California

China accounts for more than half of the port's two-way container trade.

A national high-speed rail coalition penned a letter to the state's Democratic leaders saying allocating bond funds for the state's high-speed rail project would encourage federal support.

A spending limit formula voters set in 1979, combined with surpluses in the tens of billions of dollars, put California lawmakers in a quandary.

The infrastructure package features $5.4 billion to fight wildfires. Issuers like California's Yuba Water Agency say the money is a game changer. 

Total April volume was $34.329 billion in 729 deals versus $37.105 billion in 1,124 issues a year earlier.

If state and local governments make progress on social problems with federal relief funds, it could be credit positive for them, Moody’s Investors Service said.

In the week ending April 13, investors pulled $5.526 billion from the funds, down from $7.227 billion of outflows in the previous week, ICI reported.

California expects to receive nearly $40 billion from the Infrastructure Investment and Jobs Act.

Fitch affirmed the Los Angeles-area airport's A rating and raised its outlook to stable though a $1 billion terminal project stalled during the pandemic.

After a four-year absence, Utah’s Intermountain Power Agency returns to the municipal market with nearly $552 million of power supply revenue bonds.