| Indicator | Last Report | Forecast | Actual |
|---|---|---|---|
| Initial Jobless Claims | Jan. 26: 371,000 | Feb. 2: 360,000 | Feb. 2: 366,000 |
| Continuing Claims | Jan. 19: 3.216M | Jan. 26: 3.190M | Jan. 26: 3.224M |
| Productivity | Q3: +3.2% | Q4: -1.2% | Q4: -2.0% |
| Unit Labor Costs | Q3: -2.3% | Q4: +2.9% | Q4: +4.5% |
| Consumer Credit | Nov.: +$15.9B | Dec.: +$12.8B | Dec.: +$14.6B |
The city council of Harvey voted to declare the city financially distressed in a bid for state oversight, as the mayor warned of a city government shutdown.
The bonds are rated A-plus by three ratings agencies and are expected to have serial maturities from 2026 to 2055.
"The story remains the same: solid demand is more than enough to take down the sizable new issue supply," said Daryl Clements, a portfolio manager at AllianceBernstein.
Its triple-A bonds have recovered after cheapening earlier this year under a pressure campaign from the Trump administration.
The case challenges Oklahoma's authority to collect income taxes from Native Americans who live and work on tribal reservations.
The Roosevelt Institute rolled out a new report on munis revealing the latest trends in public finance along with critiques and recommendations for alternative ways to fund infrastructure.
