News and Information from Bond Buyer

The consumer confidence index decreased to 111.8 in January from a revised 113.3 last month, The Conference Board reported Tuesday

The Chicago Purchasing Managers' Business Barometer fell to 50.3 in January from 53.9 in December, the National Association of Purchasing Management-Chicago said Tuesday.

The municipal bond market is set to see the first of the week's new issues hit the screens on Tuesday ahead of the Federal Reserve meeting on monetary policy.

Fitch Ratings' Doug Offerman discusses: how bad are the state pensions' underfunding problems, how do the pensions compare to their situation in 2007, how have GASB accounting changes helped obervers understand pension funding, whether pensions' assumed rate of return is realistic, and the impact of the growing portion of our populace living past 65 have on pensions. Bond Buyer reporter Robert Slavin asks the questions.

The seasonally adjusted Milwaukee Report on Business gained to 59.81 in December from 51.23 in December, the Institute for Supply Management-Milwaukee reported Tuesday.

The Midwest Economy Index improved to positive 0.06 in December from a revised negative 0.02 in November, first reported as negative 0.01, the Federal Reserve Bank of Chicago said Tuesday.

Jan. 31, 2017 Southwest: Plain/Insured GO Yield Curve* Southwest: GO Yield Curves for Jan. 27, 2017 State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA?/NR 0.95 1.78 2.53 3.31 Arkansas Aa1/AA/NR 0.93 1.74 2.46 3.23 Colorado Aa1/AA/NR 0.93 1.77 2.52 3.30 Kansas Aa2/AA/NR 0.93 1.78 2.55 3.32 New Mexico Aa1/AA/NR 0.92 1.71 2.43 3.20 Oklahoma Aa2/AA+/AA+ 0.94 1.82 2.55 3.32 Texas Aaa/AAA/AAA 0.92 1.76 2.52 3.29 Utah Aaa/AAA/AAA 0.90 1.66 2.33 3.08

1/30/2017 1/23/2017 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 3 $132,245 3 $186,653 -$54,408 Arkansas 0 0 1 5,950 -5,950 Colorado 3 333,540 6 339,555 -6,015 Kansas 8 121,490 6 115,660 5,830 New Mexico 0 0 2 107,935 -107,935 Oklahoma 9 552,375 7 147,130 405,245 Texas 29 909,395 45 1,621,086 -711,691 Utah 3 54,050 1 33,000 21,050

Tuesday, January 31 Issuer St Description Amount

Tuesday, January 31 Issuer St Description Amount

Week Of January 30 Issuer St Description Amount

Week Of January 30 Issuer St Description Amount

ILLINOIS

ILLINOIS

Government

Government

Ohio Gov. John Kasich is looking to reduce the state’s reliance on income tax revenue by raising the taxes on cigarettes, beer and wine, gas drilling and raising and expanding the sales tax.

Veronique “Ronnie” Hakim will be the interim executive director of New York’s MTA and Fernando Ferrer its interim chairman, said Gov. Andrew Cuomo.

Marc Wyatt, director of the Securities and Exchange Commission’s Office of Compliance Inspections and Examinations, plans to leave the SEC next month to return to the private sector, the commission announced on Monday.

Wayne County, Michigan is taking the next step toward reviving its bond-financed downtown Detroit jail project.