Kyle Glazier

Rep. Mike Coffman, R- Colo., has introduced legislation that would allow governmental and 501(c)(3) nonprofit bonds to be refunded a second time so that issuers and borrowers could save money by taking advantage of low interest rates.

The U.S. international trade deficit was $44.2 billion in August, a 4.1% increase from the revised $42.5 billion deficit in July, originally reported as $42 billion, the Commerce Department reported Thursday

Most of the twelve Federal Reserve districts reported continued modest economic growth in August and September, with healthy tourism and improved residential real estate conditions somewhat offset by mixed reports on consumer spending and manufacturing, according to the Beige Book, released by the Federal Reserve Wednesday.

Sales of merchant wholesalers climbed 0.9% to $405.4 billion in August after falling a revised 0.2% in July, originally reported as a 0.1% decline, the Commerce Department reported Wednesday.

Transportation and infrastructure policy has taken a back seat throughout the presidential campaign so far, a fact that industry insiders think is an intentional dodge of the daunting challenge of funding new investment.

Consumer credit jumped $18.1 billion, or 8%, in August to $2.725.6 trillion, the Federal Reserve reported Friday.

With the economy continuing to grow at a slow pace, the Federal Open Market Committee's new quantitative easing program won approval despite skepticism about whether it would be as effective as previous rounds of accommodation, according to the minutes of the committee's Sept. 12-13 meeting, released Thursday.

New orders for manufactured goods fell $24.9 billion or 5.2% to $452.8 billion in August, the Commerce Department reported Thursday.

Fluctuating fuel prices and a reluctance to raise on customers in a down economy could put pressure on public utilities credits in the near future, analysts from the three major credit agencies warn.

The U.S. Court of Appeals for the Federal Circuit heard oral arguments Tuesday in the case of Corr V. Metropolitan Washington Airports Authority, a lawsuit that strikes at MWAA's primary mechanism of repaying more than $2 billion of bond debt.

The Maryland Capital Debt Affordability Committee approved Gov. Martin O'Malley's request for $150 million more bond authority despite the criticism of Comptroller Peter Franchot.

WASHINGTON - Construction spending fell 0.6% to a seasonally adjusted estimated annual rate of $837.1 billion in August, the sharpest decline since a 3% plummet in July 2011, the Commerce Department reported Monday.

The District of Columbia will sell $700 million of general obligation notes Oct. 11, part of a flurry of borrowing activity to close the calendar year.

Personal income rose $15 billion or 0.1% in August, while consumption grew 0.5%, the Commerce Department reported Friday.

The investment holdings of the 100 largest state and local public pension systems fell 1.5% from $2.76 trillion to $2.72 trillion in the second quarter of 2012, according to a U.S. Census Bureau survey released Thursday.

New orders for manufactured durable goods plummeted $30.1 billion or 13.2% to $198.5 billion in August, the Commerce Department reported Thursday.

Real gross domestic product increased at an annual rate of 1.3% in the second quarter of 2012, according to the final estimate released by the Commerce Department Thursday.

Moody's Investors Service may downgrade $10 billion of Garvee bonds, the ratings agency announced Tuesday, because of the increasing uncertainty of the federal revenue stream that backs them.

WASHINGTON - Sales of new single-family houses dipped 0.3% to a seasonally adjusted annual rate of 373,000 in August, the Commerce Department reported Wednesday.

An audit of the U.S. Department of Transportation's popular Transportation Investment Generating Economic Recovery grant program released revealed an inadequate framework for ensuring projects meet their goals, though the DOT said it has already taken steps to meet some of the IG's recommendations.