Tag: Municipal Bond Credit Report
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Municipal Bond Credit Report: Airports face fallout from Boeing’s manufacturing woes
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A production slowdown at aircraft maker Boeing after problems emerged in its 737 Max line is starting to impact airports, with Southwest Airlines recently announcing it is ending operations at three U.S. locations and cutting service in others… Link to Story
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Municipal Bond Credit Report: GDPNow Latest estimate: 3.3 percent — May 02, 2024
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2024 is 3.3 percent on May 2, unchanged from May 1 after rounding… Link to Story
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Municipal Bond Credit Report: Slower Hiring Boosts Hopes of a Late-Summer Rate Cut
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Job growth slowed and unemployment ticked higher last month, marking a break from a string of data showing surprising strength in the labor market… Link to Story
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Municipal Bond Credit Report: California Supreme Court to revisit pension reform issues
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The California Supreme Court has granted review of a case challenging retirement reforms state lawmakers approved 11 years ago, marking a return of pension spiking questions to the high court for the first time since a 2020 ruling on an Alameda County case… Link to Story
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Municipal Bond Credit Report: GDPNow Latest estimate: 3.9 percent — April 26, 2024
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The initial GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2024 is 3.9 percent on April 26. The initial estimate of first-quarter real GDP growth released by the US Bureau of Economic Analysis on April 25 was 1.6 percent, 1.1 percentage points below…
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Municipal Bond Credit Report: Another small Vermont college, facing insolvency, will close
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Goddard College in Vermont became the latest small liberal arts school to close, joining a wave of institutions that have made such announcements in recent months… Link to Story
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Municipal Bond Credit Report: S&P affirms Texas charter schools’ rating in wake of conservatorship
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: S&P Global Ratings affirmed its A-minus underlying rating and negative outlook for Texas-based IDEA Public Schools, while warning of potential governance risk associated with the state’s appointment of conservators that could lead to a downgrade… Link to Story
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Municipal Bond Credit Report: Unsecured creditors resolve dispute with Preston Hollow in Iowa hospital bankruptcy
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The bankruptcy of Iowa City’s Mercy Hospital is closer to an end with the resolution last week of a dispute between the committee of unsecured creditors, which had filed a complaint on March 25, and trustee Computershare Trust and bondholder representative Preston Hollow Community Capital. .. Link to Story
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Municipal Bond Credit Report: Legislation in Kentucky would let school districts issue their own GOs
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: In a move to help local schools across Kentucky deal with rising inflation and soaring building costs, the Legislature has passed a bill to let the districts directly issue general obligation bonds… Link to Story
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Municipal Bond Credit Report: Pennsylvania’s new school grant programs to address genuine ‘crisis’ in infrastructure
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Asbestos. Lead. Temperatures that reach 115 degrees. Cracks in the ceiling so big you can see the sky. All of these have been found in Pennsylvania’s public schools… Link to Story