Economic growth appears to be weakening compared to estimates from three months ago, as those surveyed for the Federal Reserve Bank of Philadelphia’s third-quarter survey of professional forecasters cut estimates of gross domestic product growth to 2.3% from 3.3%.
Munis are beginning to see headwinds and mixed technicals as a strong summer winds down, according to Municipal Market Analytics' Kevin McGuigan.
The ratings agency cited strong financial metrics and affordable utility rates.
The draft RBP "updates and augments" an RBP on LSTs released in 2000, the NFMA said.
The Metropolitan Washington Airports Authority voted to move forward with plans for a $20 billion makeover of Dulles Airport, clarifying how the project will be financed.
The Oklahoma audit uncovered "complex financial schemes" allegedly by a former Tulsa Public Schools administrator that involved $3.73 million in bond proceeds.
"I actually think that this was a difficult case for the SEC enforcement division to bring, a close call, on the facts," attorney Andrew Kintzinger said.
