Markets

Texas service sector activity “grew at a slower pace in December,” according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index fell to 10.1, from 21.4.

Municipal issuance fell by 24% to $338 billion for 2018 as changes in U.S. tax law crushed the market.

Municipal bonds were stronger as markets closed early ahead of the New Year’s holiday.

Moody's Investors Service upgraded Johnson City to Baa3.

Texas factory activity continued to expand modestly in December while general business activity worsened, the Federal Reserve Bank of Dallas said on Monday.

The Midwest Economy Index fell to 0.09 in November from 0.20 in October, the Federal Reserve Bank of Chicago said on Monday.

The municipal market got stronger once again, beefing up with the end of the year right around the corner.

S&P raised the Indiana capital's ad valorem tax-secured bonds to AA-plus.

Platte County remains at odds with holders of the $32 million Zona Rosa bond issue about its responsibility to cover debt service shortfalls.

How the Bond Buyer covered the disasters and challenges of 2018.