| Indicator | Last Report | Forecast | Actual |
|---|---|---|---|
| Housing Starts | Feb.: 694,000 | March: 705,000 | March: 654,000 |
| Building Permits | Feb.: 715,000 | March: 710,000 | March: 747,000 |
| Industrial Production | Feb.: unch | March: +0.3% | March: unch |
| Capacity Utlization | Feb.: 78.7 | March: 78.6 | March: 78.6 |
Strong offerings and the promise of July redemptions are helping munis weather a rough UST market, according to NewSquare Capital's Kim Olsan.
A smoke-covered east Los Angeles for days evoked images of last year's wildfires that decimated the city. Cleanup around the massive cold storage facility is expected to take months.
The budget includes plans for transportation bonds to be sold over the next few years.
The state took nearly two years to publish its fiscal 2024 annual comprehensive financial report — and that was an improvement.
A lawsuit filed in federal court comes as the turnpike was seeking approval from a state oversight council for $1.5 billion of revenue bonds.
Separately, the Puerto Rico Oversight Board approved the second consecutive consensually agreed upon budget, balanced according to modified accrual standards.
