Municipal Bond Credit Report: Market Rout Sends State and City Pension Funds to Worst Year Since 2009
Municipal Bond Credit Report: Public pension plans lost a median 7.9% in the year ended June 30, according to Wilshire Trust Universe Comparison Service data to be released Tuesday, their…
Municipal Bond Credit Report: Moody’s lifts Minnesota’s rating to Aaa
Municipal Bond Credit Report: Minnesota has a trio of triple-A general obligation ratings after Moody’s Investors Service upgraded the state to Aaa from Aa1 on Thursday… Link to Story
Municipal Bond Credit Report: Court gives Harvey, Illinois, more time to launch bond exchange
Municipal Bond Credit Report: Harvey, Illinois, officials are working to overcome remaining hurdles to conduct a bond exchange offer that would remove its general obligation debt from default status and…
Municipal Bond Credit Report: Jobs Report to Keep Fed on Aggressive Tightening Path
Municipal Bond Credit Report: The July jobs report defied expectations of an economic slowdown and will make it harder for the Federal Reserve to dial back the pace of rate…
Municipal Bond Credit Report: July Jobs Report: U.S. Added 528,000 New Jobs as Unemployment Rate Fell to 3.5%
Municipal Bond Credit Report: The U.S. economy has now recouped the 22 million jobs lost early in the pandemic, adding 528,000 positions in July as employers clamored for workers despite…
Municipal Bond Credit Report: State bond official shares how Florida may address Disney’s Reedy Creek situation
Municipal Bond Credit Report: J. Ben Watkins III, the director of Florida’s division of bond finance, said the state likely will create a district similar to Reedy Creek minus some…
Municipal Bond Credit Report: Florida’s jobless rate falls to 2.8% as its economic recovery continues
Municipal Bond Credit Report: Florida’s unemployment rate dropped to 2.8% in June as the state’s labor force continued to grow, according to the state Department of Economic Opportunity… Link to…
Municipal Bond Credit Report: Cleveland heads into the market on upgrade tailwinds
Municipal Bond Credit Report: Cleveland heads into the market this week with an upgrade helped along by its decision to tap surpluses to bolster reserve levels… Link to Story
Municipal Bond Credit Report: GDPNow Latest estimate: -1.2 percent — July 27, 2022
Municipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2022 is -1.2 percent on July 27… Link to…
Municipal Bond Credit Report: Rural Michigan hospital gets state lifeline as it awaits federal designation change
Municipal Bond Credit Report: Michigan’s new budget package provides an $11 million lifeline that will stave off the looming closure of Sturgis Hospital as it works on a long-term fix…
