Municipal Bond Credit Report: Pandemic will not delay Libor phaseout
Municipal Bond Credit Report: The COVID-19 pandemic will not delay the phaseout of Libor at the end of 2021, participants in a seminar sponsored by the Government Finance Officers Association…
Municipal Bond Credit Report: Easing Unemployment Claims Show Slower Pace of Coronavirus-Related Layoffs
Municipal Bond Credit Report: The number of workers receiving unemployment benefits fell for the first time since February and new weekly claims continued to ease, offering evidence that layoffs related…
Municipal Bond Credit Report: Federal Reserve Ramps Up Deliberations on Asset Purchases, Rate Guidance
Municipal Bond Credit Report: Federal Reserve officials head into their next policy meeting deliberating how to assist an economy in a deeper hole than it faced after the 2008 financial…
Municipal Bond Credit Report: Consumer Spending Fell a Record 13.6% in April
Municipal Bond Credit Report: U.S. consumer spending fell by a record 13.6% in April during coronavirus lockdowns, but there are signs that purchasing is starting to pick up… Link to…
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…
