News and Information from Bond Buyer

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Day Indicator Last Report Forecast Tuesday Treasury Budget Nov.: -$56.8B Dec.: n/a Wednesday Import Prices Nov.: -1.5% Dec.: -2.1% Wednesday Export Prices Nov.: -1.0% Dec.: -1.0% Wednesday Retail Sales Nov.: +0.7% Dec.: +0.1% Wednesday ex-Autos Nov.: +0.5% Dec.: +0.2% Wednesday Business Inventories Oct.: +0.2% Nov.: +0.2% Thursday Empire State Manufacturing Dec.: -3.58 Jan.: +4.50 Thursday Initial Jobless Claims 1/3: 294,000 1/10: n/a Thursday Continuing Claims 12/27: 2.452M 1/3: n/a Thursday PPI Nov.: -0.2% Dec.: -0.3% Thursday PPI Core Nov.: unch Dec.: +0.1% Thursday Philly Fed Manufacturing Dec.: 24.3 Jan.: 20.0 Friday CPI Nov.: -0.3% Dec.: -0.3% Friday CPI Core Nov.: +0.1% Dec.: +0.1% Friday Industrial Production Nov.: +1.3% Dec.: +0.1% Friday Capacity Utilization Nov.: 80.1 Dec.: 80.0 Friday Michigan Sentiment Dec.: 93.6 Jan.: 94.1 Friday Current Conditions Dec.: 104.8 Jan.: n/a Friday Expectations Dec.: 86.4 Jan.: n/a

Investors will celebrate a $3 billion boost in volume this week, highlighted by a large, well-known New York credit, following the seasonally-light first official week back to market.

The recent dismissal of a three-year old lawsuit against Burlington, Vt. related to its city-owned broadband provider Burlington Telecom is a credit positive for Vermont's largest city, according to Moody's Investors Service.

Macquarie Capital won a P3 contract with Kentucky to develop the state's 3,000-mile fiber Internet infrastructure.

The Orange County Water District, Calif. Board of Directors voted to enter into formal negotiations with Poseidon Water to build a $900 million seawater desalination plant in Huntington Beach.

Government

While entangled in a federal lawsuit over disclosure issues, Miami rolled out a new transparency initiative to make financial data publicly available.

Missouri officials made their pitch Friday to keep the St. Louis Rams in town, unveiling plans for an open-air, nearly $1 billion National Football League stadium partially financed with borrowing.

The municipal bond market on Friday was looking ahead to more than $7 billion coming to market in the week of Jan. 12. Prices of top-quality municipal bonds were finishing stronger along with Treasuries, traders said, after the release of the December employment report.

Hoosier Gov. Mike Pence proposed a $31 billion, two-year spending plan that includes $700 million in capital projects that would be funded entirely with cash.

Tennessee highway coalition drums up support for an increase in state taxes and fees for infrastructure projects.

San Bernardino's pension bondholders have filed a lawsuit in the California city's bankruptcy case seeking equal treatment with the state's largest pension fund.

Tennessee has $5.9 billion in outstanding debt, and reduced its GO bonds by $175 million, state comptroller Justin Wilson said in the state's semi-annual debt report.

Dealers want the Securities and Exchange Commission to direct the Municipal Securities Rulemaking Board to use a single qualifications exam for all muni professionals, while the Investment Company Institute wants separate municipal advisor exams tailored to the type of MA work being done.

California Gov. Jerry Brown signaled a focus on state retiree healthcare obligations when he released his $113.3 billion fiscal 2016 general fund budget proposal.

There is no timetable, so no one can give a truthful answer to when and how fast interest rates will rise, according to Federal Reserve Bank of Richmond President Jeffrey Lacker.

The engineers of the plan Long Island's Suffolk County Off-Track Betting Corp. used to exit Chapter 9 with a 100% return to creditors say it could be a model for other municipal reorganizations.

The municipal bond market on Friday was looking ahead to next week's new issue supply.