Author: Geoff Weitzel
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Municipal Bond Credit Report: North Carolina pension plan hits record $114.9 billion valuation
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: North Carolina’s pension plan was valued at a record $114.9 billion at the end of 2020… Link to Story
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Municipal Bond Credit Report: U.S. Unemployment Claims Rise as Coronavirus Weighs on Economy
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The number of workers filing for jobless benefits posted its biggest weekly gain since the pandemic hit last March and the head of the Federal Reserve warned the job market had a long way to go before it is strong again… Link to Story
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Municipal Bond Credit Report: U.S. Retail Sales Fell 0.7% in December as Covid-19 Cases Rose
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. consumers cut back on retail spending at the height of the holiday season as the country confronted a surge in coronavirus infections… Link to Story
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Municipal Bond Credit Report: Industrial Production in U.S. Rose a Solid 1.6% in December
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. industrial production increased solidly in December, providing a source of strength for the U.S. economy as consumer spending and employment gains slow… Link to Story
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Municipal Bond Credit Report: South Carolina bond program aids municipalities coping with coronavirus
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The South Carolina Jobs-Economic Development Authority has wrapped up the first round of funding for a bond liquidity program to aid local governments impacted by the COVID-19 pandemic… Link to Story
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Municipal Bond Credit Report: It’s Chapter 22, and more restructuring, for a Chicago-area senior home
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A suburban Chicago senior living retirement facility is back in bankruptcy court where it wants to restructure debt it issued to exit its previous Chapter 11 five years ago… Link to Story
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Municipal Bond Credit Report: U.S. Unemployment Claims Nearly Steady as Extra $300 Payments Start
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: New applications for unemployment aid held nearly steady during the week of New Year’s, as an extra $300 in weekly payments kicked in from the coronavirus aid package signed into law last month… Link to Story
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Municipal Bond Credit Report: Texas tops population growth as U.S. demographics shift
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Amid a slowing growth rate for the nation, Texas will rank first in population gains when the belated 2020 Census results are revealed, according to the latest estimates… Link to Story
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Municipal Bond Credit Report: No COVID-19 aid may force Port Authority capital program cuts
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Port Authority of New York and New Jersey may face further cuts to its capital program after receiving no relief in the second round of federal coronavirus funding… Link to Story
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Municipal Bond Credit Report: How New York City can fix itself
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Parallel to discussions over COVID-19 federal rescue aid to New York City has been what the city can do for itself, both short- and long-term… Link to Story