| Indicator | Last Report | Forecast | Actual |
|---|---|---|---|
| Durable Goods | Nov.: -0.5% | Dec.: -0.3% | Dec.: -5.1% |
| ex-Trans | Nov.: -0.5% | Dec.: -0.2% | Dec.: -1.2% |
| Initial Jobless Claims | 1/16: 294,000 | 1/23: 285,000 | 1/23: 278,000 |
| Continuing Claims | 1/9: 2.219M | 1/16: 2.217M | 1/16: 2.268M |
| Pending Home Sales | Nov.: -1.1% | Dec.: +0.7% | Dec.: +0.1% |
Provisions in the One Big Beautiful Bill Act designed to jump start affordable housing development are starting to trickle out into the market in the form of tax-exempt and taxable bond combos.
Schools should begin auditing their programs and policies now, and bond buyers should prepare for more credit risks coming with higher education bonds.
Fitch Ratings revised Illinois' outlook to positive, pointing to the state's recent trend toward "normalized operating performance" and diverse economy.
The incoming Bond Buyer Hall of Famer built public finance businesses at U.S. Bank and Academy Securities by combining experienced teams, issuer trust and a clear reason for clients to choose a new franchise.
The SEC has issued a proposal to rescind its "pay-to-play" rule relating to investment advisers. The rule "was modeled, in large part," on MSRB Rule G-37, Commissioner Hester Peirce said.
Indiana illustrates both the shifting political risk for data centers and the direction of the infrastructure finance discussion on this issue.
