Naomi Jagoda

Two House members have announced that they are developing a bipartisan congressional caucus focused on infrastructure and the growing use of public-private partnerships.

Consumer credit increased by $13.8 billion, or 5.9%, in June to $2.848 trillion, the Federal Reserve reported Wednesday.

A senior democrat on the U.S. House of Representatives Transportation and Infrastructure Committee has introduced a bill that would reauthorize a popular federal transportation grant program and set aside a portion of the program's funds for small and medium sized cities.

Maryland intends to develop a 16-mile light rail project in the Washington D.C. suburbs through a public-private partnership, the largest P3 in the state and the first for a transit project, government leaders announced Monday.

For the first time in 10 years, Dover, Del., plans to come to market with a competitive sale of water and sewer revenue bonds.

New orders for manufactured goods rose 1.5% in June, the Commerce Department reported Friday.

Personal income rose $45.4 billion or 0.3% in June following a revised 0.4% increase in May, the Commerce Department reported Friday.

Moody's Investors Service has revised its outlook for the District of Columbia's approximately $2.2 billion of outstanding general obligation bonds to stable from negative, and the ratings agency affirmed the bonds' Aa2 rating.

Construction spending fell 0.6% to a seasonally adjusted estimated annual rate of $883.9 billion in June, the Commerce Department reported Thursday.

A transportation and housing appropriations bill was pulled from consideration on the House of Representatives floor Wednesday.

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, the Federal Open Market Committee said in a statement released Wednesday following the FOMC's two-day meeting.

President Obama described a pro-growth tax reform and jobs package during a speech in Chattanooga, Tenn., on Tuesday, but many of the municipal bond-related measures proposed were ones he unveiled earlier.

Real gross domestic product increased at an annual rate of 1.7% in the second quarter of 2013, according to the advance estimate released by the Commerce Department Wednesday.

WASHINGTON — Downgrades made up 83% of Moody's Investors Service public finance ratings changes in the second quarter of this year, the ratings agency said.

Downgrades made up 83% of Moody's Investors Service public finance ratings changes in the second quarter of this year, the ratings agency said.

Three leaders of Senate committees that oversee transportation are calling for colleagues to work together to address the Highway Trust Fund shortfall that is expected to occur after the current funding law expires on Sept. 30, 2014.

New orders for manufactured durable goods rose $9.9 billion or 4.2% to $244.5 billion in June, the Commerce Department reported Thursday.

U.S. Transportation Secretary Anthony Foxx said his office is trying to make sure that money authorized for the Transportation Infrastructure Finance and Innovation Act program is being quickly loaned out for projects, though experts said the process could be improved.

To keep the Highway Trust Fund solvent in 2015, Congress would need to eliminate highway and mass transit spending from the fund, raise taxes on motor fuels by about 10 cents/gallon or transfer about $15 billion from the general fund, a Congressional Budget Office official told lawmakers Tuesday.

WASHINGTON — Rep. John Conyers, Jr. is urging the chairman of the House Judiciary Committee to hold hearings about the increasing number of municipality filings for bankruptcy under Chapter 9 and whether cities are misusing the process to “unilaterally abrogate obligations” otherwise protected by law such as those to retirees and bondholders.