New orders for manufactured goods slumped 1.5% in December, after surging 1.5% in November, the Commerce Department reported Tuesday.
The November increase was revised to 1.5% from the 1.8% first reported.
Economists polled by Thomson Reuters expected a 1.6% decrease in December orders.
Excluding transportation, new orders increased 0.2% in December, after rising 0.3% the previous month. Excluding defense, orders fell 1.1%, after gaining 1.5% in November.
New Hampshire's deals are always well received, according to the state treasurer. She hopes that trend holds in this week's market.
Munis saw small gains Thursday, continuing the slight turnaround in sentiment the market has seen this week, with muni yields seeing modest bumps each day, said Jeremy Holtz, a portfolio manager at Income Research + Management.
The city is in danger of defaulting on bonds in the next fiscal year, according to Local Government Commission officials who say they will intervene if needed.
The $12.78 billion fiscal 2027 budget agreement unveiled by Republican officials comes as lawmakers prepare for looming federal Medicaid funding cuts.
A presidential address does nothing to quell the price of crude oil as states are now calculating the effects of rising fuel prices on their tax revenues.
Divisions are emerging among Missouri lawmakers over the $50.3 billion fiscal 2027 budget the House passed last Tuesday.
