“Manufacturing activity in the central Atlantic region stabilized in November, following a pullback in October,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond and released yesterday. The manufacturing index rebounded to zero in November from negative 5 in October. Shipments reversed to positive 1 from negative 5, the Fed reported. Volume of new orders improved to negative 1 from negative 8, while the backlog of orders index decreased to negative 20 from negative 17.As for future outlook, six months from now, the shipments index was 34, off from the 36 posted last month, while the volume of new orders index slipped to 29 from 35, and backlog of orders fell to 6 from 16.
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The California Supreme Court will hear a case challenging the state's 2013 pension changes, after seemingly settling the issue with a 2020 ruling.
9h ago -
The "impressive" investor appetite for tax-exempts has been "holding steady all quarter despite expensive valuations, supply surges and periods of low reinvestment demand," said GW&K Investment Management strategists in a report.
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As space becomes an increasingly important frontier for development and competition, spaceports should enjoy the same financial benefits as airports and seaports, say supporters of the federal legislation.
April 24 -
The governor should have involved the legislature earlier in decision making on how to give the Water and Power Authority money to make a bond payment, lawmakers said.
April 24 -
A Utah law may be tapped to issue bonds to renovate a downtown Salt Lake City basketball arena to accommodate the former Arizona Coyotes.
April 24 -
Along with UBS' departure from the negotiated underwriting space, various firms have hired talent from both firms to increase their primary and secondary market presence. Many hope for some positive effects in both competition and secondary market liquidity as a result.
April 24