News and Information from Bond Buyer

Puerto Rico's unemployment rate declined by four tenths of a percentage point to 13.7% in December.

The Federal Reserve Board’s decision to delay certain aspects of the Volcker Rule are a plus for the municipal market, a major rating agency and a dealer group said.

Texas service sector activity "expanded at a slower pace in January," according to business executives responding to the Federal Reserve Bank of Dallas' Texas Service Sector Outlook Survey, as the revenue index declined to 12.1 from 22.2.

California's attorney general's office needs two additional weeks to complete its required review of the proposed sale of non-profit Daughters of Charity Health System to for-profit Prime Healthcare.

Indicator Last Report Forecast Actual Durable Goods Nov.: -2.1% Dec.: +0.5% Dec.: -3.4% Durable Goods ex-trans Nov.: -1.3% Dec.: +0.6% Dec.: -0.8% Consumer Confidence Dec.: 93.1 Jan.: 95.0 Jan.: 102.9 New Home Sales Nov.: 431,000 Dec.: 450,000 Dec.: 481,000

A major Northeast winter storm caused issuers to postpone about $1.7 billion of bond sales , including a $1 billion Pennsylvania GO offering.

The municipal bond market weathered the East Coast snowstorm with mixed results as Utah Transit Authority's $854 million offering came to market, the Kentucky issue was still on course to be priced, and the $1 billion Pennsylvania general obligation bond competitive sale was postponed for a week.

Service sector activity "strengthened in January," according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing activity in the central Atlantic region "grew modestly" in January, according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index slid to 6 in January from 7 in December.

The pace of new single-family home sales rose 11.6% to a 481,000 seasonally adjusted annual rate in December, above the 450,000 rate that was expected and following a downward revision to the sales pace in November, data released by the Commerce Department Tuesday showed.

The consumer confidence index grew to 102.9 in January from a revised 93.1 last month, The Conference Board reported Tuesday.

New York City Comptroller Scott Stringer announced a partnership designed to reduce claims against the city's police department.

The Internal Revenue Service's interim guidance on how certain accountable care organizations can be structured to avoid resulting in private business use is limited in its scope, the National Association of Bond Lawyers and the American Hospital Association said.

December durable goods orders plunged 3.4%, while excluding transportation, orders dropped 0.8%, the Commerce Department reported Tuesday.

MICHIGAN

ILLINOIS

Jan. 27, 2015 Southwest: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Arizona Aa3/AA+/NR 0.19 1.16 2.11 2.91 Arkansas Aa1/AA/NR 0.14 1.04 1.9 2.68 Colorado Aa1/AA/NR 0.15 1.06 1.97 2.8 Kansas Aa1/AA+/NR 0.14 1.09 1.98 2.77 New Mexico Aaa/AA+/NR 0.14 1.06 1.94 2.74 Oklahoma Aa2/AA+/AA+ 0.15 1.11 2.01 2.81 Texas Aaa/AAA/AAA 0.14 1.04 1.92 2.71 Utah Aaa/AAA/AAA 0.14 1 1.81 2.59

1/26/2015 1/19/2015 State Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Arizona 7 $388,555 3 $191,475 $197,080 Arkansas 2 24,360 3 54,830 -30,470 Colorado 3 35,025 2 23,935 11,090 Kansas 9 144,140 3 30,050 114,090 New Mexico 0 0 0 0 0 Oklahoma 5 116,040 3 74,450 41,590 Texas 34 844,430 43 2,581,640 -1,737,210 Utah 4 869,550 4 65,445 804,105

Wednesday, January 28 Issuer St Description Amount

Tuesday, January 27 Issuer St Description Amount