| Day | Indicator | Last Report | Forecast |
|---|---|---|---|
| Tue | Construct Spending | June: -0.4% | July: -0.3% |
| Tue | ISM Index | July: 50.0 | Aug: 49.9 |
| Wed | Factory Orders | June: +1.1% | July: +0.8% |
| Wed | Fact Ords ex Tran | June: +1.7% | July: +1.5% |
| Thu | Initial Claims | 8/23: 425,000 | 8/30: 420,000 |
| Thu | Cont. Claims | 8/16: 3.423M | 8/23: 3.425M |
| Thu | Prodctvty (final) | (P)Q2: +2.2% | (F)Q2: +3.3% |
| Thu | ULC (final) | (P)Q2: +1.3% | (F)Q2: -0.3% |
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.
