Southeast

The ratings agency said it action reflects the state’s solid economic recovery from the COVID-19 pandemic.

Miami and Miami-Dade County are conducting studies of how to use cryptocurrencies in various local government capacities.

With federal aid rolling out, the municipal credit picture is improving and issuers are coming to market at a faster clip. An infrastructure package could push issuance levels even higher.

Fitch also affirmed the authority's $1.8 billion of senior lien bonds at AA-minus and $968 million of subordinate lien bonds at A-plus.

The settlement shifts about $30 million of hospitality fee revenue from Horry County, South Carolina, to local governments there, including Myrtle Beach.

Apple said it expects the new campus in Raleigh’s Research Triangle area will create at least 3,000 new jobs and when finished is forecast to generate over $1.5 billion in economic benefits annually for North Carolina.

The pact may generate up to $2.5 billion in revenue for the state in the next five years and $6 billion through 2030.

In the Southeast, almost $71 billion of American Relief Plan funds will be dispersed to state and local governments.

The state said it would continue to move forward with the new prisons despite Barclays departure amid controversy over the role of private firm CoreCivic.

The total number of jobs in the state last month rose 21,800 from February.