News and Information from Bond Buyer

Orrick, Herrington & Sutcliffe has promoted three public finance attorneys on the West Coast to partner.

The economy expanded at a "modest" pace in most regions in the last half of November and December, according to the Beige Book, released by the Federal Reserve Wednesday.

New York Gov. Andrew Cuomo unveiled a $152 billion budget proposal late Tuesday that would extend a set-to-expire millionaire's tax to preserve $4 billion in revenue over the next two years.

Indiana must keep its books balanced and its reserves well-funded, Indiana Gov. Eric Holcomb said, calling the state government’s strong fiscal health a “bedrock” of its appeal for businesses.

Michigan Gov. Rick Snyder put the state's infrastructure needs at the top of his to-do list in his State of the State address

Top-shelf municipal bonds were a tick weaker around midday, as yields on most maturities were as many as three basis points higher, according to traders, who were seeing a few more large deals price from issuers in Colorado, Georgia and California.

The New York City Council voted unanimously to approve an expansion of the DUMBO Business Improvement District at a meeting at City Hall on Wednesday. The full council vote on the bill came after the Finance Committee unanimously passed it in the morning.

With a privately owned passenger train service just months away from starting up in south Florida, opponents told a federal judge it would be inequitable to dismiss their lawsuits because of a “backroom” deal involving public financing for the project.

The California Supreme Court has declined to hear an appeal from a group opposing the construction of a new basketball arena in San Francisco.

States that rely heavily on exports to foreign countries are worth a closer look as the Trump administration considers its next steps on its promise to change trade policy.

Capital Hartford is veering out of control toward bankruptcy and needs help from a state already wobbly, said a Manhattan Institute report on Connecticut’s poorest cities.

The warning signs can reveal themselves in historic audited financials, when combined with more timely economic data.

Indicator Last Report Forecast Actual CPI Nov.: +0.2% Dec.: +0.3% Dec.: +0.3% CPI Core Nov.: +0.2% Dec.: +0.2% Dec.: +0.2% Industrial Production Nov.: -0.7% Dec.: +0.6% Dec.: +0.8% Capacity Utilization Nov.: 74.9% Dec.: 75.4% Dec.: 75.5% NAHB Housing Index Dec.: 69 Jan.: 69 Jan.: 67

Builders' confidence in the market for new single-family homes dipped as the National Association of Home Builders' housing market index fell to 67 in January from a downwardly revised 69 in December, first reported as 70.

Industrial production was up 0.8% in December, the Federal Reserve reported Wednesday.

A day after municipal yields dropped, market participants are waiting for more new issuance to hit screens on Wednesday, which may or may not include the biggest deal of the week.

The New York region's service sector activity "grew for the first time in several months," according to the Federal Reserve Bank of New York's January Business Leaders Survey, released Wednesday.

Citing improving market conditions, the University of Houston plans to increase its offering in a competitive sale by $40 million to more than $400 million.

Wednesday, January 18 Issuer St Description Amount

Wednesday, January 18 Issuer St Description Amount