Municipal Bond Credit Report: Florida revenues down nearly $900 million as the impact of COVID-19 takes hold
Municipal Bond Credit Report: Florida officials finally got their first glimpse of the impact of COVID-19 on the state’s finances, and it’s not pretty… Link to Story
Municipal Bond Credit Report: New York Starts Mapping Out the Road Back From Coronavirus—and It’s Long
Municipal Bond Credit Report: New York City’s daily death toll from the coronavirus pandemic is receding. Its next chapter, staging an economic comeback, poses a whole new set of challenges……
Municipal Bond Credit Report: Pace Eases for Unemployment Claims, Benefits Distributions
Municipal Bond Credit Report: U.S. workers filed 2.1 million jobless claims last week, extending a downward trend but remaining multiple times higher than before the coronavirus pandemic… Link to Story
Municipal Bond Credit Report: U.S. Economy Contracted 5% in First Quarter, Slightly Steeper Than Initial Estimate
Municipal Bond Credit Report: The U.S. economy’s first-quarter contraction was slightly steeper than initially estimated, and a key measure of corporate profits weakened as coronavirus-related shutdowns began to come into…
Municipal Bond Credit Report: Another 2.1 million file jobless claims, but total unemployed shrinks
Municipal Bond Credit Report: First-time claims for unemployment benefits totaled 2.1 million last week, the lowest total since the coronavirus crisis began though indicative that a historically high number of…
Municipal Bond Credit Report: New Jersey plans spending cuts, using reserves
Municipal Bond Credit Report: New Jersey plans a combination of large-scale spending cuts and drawdowns of the state’s reserves to tackle a massive deficit caused by the COVID-19 pandemic… Link…
Municipal Bond Credit Report: Pandemic highlights need for reserves
Municipal Bond Credit Report: More than 1,000 members of the Government Finance Officers Association watched and listened to expert advice Tuesday on how to estimate highly uncertain events, like natural…
Municipal Bond Credit Report: Illinois passes budget that hinges on borrowing through Fed program
Municipal Bond Credit Report: Illinois lawmakers passed a $40 billion budget for fiscal 2021 that relies on up to $5 billion of borrowing through the Federal Reserve’s new short-term borrowing…
Municipal Bond Credit Report: The Stock Market and Consumer Sentiment Are Telling Different Stories
Municipal Bond Credit Report: Stocks have rebounded dramatically off their March lows, while consumer sentiment is hovering near the lowest level in nearly a decade. The divergence is one of…
Municipal Bond Credit Report: As Coronavirus Lockdown Rules Ease, Some Want to Keep Working From Home
Municipal Bond Credit Report: As states begin to lift the stay-at-home restrictions put in place to combat the coronavirus pandemic, some workers now say they are just fine working from…
