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The Chicago Fed National Activity Index for January fell to negative 0.43 from a downwardly revised positive 0.05 in December.

A state-by-state review of 2018 issuance in the Northeast.

Late-2017 tax legislation caused a ripple effect that led to sinking municipal issuance in 2018

Note issuance declined in 2018 as a result of tax reform, rate fears, and ongoing fiscal austerity sparked by state and local revenue growth.

Municipal bond insurance may have finished 2018 down 18.1% from where it was the year before, but it outpaced the 23.5% volume dip the overall industry saw due to changes in tax legislation.

Development was down 50.4%, healthcare was off by 42.7%, and electric power declined 40.1%. The slides compared with an overall decline of 23.5% in total issuance.

Following a late-2017 rush to market of advance refundings and private-activity bonds in the run-up to the implementation of new tax legislation, supply in 2018 -- particularly refunding issuance -- suffered a steep decline.

IHS Markit Ipreo forecasts weekly bond volume will increase to $4.9 billion.

Maureen Stapleton is credited with diversifying the San Diego County Water Authority's water supply.

The latest reversal of Puerto Rico's Title III bankruptcy court again draws attention to PROMESA's failure to meet its goals of restoring fiscal responsibility and capital market access for Puerto Rico.

Tim Walz wants to raise the gasoline tax to support new spending and borrowing for transportation.

The December index value was down 0.7% from November.

Issuers in the Northeast sold $95.5 billion of municipal bonds in 2018, off 21.3% from 2017 with an even more pronounced fourth-quarter drop.

Facing a long-term environment of low interest rates and low inflation, Federal Reserve Vice Chairman Richard Clarida said it’s a good time for the U.S. central bank to undertake a review of how it goes about pursuing its twin goals of maximum employment and price stability.

Municipal bond buyers are looking forward to a more robust new issue slate for next week.

Careful reading of the amendments reveals that there are three types of events — not just two — which may have to be reported.

The Federal Reserve reiterated a patient stance on future interest-rate changes in a robust domestic economy facing potential headwinds including slower global growth and market volatility.

Federal Reserve Bank of New York President John Williams voiced concerns that inflation expectations may have slipped downward after years in which price rises have failed to reach the central bank’s 2% target.

The Federal Energy Regulatory Commission said it had no authority over JEA’s agreement with the Municipal Electric Authority of Georgia to buy nuclear power.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index was unchanged from 4.06% in the previous week.