Tag: Municipal Bond Credit
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Municipal Bond Credit Report: U.S. Home-Price Growth Rose to Record in May
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Home-price growth climbed to a new record in May, as low mortgage interest rates continued to drive robust homebuying demand… Link to Story
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Municipal Bond Credit Report: The U.S. Economy’s Prospects Looked Bright, Until the Delta Variant Surged
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The U.S. economy grew rapidly in the second quarter and exceeded its pre-pandemic size, but the outlook has suddenly turned cloudier due to the fast-spreading Delta coronavirus variant… Link to Story
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Municipal Bond Credit Report: Jobless Claims Resumed Decline Last Week
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Workers’ filings for new unemployment benefits resumed their decline last week and remain near a pandemic low as the labor market continues to recover from the pandemic, economists say… Link to Story
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Municipal Bond Credit Report: Lower debt payments aside, questions surround Pennsylvania Turnpike
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Pennsylvania Turnpike Commission later this month will make its final $450 million payment to the commonwealth under a 2007 arrangement that went sideways and left the agency immersed in debt… Link to Story
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Municipal Bond Credit Report: U.S. Unemployment Benefit Rolls Shrink as States Exit Pandemic Programs
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The number of Americans receiving jobless payments fell this month to the lowest level since early in the coronavirus pandemic, but first-time applications rose as supply constraints persist in the auto industry… Link to Story
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Municipal Bond Credit Report: Fed Ramps Up Debate Over Taper Timing, Pace
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Federal Reserve officials are set to accelerate deliberations at their meeting next week over how to scale back their easy-money policies amid a stronger U.S. economic recovery than they anticipated six months ago… Link to Story
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Municipal Bond Credit Report: Global Recovery Accelerates, but Delta Variant Clouds Outlook
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Parts of the global economy are expected to surge over the coming months and start to catch up with the U.S. and China, though the Delta variant of Covid-19 looms as a potential headwind, according to surveys of purchasing managers… Link to Story
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Municipal Bond Credit Report: How Inflation Threatens the Recovery
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: There are two kinds of inflation. One results from demand growing faster than the economy’s productive capacity, causing the economy to overheat. Call that good inflation, because it is usually linked to a stronger economy. By contrast, bad inflation results from constricted supply which curtails output, driving up prices and eroding…
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Municipal Bond Credit Report: Higher June Retail Sales Bolsters U.S. Recovery
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Americans stepped up retail spending in June, offering a boost to the economic recovery as it faces concerns about accelerating inflation… Link to Story
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Municipal Bond Credit Report: Florida sees biggest jobs gain of year as unemployment rate rises
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Florida has seen 14 straight months of job growth, gaining 69,300 private sector jobs in June, the state’s Department of Economic Opportunity said Friday… Link to Story