The University of Michigan’s preliminary February consumer sentiment index reading was 69.6, compared to the final January consumer sentiment index reading of 78.4, and the preliminary January 80.5, according to market sources.
Economists polled by IFR Markets had predicted a 77.0 reading for the index.
The expectations index was 59.4, compared to 68.1 last month.
The current conditions index was 85.4, compared to 94.4 last month.
"April has been one of the worst-performing months over the past five years, which we believe warrants continued caution," BlackRock strategists said.
The public finance industry has been tracking the growth of the IRS budget with concerns that funding boosts would translate into higher audit rates for bond transactions.
Los Angeles Mayor Karen Bass aimed high in her State of the City speech just days before she will release a budget that needs to close a nearly half-billion-dollar deficit.
"We believe in this," Transportation Secretary Pete Buttigieg said.
The firm said Saporito's hiring is among several other additions made to beef up Wells Fargo's commitment to munis.
While Kansas' sales tax and revenue (STAR) bond program recorded its first default late last year, Bonner Springs is considering using it for a development that includes a Mattel toy-themed amusement park.
