| Indicator | Last Report | Forecast | Actual |
|---|---|---|---|
| GDP | Q4: +3.0% | Q1: +1.9% | Q1: +1.9% |
| GDP Core PCE | Q4: +1.3% | Q1: +2.1% | Q1: +2.6% |
| GDP Final Sales | Q4: +1.1% | Q1: +1.7% | Q1: +1.9% |
| Initial Jobless Claims | June 16: 387,000 | June 23: 385,000 | June 23: 386,000 |
| Continuing Claims | June 9: 3.299M | June 16: 3.290M | June 16: 3.296M |
Inflows returned to muni mutual funds as investors added $200.3 million for the week ending Wednesday after $1.474 billion of outflows, according to LSEG Lipper.
Democratic Gov. Laura Kelly nixed another tax cut bill passed by the Republican-led legislature this year, while pushing a less-costly plan.
It's a big week for the Fortress-backed train company, which refinanced more than $4 billion of debt and broke ground on its West Coast high-speed line.
Photos from The Bond Buyer's Texas Public Finance conference.
The Mayo Clinic is undertaking a $5 billion expansion that may bring new debt as it reconstructs its core Rochester, Minnesota campus.
"Just like the ATM became an additional transaction channel in the banking industry, I believe distributed ledger technology will provide municipal issuers with a similarly valued tool to sell their bonds," said Rick Coscia, Quincy's Strategic Asset Manager.
