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Passenger counts at the three airports were higher in November than in November 2019, marking the first month they beat a pre-pandemic comparison.

The muni market "is being teed up to enter 2023 from a relative position of strength," said Jeff Lipton, managing director of credit research at Oppenheimer Inc.

Net revenues for September and October came in 12.3% above budgeted projections.

The county close a private partner as it seeks to establish microgrid districts with the goal of promoting economic development and achieving climate change goals.

Strong 2021 contribution levels continue a trend that began with pension reforms made in the wake of the Great Recession.

"I think the bond market is right, a recession is coming," said Liz Young, head of investment strategy at SoFi, "and the economic indicators reinforce that message."

The muni market saw $384.086 billion of debt sold in 2022, nearly $100 billion less than $483.234 billion in 2021.

"Bond investors bid a not-so-fond farewell to 2022 as they look forward to a much more attractive 2023," said Bryce Doty of Sit Investment Associates.

IDE Technologies proposed a privately financed project to bolster Arizona's water supply by delivering desalinated water from Mexico to the state via a pipeline.

If the USVI closes the deal, it would mark only the second long-term lease of a U.S.-based airport, after Puerto Rico's Luis Munoz Marin International Airport.