News and Information from Bond Buyer

The overall economy grew for the fifty-fourth straight time, while the manufacturing sector expanded for the sixth consecutive month, the Institute for Supply Management reported Monday.

Edna Love’s 58 years as a nurse for Detroit’s health department earned her a $2,000-a-month pension when she retired in 2011, Bloomberg news reports. That pales next to the $1 million she got from a separate city-sponsored savings plan where she put 5 percent of her pay year after year.

National Railroad Retirement Investment Trust CIO and CEO Catherine Lynch has been appointed to the New York State Common Retirement Fund’s Investment Advisory Committee, state Comptroller Thomas DiNapoli said.

Illinois lawmakers convene Tuesday to vote on a package of reforms agreed to by their leaders with the aim of stabilizing a pension system saddled with $100 billion of unfunded obligations.

The seasonally adjusted Milwaukee Report on Business fell to 52.1 in November from 57.1 in October, the Institute for Supply Management-Milwaukee reported.

The Midwest Economy Index dipped to 0.22 in October from 0.34 in September, the Federal Reserve Bank of Chicago reported Friday.

Dec. 2, 2013 Northeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Connecticut Aa3/AA/AA 0.19 1.31 2.99 4.45 Delaware Aaa/AAA/AAA 0.15 1.16 2.65 4.1 Maine Aa2/AA/AA 0.19 1.23 2.79 4.22 Maryland Aaa/AAA/AAA 0.17 1.16 2.65 4.1 Massachusetts Aa1/AA+/AA+ 0.19 1.24 2.86 4.33 New Hampshire Aa1/AA/AA+ 0.19 1.23 2.79 4.2 New Jersey Aa3/AA+/AA+ 0.27 1.32 2.94 4.42 New York Aa2/AA/AA 0.21 1.22 2.75 4.26 Pennsylvania Aa2/AA/AA 0.17 1.27 2.92 4.35 Rhode Island Aa2/AA/AA 0.25 1.44 3.1 4.6 Vermont Aaa/AA+/AAA 0.17 1.21 2.71 4.15 Dist. of Columbia Aa2/A+/AA+ 0.22 1.43 3 4.45 Puerto Rico Baa3/BBB+/BBB+ 6.67 8.26 8.85 7.75

11/27/2013 11/22/2013 State # Iss Amount ($000s) # Iss Amount ($000s) Chg in Amt ($000s) Connecticut 3 $40,256 1 $600,000 -$559,744 Delaware 0 0 0 0 0 Maine 3 10374 1 2000 8374 Maryland 3 571060 0 0 571060 Massachusetts 4 92300 7 152457 -60157 New Hampshire 0 0 0 0 0 New Jersey 9 507790 10 60534 447256 New York 19 723382 18 1474182 -750800 Pennsylvania 6 307915 6 270915 37000 Rhode Island 1 85520 2 123745 -38225 Vermont 3 85315 0 0 85315 District of Columbia 0 0 0 0 0 Puerto Rico 0 0 0 0 0

Day Indicator Last Report Forecast Monday Construction Spending Aug.: +0.6% Sept.: +0.4% Monday ISM Manufacturing Oct.: 56.4 Nov.: 56.5 Wednesday International Trade Sept.: -$41.8B Oct.: -$40.3B Wednesday New Home Sales Aug.: 421,000 Sept.: n/a Wednesday New Home Sales Aug.: 421,000 Oct.: 430,000 Wednesday ISM Non-Manufacturing Oct.: 55.4 Oct.: 55.7 Thursday Initial Jobless Claims Nov. 23: 316,000 Nov. 30: n/a Thursday Continuing Claims Nov. 16: 2.776M Nov. 23: n/a Thursday GDP Q2: +2.5% Q3: +2.8% Thursday Factory Orders Sept.: +1.7% Oct.: -0.3% Friday Nonfarm Payrolls Oct.: +204,000 Nov.: +190,000 Friday Private Payrolls Oct.: +212,000 Nov.: +190,000 Friday Manufacturing Payrolls Oct.: +19,000 Nov.: +10,000 Friday Unemployment Rate Oct.: 7.3% Nov.: 7.2% Friday Avg Hourly Earnings Oct.: +0.1% Nov.: +0.2% Friday Work Week Oct.: 34.4 Nov.: 34.5 Friday Personal Income Oct.: +0.5% Nov.: +0.3% Friday Consumption (PCE) Oct.: +0.2% Nov.: +0.3% Friday Core PCE Oct.: +0.1% Nov.: +0.1% Friday Michigan Sentiment Nov.: 71.5 Dec.: n/a Friday Current Conditions Nov.: 88.0 Dec.: n/a Friday Expectations Nov.: 66.8 Dec.: n/a Friday Consumer Credit Sept.: +13.7B Oct.: +14.1B

Monday, December 2 Issuer St Description Amount

Monday, December 2 Issuer St Description Amount

Week Of December 2 Issuer St Description Amount

Week Of December 2 Issuer St Description Amount

INDIANA

CALIFORNIA

Municipal issuance is expected to surge in the post-holiday primary market, led by a $1.2 billion revenue sale from the New York State Tobacco Settlement Authority.

Illinois General Assembly leaders met Tuesday in their continuing effort to hash out a pension overhaul in anticipation of a vote next week during a possible special session.

Government

Standard & Poor's revised its outlook to negative from stable for Cleveland Public Power on Wednesday in light of the system's weakened debt coverage levels and growing competition.

The Los Angeles County Metropolitan Transportation Authority will conduct a $452 million combination new money/refunding competitive sale Dec. 4 to pay for cost overruns on several projects.