Officials Project No Rate Increases Through 2022
Municipal Bond Credit Report: Federal Reserve officials signaled plans to keep interest rates near zero for years and said they were studying how to provide more support to a U.S.…
Municipal Bond Credit Report: May sees biggest jobs increase ever of 2.5 million as economy starts to recover from coronavirus
Municipal Bond Credit Report: Employment stunningly rose by 2.5 million in May and the jobless rate declined to 13.3%, according to data Friday from the Labor Department that was far…
Municipal Bond Credit Report: Where Employment Improved—and Where It Didn’t
Municipal Bond Credit Report: Employment rebounded broadly in May as companies reopened following coronavirus shutdowns. Among goods-producing industries, manufacturing showed strong gains… Link to Story
Municipal Bond Credit Report: Fed Debates Whether to Reinforce Low-Rate Pledge With Yield Caps
Municipal Bond Credit Report: To stimulate the economy in the past decade with interest rates pinned near zero, the Federal Reserve made promises about how long they would remain low……
Municipal Bond Credit Report: Long-term outlook for state pension plans uncertain
Municipal Bond Credit Report: Public pension managers in Illinois, Kentucky, and Missouri say public pension plans face much uncertainty although the COVID-19 pandemic has not yet had a significant impact…
Municipal Bond Credit Report: Pandemic decimates central Florida tourist tax collections
Municipal Bond Credit Report: In Orange County, Florida, home to the second-largest convention center in the country and mega-theme parks, the coronavirus pandemic has decimated tourist development tax collections… Link…
Municipal Bond Credit Report: As Covid-19 Closes Stadiums, Municipalities Struggle With Billions in Debt
Municipal Bond Credit Report: Two decades of using borrowed money to pay for new stadiums is coming back to haunt many cities across the country… Link to Story
