The New York business conditions index in the National Association of Purchasing Management-New York's Report on Business decreased in March to 449.4 from 449.7 in February.
The report's outlook-expectations index dropped to 50.0 from 70.0, while the current conditions index declined to 49.3 from 57.6.
State officials called the one-notch rating cut to Aa1 with a stable outlook "a Trump downgrade" due to the state's heightened exposure to presidential policies.
While April was a challenging month for muni performance, this summer will be a more supportive environment, said Mark Paris, chief investment officer and head of municipals at Invesco.
Chicago will host its annual investor conference on Thursday as Mayor Brandon Johnson's administration faces challenges including a $1.12 billion deficit.
The full legislative package could land on the House floor as soon as next week.
Since the attack, many in the industry have had conversations about how to better secure transfer of funds, Vivian Altman said.
Daniel Cohen hopes to leverage his decades of experience to grow Cabrera's brand.
