Kyle Glazier

Consumer credit rose $11.6 billion, or 5.0%, in September to $2.737.2 trillion, the Federal Reserve reported Wednesday.

State transportation agencies are working together to develop strategies aimed at making investment in infrastructure more palatable to the public, as official fears of a rising investment gap meet public concerns about long-term debt.

Virginia Gov. Bob McDonnell blasted the Metropolitan Washington Airports Authority after a new U.S. Department of Transportation report found numerous flaws in its policies and procedures.

Though they can often deliver infrastructure projects faster and at lower cost than traditional procurement, P3s are not a silver bullet and not always the right way to go, according to a new white paper released by the National Council for Public-Private Partnerships.

Several Virginia municipalities have retained legal counsel to fight Gov. Bob McDonnell's plan to toll Interstate 95, which commonwealth officials have said could help close a $10 billion funding gap over the next 25 years.

House Appropriations Chair Hal Rogers asked Treasury Secretary Tim Geithner to help eliminate rules requiring municipalities to defease outstanding bonds when selling or leasing their water systems to a private company.

Real gross domestic product increased at an annual rate of 2% in the third quarter of 2012, according to the advance estimate released by the Commerce Department Friday.

Although state tax collections grew for a tenth consecutive quarter, they are still below 2008 levels and may weaken in the near future, according to the most recent analysis from the Rockefeller Institute of Government.

New orders for manufactured durable goods rose $19.6 billion or 9.9% to $218.2 billion in September, the Commerce Department reported Thursday.

Spaceports are popping up all over the U.S., as both existing airports and brand new facilities position themselves to profit from a new age of commercial space travel and transport, but the industry is still in its infancy.

The Fed decided to continue previously announced programs aimed at fostering a stronger economic recovery, the Federal Open Market Committee said in a statement released Wednesday following the FOMC's two-day meeting.

Sales of new single-family houses climbed 5.7% to a seasonally adjusted annual rate of 389,000 in September, the Commerce Department reported Wednesday.

The District of Columbia's Chief Financial Officer will hand over nearly three years of internal audits and add a disclosure to the district's most recent debt issuance after a request from the Securities and Exchange Commission.

Airports will continue to remain at risk for credit downgrades until passenger enplanements reach consistent growth of 3%, far above the flat-to-negative trajectory Moody's Investors Service expects.

Existing home sales fell 1.7% in September to a seasonally adjusted 4.75 million-unit rate, following a revised 4.83 million rate in August, the National Association of Realtors announced Friday.

WASHINGTON — Mileage-based systems could yield revenues between three and eight times higher than the gas taxes currently used to maintain the public road system and back bonds, the Congressional Budget Office found.

Spanish infrastructure investment giant Cintra will be the private partner on a more than $1 billion public-private partnership to develop the Route 460 Corridor project in southeastern Virginia, sources said.

Housing starts soared 15% to a seasonally adjusted annual rate of 872,000 in September from a revised estimate of 758,000 in August, originally reported as 750,000, the Commerce Department reported Wednesday.

Industrial production climbed 0.4% in September, while capacity use ticked up to 78.3%, the Federal Reserve reported Tuesday.

The District of Columbia will sell $900 million of income tax-secured bonds in November, the biggest amongst a rash of deals closing the calendar year.