“Manufacturing activity in the central Atlantic region stabilized in November, following a pullback in October,” according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond and released yesterday. The manufacturing index rebounded to zero in November from negative 5 in October. Shipments reversed to positive 1 from negative 5, the Fed reported. Volume of new orders improved to negative 1 from negative 8, while the backlog of orders index decreased to negative 20 from negative 17.As for future outlook, six months from now, the shipments index was 34, off from the 36 posted last month, while the volume of new orders index slipped to 29 from 35, and backlog of orders fell to 6 from 16.
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The bonds refunded of two earlier series of student fee bonds: the taxable Series Z-2 Build America Bonds, and the tax-exempt Series BB-1 bonds.
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LSEG Lipper reported fund inflows of $447 million while high-yield muni bond funds saw another round of inflows at $246 million, marking the 12th consecutive week of positive flows in that space.
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Hawaii Gov. Josh Green outlined the state's plan to permanently house everyone displaced by the fire — and how he plans to pay for it during a media briefing.
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D.C. promises $515 million in improvements to its existing downtown arena.
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A bond-financed purchase of the Stanley Hotel in Estes Park, Colorado, which served as an inspiration for Stephen King's The Shining, is being pursued by the Colorado Educational and Cultural Facilities Authority.
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In a recently released survey by the Citizens Budget Commission, New Yorkers said they are feeling much less safe, with only 37% rating public safety in their neighborhood as excellent or good, down from 50% in 2017.
7h ago