News and Information from Bond Buyer

Manufacturing activity in the Federal Reserve Bank of Kansas City's region "continued to decline moderately, similar to the pace of the previous few months," according to the bank's monthly manufacturing survey, released Thursday.

Pending home sales increased 0.5% to an index reading of 110.9 in July, after a revised 1.7% decrease to 110.4 in June, according to a report released Thursday by the National Association of Realtors.

The municipal bond market is looking to snap up the last of the week's new issues on Thursday as traders carefully eye the direction of muni yields.

Initial unemployment claims were down 6,000 to 271,000 in the August 22 week, continuing to skate around the recent lows.

Thursday, August 27 Issuer St Description Amount

Thursday, August 27 Issuer St Description Amount

Week Of August 24 Issuer St Description Amount

Week Of August 24 Issuer St Description Amount

CALIFORNIA

ALABAMA

Government

The junk-rated Chicago Board of Education unanimously signed off on a $6.4 billion budget panned by rating agencies for rolling over debt and gambling on uncertain state support.

New Jersey's long track record of "strong state oversight" has thus far helped avoid struggling Atlantic City from filing for bankruptcy, according to a new report from Pew Charitable Trusts.

The Illinois Metropolitan Pier and Exposition Authority plans to enter the market after revamping its hotel financing plan following rating downgrades triggered by the state's budget impasse.

Livery-service tax overhaul could help fill the $2.6 billion gap in New York MTA's proposed capital plan, said the Citizens Budget Commission.

The oil and gas industry is pressing Congress to permit exports of crude as prices remain at the lowest since the 2008 global financial crisis. The campaign comes as Houston and other energy dependent credits face growing pain from the falling prices, according to Fitch Ratings.

Prices of top-quality municipal bonds finished weaker on Wednesday, traders said, with yields on some maturities strengthening by as much as six basis points on the long end.

Honolulu's $1.9 billion in improvements to wastewater systems wasn't enough to prevent hundreds of thousands of gallons of wastewater spillage after Tropical Depression Kilo soaked Oahu.

Moody's revised its outlook on the nonprofit health care sector to stable from negative, where it has been since 2008, citing significant gains in several key areas.

Phoenix voters have approved a $31.7 billion transportation plan funded by an increase in a dedicated sales tax.