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Initial jobless claims plunged 26,000 to 319,000 in the week ended May 3, the Labor Department said Thursday.
May 8 -
Monetary policy would be more transparent and forward guidance would be boosted if the Federal Reserve gave more details about policy would move based on conditions, Federal Reserve Bank of Philadelphia President and Chief Executive Officer Charles I. Plosser said Thursday.
May 8
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The European Central Bank announced its Governing Council held interest rates at its latest monetary policy meeting Thursday.
May 8 -
May. 8, 2014 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.15 1.28 2.45 3.6 Florida Aa1/AAA/AAA 0.15 1.31 2.43 3.61 Georgia Aaa/AAA/AAA 0.15 1.24 2.28 3.42 Kentucky Aa2/AA+/AA 0.17 1.39 2.5 3.65 Louisiana Aa2/AA/AA 0.16 1.34 2.48 3.63 Mississippi Aa2/AA/AA+ 0.17 1.34 2.49 3.6 North Carolina Aaa/AAA/AAA 0.15 1.24 2.28 3.42 South Carolina Aaa/AA+/AAA 0.15 1.27 2.31 3.44 Tennessee Aaa/AA+/AAA 0.15 1.25 2.33 3.47 Virginia Aaa/AAA/AAA 0.15 1.23 2.26 3.4 West Virginia Aa1/AA/AA 0.16 1.34 2.48 3.64
May 8 -
5/7/2014 4/30/2014 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 3 $31,290 2 $32,755 -$1,465 Florida 6 164,570 5 137,570 27,000 Georgia 2 24,260 2 24,260 0 Kentucky 5 49,470 5 81,835 -32,365 Louisiana 1 18,000 2 28,180 -10,180 Mississippi 1 1,000 2 6,000 -5,000 North Carolina 1 25,860 1 199,040 -173,180 South Carolina 1 2,140 3 65,020 -62,880 Tennessee 2 26,305 1 29,125 -2,820 Virginia 9 599,290 4 430,795 168,495 West Virginia 0 0 0 0 0
May 8 -
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Indicator Last Report Forecast Actual Productivity Q4: +2.3% Q1: -1.0% Q1: -1.7% Unit Labor Costs Q4: -0.4% Q1: +2.5% Q1: +4.2% Consumer Credit Feb.: +$13.0B March: +$15.5B March: +$17.5B
May 8 -
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Muni bonds strengthened Wednesday amid low supply as Federal Reserve chair Janet Yellen spoke publicly for the first time this month.
May 7 -
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Miami-Dade County plans to lower borrowing costs for improvements at PortMiami by issuing $208 million of bonds in variable rate mode this week.
May 7
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Kansas City International Airport should build a new state-of-the-art central terminal to replace its existing three, a special mayoral advisory group recommended Wednesday.
May 7 - Pennsylvania
Bond rating agencies are poised to downgrade Pennsylvania again based on unfunded pension liability even if Gov. Tom Corbett's proposals pass, pension expert Richard Dreyfuss said.
May 7
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Transportation finance experts expect robust bond financing of new transportation and infrastructure projects in the near future, even though federal policy is making those investments increasingly tricky.
May 7 -
Sen. Barbara Boxer, D-Calif., has announced that she will introduce a multiyear transportation reauthorization bill on Thursday.
May 7 -
Unfunded public pension liabilities can be vastly different depending on the assumptions made and how they are calculated, but it is clear that plans are taking far more risk today than they have in the past, pension experts told municipal analysts at a conference here Wednesday.
May 7
