Tag: Municipal Bond Credit
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Municipal Bond Credit Report: U.S., Global Economy See Pickup as Services Revive and Factories Ramp Up
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The U.S. and global economies are showing signs of stronger growth as factories continued to boom and service businesses began to see the benefits of vaccination programs… Link to Story
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Municipal Bond Credit Report: ‘A Failure of Texas-Size Proportions’—State Debates How to Overhaul Its Power Market
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Two months after blackouts paralyzed Texas, most of the people who participate in the state’s 19-year-old electricity market, including producers, sellers and traders, share a similar view. The freeze wasn’t a one-off event. The state’s power market needs to change… Link to Story
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Municipal Bond Credit Report: Economic Growth Is Set to Surge. Hiring Might Not Keep Up.
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. employers might have trouble hiring workers fast enough in coming months to keep up with the projected burst of economic growth… Link to Story
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Municipal Bond Credit Report: Indiana boosts three-year revenue forecast by $2B-plus
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Indiana expects about a $2.4 billion bounce in revenue through 2023, joining the parade of states with healthier-than-expected revenue projections, which along with new COVID-19 pandemic-related federal relief is fueling debate on spending priorities… Link to Story
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Municipal Bond Credit Report: NTTA regains stable S&P outlook as revenues show recovery
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Rebounding from a dramatic drop in revenue during the pandemic, the North Texas Tollway Authority has regained a stable outlook on its A-plus rating from S&P Global Ratings ahead of an $852 million bond refunding… Link to Story
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Municipal Bond Credit Report: Oregon, California are prioritizing wildfire prevention and recovery bills
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: California and Oregon lawmakers are considering significant wildfire prevention and relief packages after both states experienced devastating wildfire seasons last year… Link to Story
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Municipal Bond Credit Report: Federal cash infusion won’t erase Illinois’ chronic fiscal strains
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Illinois’ chronic structural budget and pension strains will persist long after it spends down $7.5 billion of new federal relief so lawmakers should avoid digging the hole any deeper… Link to Story
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Municipal Bond Credit Report: Jobless Claims Fell to a New Pandemic Low Last Week
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Unemployment claims declined to the lowest level since the coronavirus pandemic struck last spring, adding to signs the U.S. economic revival is picking up speed… Link to Story
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Municipal Bond Credit Report: U.S. Retail Sales Surged in March on Stimulus, Vaccines
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. shoppers boosted retail spending by nearly 10% in March as federal-stimulus funds made their way to households, warmer weather set in and the economy reopened more fully from pandemic-related restrictions… Link to Story
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Municipal Bond Credit Report: States Were Told They Can’t Use U.S. Covid-19 Aid to Cut Taxes. They Sued.
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: A last-minute provision added to the $1.9 trillion coronavirus relief package last month is leading to a showdown between states and the Treasury Department over the limits of the federal government’s fiscal authority… Link to Story