Kyle Glazier is the Washington Bureau Chief of The Bond Buyer. He has previously covered securities law, the Far West, and markets. He has previously written for the Houston Chronicle, Albany Times-Union, and The Denver Post. He holds a bachelor’s degree in English from Arizona State University and a master’s degree in journalism from the University of Colorado.
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WASHINGTON - The U.S. current account deficit fell to $117.4 billion in the second quarter of 2012, the Commerce Department reported Tuesday.
By Kyle GlazierSeptember 18 -
Transportation advocates are upset about the sequestration cuts. Although most dedicated funding sources for transportation infrastructure were protected from the mandatory spending reductions, highways and airports could both take a hit if Congress doesn't act.
By Kyle GlazierSeptember 17 -
WASHINGTON - The Empire State Manufacturing Survey showed that manufacturing in New York State “continued to weaken”, the Federal Reserve Bank of New York reported Monday as the general business conditions index dropped to negative 10.41 in September from negative 5.85 in August.
By Kyle GlazierSeptember 17 -
Business inventories advanced 0.8% to $1,592.0 billion in July, while sales jumped 0.9% to $1,240.6 billion, the Commerce Department reported Friday.
By Kyle GlazierSeptember 14 -
Retail sales jumped 0.9% to $406.7 billion in August after climbing a revised 0.6% in July, the Commerce Department reported Friday.
By Kyle GlazierSeptember 14 -
Most of the Federal Open Market Committee participants now view 2015 as the most appropriate time for tightening, with 12 of 19 members choosing that year as the right time for policy firming in the Fed's latest summary of economic projections released Thursday.
By Kyle GlazierSeptember 13 -
The federal government ran a $190.5 billion budget deficit in August after posting an unrevised $69.6 billion deficit the previous month, the Treasury Department reported Thursday.
By Kyle GlazierSeptember 13 -
The Fed will buy $40 billion per month of mortgage-backed securities and extended the time frame for keeping the federal funds rate at exceptionally low rates to at least mid-2015, the Federal Open Market Committee said in a statement released Thursday following the FOMC's two-day meeting.
By Kyle GlazierSeptember 13 -
Fitch Ratings announced Wednesday that uncertainties in federal transportation funding led to downgrades of GARVEES. The agency also warned against further weakening possible along the current trajectory.
By Kyle GlazierSeptember 12 -
Sales of merchant wholesalers dipped 0.1% to $402.4 billion in July after falling an unrevised 1.4% in June, while inventories were up 0.7% to $485.2 billion, the Commerce Department reported Wednesday.
By Kyle GlazierSeptember 12 -
A new report from Loop Capital Markets concludes that airports that rely heavily on cargo shipping have been less resilient during the recession and subsequent recovery than more passenger-oriented facilities.
By Kyle GlazierSeptember 11 -
House Appropriations Chairman Hal Rogers, R-Ky., has introduced legislation that would prevent a government shutdown after Sept. 30. The continuing resolution, known as a CR, would continue funding at the current rate for federal agencies, programs and services.
By Kyle GlazierSeptember 11 -
The U.S. international trade deficit was $42 billion in July, a 0.2% increase from the revised $41.9 billion deficit in June, originally reported as $42.9 billion, the Commerce Department reported Tuesday.
By Kyle GlazierSeptember 11 -
Airports Council International-North America released a manifesto Monday, calling for the U.S. government to eliminate the alternative minimum tax on private activity bonds and provide airports with reliable funding mechanisms.
By Kyle GlazierSeptember 10 -
Rep. Bill Shuster looks like the most likely candidate to follow in his father's footsteps as the next Chair of the House Committee on Transportation and Infrastructure, but several dark horse candidates are also in the mix, transportation lobbyists say.
By Kyle GlazierSeptember 10 -
A public-private partnership to develop a $400 million light rail line in San Juan, P.R. might utilize parking revenue, fares, and other sources to finance the project, according to city officials.
By Kyle GlazierSeptember 6 -
Firms from four countries as well as the U.S. expressed interest in participating in a public-private partnership to construct a street car system in the District of Columbia.
By Kyle GlazierSeptember 5 -
Construction spending fell 0.9% to a seasonally adjusted estimated annual rate of $834.4 billion in July, the largest decrease in a year, the Commerce Department reported Tuesday.
By Kyle GlazierSeptember 4 -
WASHINGTON - New orders for manufactured goods rose $12.9 billion or 2.8% to $478.6 billion in July, the Commerce Department reported Friday.
By Kyle GlazierAugust 31 -
Tax-increment financing is an increasingly popular model for cities looking to finance mass transit development, but participants in such projects said Thursday that economic conditions have created several significant challenges for TIF undertakings.
By Kyle GlazierAugust 30