Municipal Bond Credit Report: Revenues weakened, but states remain resilient
Municipal Bond Credit Report: Although the mix of ultra conservative budgeting, the unexpected revenue growth and federal funding states received at the height of the pandemic are in the rear-view…
Municipal Bond Credit Report: America’s Fiscal Time Bomb Ticks Even Louder
Municipal Bond Credit Report: “Everybody who reads the newspaper knows that the United States has a very serious long-term fiscal problem.”… Link to Story
Municipal Bond Credit Report: Southwest states cope with volatile oil, gas tax revenue
Municipal Bond Credit Report: Abundant oil and natural gas-related taxes continue to flow into the coffers of Southwest states, which are positioned to weather volatile energy prices amid slower growth…
Municipal Bond Credit Report: Kentucky’s big budget surplus sends rainy-day fund to record high
Municipal Bond Credit Report: Kentucky’s economy remains in overdrive as it continues to rack up record after record. This month the state saw the largest surplus in its history as…
Municipal Bond Credit Report: Federal Reserve Raises Interest Rates to 22-Year High
Municipal Bond Credit Report: The Federal Reserve resumed lifting interest rates Wednesday with a quarter-percentage-point increase that will bring them to a 22-year high… Link to Story
Municipal Bond Credit Report: U.S. Economic Growth Accelerates, Defying Slowdown Expectations
Municipal Bond Credit Report: The U.S. economy picked up last quarter and remained well clear of a recession despite the Federal Reserve pushing interest rates higher… Link to Story
Municipal Bond Credit Report: Latest estimate: 2.4 percent — July 26, 2023
Municipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2023 is 2.4 percent on July 26, unchanged from…
Municipal Bond Credit Report: Settlement reached on bankrupt Texas senior living community’s bonds
Municipal Bond Credit Report: Owners of some defaulted revenue bonds issued in 2018 for a senior living community in Plano, Texas, reached a binding settlement with the project’s bankrupt owner…
Municipal Bond Credit Report: Milwaukee wins new sales tax for pensions, public safety
Municipal Bond Credit Report: Milwaukee Mayor Cavalier Johnson Friday signed into law a 2% municipal sales tax rate, marking the end of a long-fought battle to shore up the city’s…
Municipal Bond Credit Report: Harvey, Illinois, launches GO exchange offer on defaulted debt
Municipal Bond Credit Report: Harvey, Illinois, is targeting an August settlement date in its long-planned tender exchange offer on its defaulted general obligation bonds… Link to Story
