Author: Geoff Weitzel
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Municipal Bond Credit Report: Texas universities get $3.3B of state-backed revenue bonds for buildings
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Public colleges and universities will have $3.3 billion of bond authority for construction if Gov. Greg Abbott signs a bill passed in the third special session of the Texas legislature… Link to Story
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Municipal Bond Credit Report: Southern California water agencies make a sharing agreement amid drought
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Los Angeles Department of Water and Power has agreed to give a portion of the water it gets from the State Water Project to the region’s water wholesaler to help smaller water districts that are facing greater challenges amid a severe drought… Link to Story
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Municipal Bond Credit Report: Supply-Chain Crisis Fuels Latest Retreat From Globalization
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Nothing embodied the promise of globalization more than the humble supply chain. Thanks to the integration of production across and within borders, consumers have come to expect infinite variety, instantly available… Link to Story
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Municipal Bond Credit Report: Auto Supply-Chain Constraints Weighed on September’s Industrial Production
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Industrial production in the U.S. declined in September as supply-chain disruptions in the auto industry and lingering effects of Hurricane Ida weighed on manufacturing and mining output during the month… Link to Story
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Municipal Bond Credit Report: Tight Labor Market, Supply Constraints Point to Persistent Inflation
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Companies are holding on tightly to employees at the same time few other workers are available and prices are rising in wholesale markets facing supply constraints, both factors contributing to higher inflation… Link to Story
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Municipal Bond Credit Report: Inflation Sets Off Alarms Around the World
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Rising inflation is triggering anxiety around the world as a surge in demand following the easing of Covid-19 lockdowns has been confronted by supply bottlenecks and rising prices of energy and raw materials… Link to Story
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Municipal Bond Credit Report: Retail Sales Rise, Showing Resilient U.S. Consumers
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: American consumers stepped up their spending in September, a sign of resilient demand and rising inflation… Link to Story
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Municipal Bond Credit Report: Better Housing Foundation bondholders eye lawsuits after defaults, bankruptcies
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Investor efforts to recoup losses in five Chicago-area affordable housing bond deals are moving to civil courts as bankruptcy cases involving $170 million of municipal debt draw to a close… Link to Story
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Municipal Bond Credit Report: Jobs Report Keeps Fed Taper on Track for November
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Despite Friday’s disappointing September jobs report, Federal Reserve officials have signaled in recent weeks the gains are likely to satisfy the thresholds they have laid out to start reducing their bond buying at their policy meeting next month… Link to Story
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Municipal Bond Credit Report: U.S. Job Growth Falls to Slowest Pace of Year
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. job growth fell to the slowest pace of the year in September, a sign the Delta variant of the coronavirus and a persistent shortage of workers weighed on the economic recovery… Link to Story