| Indicator | Last Report | Forecast | Actual |
|---|---|---|---|
| PPI | April: +0.2% | May: +1.0% | May: +1.4% |
| PPI Core | April: +0.4% | May: +0.2% | May: +0.2% |
| Housing Starts | April: 1.008M | May: 985,000 | May: 975,000 |
| Building Permits | April: 982,000 | May: 960,000 | May: 969,000 |
| Current Acct | Q4: -$167.2B | Q1: -$172.0B | Q1: -$176.4B |
| Industrial Prod. | April: -0.7% | May: -0.1% | May: -0.2% |
| Capacity Util. | April: 79.6 | May: 79.7 | May: 79.4 |
Investors pulled $600 million from municipal bond mutual funds in the week ended Wednesday, according to LSEG.
The East San Francisco Bay area water and wastewater utility will price into a market that has seen increased revenue bond issuance.
The MTA's goal to monetize its vast property portfolio could bring 300 homes to Crown Heights.
Otero County addressed an Open Meetings Act violation by reapproving a contract with ICE that generates revenue to pay off bonds for a detention facility.
Despite headwinds in the higher education sector, Louisiana State has enjoyed rising undergraduate enrollment.
"Rates, not fundamentals, continue to drive benchmark yields higher, leaving munis on track for their fourth-worst monthly performance in 15 years," said James Pruskowski, managing director at Hennion & Walsh.
