| Indicator | Last Report | Forecast | Actual |
|---|---|---|---|
| PPI | May: +1.4% | June: +1.4% | June: +1.8% |
| PPI Core | May: +0.2% | June: +0.3% | June: +0.2% |
| Empire St. Mfg | June: -8.93 | July: -7.00 | July: -4.92 |
| Business Invent. | April: +0.5% | May: +0.5% | May: +0.3% |
| Business Sales | April: +1.5% | May: +1.1% | May: +0.8% |
| Retail Sales | May: +0.8% | June: +0.5% | June: +0.1% |
| Retail Sales ex Autos | May: +1.2% | June: +1.0% | June: +0.8% |
Inflows returned to muni mutual funds as investors added $200.3 million for the week ending Wednesday after $1.474 billion of outflows, according to LSEG Lipper.
Democratic Gov. Laura Kelly nixed another tax cut bill passed by the Republican-led legislature this year, while pushing a less-costly plan.
It's a big week for the Fortress-backed train company, which refinanced more than $4 billion of debt and broke ground on its West Coast high-speed line.
Photos from The Bond Buyer's Texas Public Finance conference.
The Mayo Clinic is undertaking a $5 billion expansion that may bring new debt as it reconstructs its core Rochester, Minnesota campus.
"Just like the ATM became an additional transaction channel in the banking industry, I believe distributed ledger technology will provide municipal issuers with a similarly valued tool to sell their bonds," said Rick Coscia, Quincy's Strategic Asset Manager.
