News and Information from Bond Buyer

Even after Hurricane Harvey and the threat of a trade war, local governments in Texas are enjoying a surge in sales taxes as they cope with population growth.

Retail buyers of municipal bonds got first shot at New York City’s big general obligation bond sale on Monday.

Consumers’ inflation expectations held steady, but respondents’ optimism about labor conditions and income slipped.

Clark County, Nev.’s $648 million Las Vegas stadium bond deal for the NFL’s Raiders is the first since Congress toyed with the idea last year of eliminating the tax-exemption for sports facilities.

The Conference Board's Employment Trends Index (ETI) rose to 107.72 in March from a downwardly revised 107.31 in February.

The board may choose to approve its own version of the plan by April 20, setting up a legal and political fight for control of the Puerto Rico government.

Weekly municipal market volume is expected to sink back below $5 billion in the coming week, making it harder for investors to price bonds.

Clark County will price $647 million in general obligation bonds Wednesday for the NFL stadium.

Employers in New York also are allowed to implement a 5% payroll tax as a way of paying some of their employees’ state income taxes.

Consumer credit increased by $10.6 billion in February to $3.868 trillion, the Federal Reserve reported Friday.

Illinois spreads are rising as the state plots its first sale of 2018 for May.

Atlantic City's state overseer sees a “major” breakthrough following a $49 million bond sale.

Municipal market participants will return to their desks next week and see a $4.8 billion new issue calendar.

The Port Authority of New York and New Jersey’s planned $10 billion redevelopment of John F. Kennedy International Airport is beginning to take shape.

Moody's threw cold water on Chicago's position that O'Hare's ratings can withstand new terminal debt.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, dipped to 3.99% from 4.00% last week.

Traders noted some caution in the muni market ahead of Friday’s release of the March unemployment report.

The city's issuer rating from Moody's Investors Service remains mired in speculative-grade territory.

The legislation would determine the fate of the state-owned utility formally known as the South Carolina Public Service Authority.

The three islands of the USVI have received more than $1 billion in federal disaster assistance through March 27, according to FEMA spokesman Manuel Broussard.