Kyle Glazier

Moody's Investors Service has put 11 triple-A rated municipal credits, including one state, one major city and two state housing authority programs, on negative watch following a new analysis of issuers with indirect links to the federal government.

Several individuals have emerged as candidates to replace Transportation Secretary Ray LaHood when he steps down, but that person will need to be very proactive to affect meaningful policy, lobbyists say.

New orders for manufactured goods rose 1.8% in December, the Commerce Department reported Monday.

Prince George's County, Md. will sell more than $300 million of highly-rated tax-exempt debt Tuesday, as the county seeks to benefit from low interest rates with both new money and refunding bonds.

District of Columbia Chief Financial Officer Natwar Gandhi will retire on June 1, he announced Friday.

Construction spending rose 0.9% to a seasonally adjusted estimated annual rate of $884.9 billion in December, the Commerce Department reported Friday.

Personal income rose $352.4 billion or 2.6% in December following a revised 1% increase in November, while personal spending climbed $22.6 billion or 0.2%, the Commerce Department reported Thursday.

The Fed will continue open-ended programs to purchase longer-term treasuries at a rate of $45 billion per month and mortgage-backed securities at a $40 billion per month clip, the Federal Open Market Committee said in a statement released Wednesday following the FOMC's two-day meeting.

District of Columbia Chief Financial Officer Natwar Gandhi and Mayor Vincent Gray announced a $417 million 2012 surplus this week, bringing the city's fund balance to its highest in five years.

Real gross domestic product decreased at an annual rate of 0.1% in the fourth quarter of 2012, according to the advance estimate released by the Commerce Department Wednesday.

U.S. airports have $71.3 billion in capital needs through 2017, a major airport interest group said Tuesday, a funding goal that they are not on track to meet.

Public-private partnerships are "toxic" to a lot of people and the mere mention of them can hinder projects, California Treasurer Bill Lockyer said Tuesday. Lockyer said, "Avoid talking about public-private partnerships. They are toxic with a lot of people."

A bill pending in the Maryland Senate would require the state transportation authority to begin exploring the possibility of a bond-financed bridge across the Chesapeake Bay.

WASHINGTON -- Sales of new single-family houses fell 7.3% to a seasonally adjusted annual rate of 369,000 in December, the Commerce Department reported Friday.

A plan released by the Washington Metropolitan Area Transit Authority details $6 billion of investment the nation's second-busiest subway system needs to make over the next 12 years, and stresses the need for new revenue to support it.

Virginia Gov. Bob McDonnell announced on Tuesday that he will recommend over $2 billion of funding for hundreds of transportation projects statewide, new money projected to come from his controversial overhaul of the commonwealth's gas and sales taxes.

Existing home sales dropped 1% to a seasonally adjusted 4.94 million-unit rate in December, following a revised 4.99 million rate in November, the National Association of Realtors announced Tuesday.

U.S. Transportation Secretary Ray LaHood told municipal leaders meeting in Washington Friday that he would help protect the tax-exempt status of municipal bonds.

Rep. Frank Wolf, R-Va., has reintroduced two bills aimed at giving Virginia control of the Metropolitan Washington Airports Authority and strengthening government oversight of the scandal-wracked issuer.

The executive director of AASHTO, John Horsley, is going out with a bang, spending the final weeks before his planned retirement pushing Congress to make authorize $50 billion of tax-credit bonds and to change fuel tax policy.