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Construction spending increased 0.4% in May, the Commerce Department said Monday, and is 4.5% above the May 2017 level.

According to the ISM's monthly report on business, the ISM index increased to 60.2 in June from 58.7 in May.

Oversight Board members blamed the reduction in available revenue in part on local government's failure to introduce at-will employment.

There are two proposals being negotiated but one attorney says the discussions may go nowhere.

Public finance bond attorneys Rick McConnell and Richard Wood joined the firm's Kansas City, Missouri, office from Gilmore & Bell.

The municipal market will see only $74 million of deals in a holiday-shortened week, raising demand for supply the week after.

S&P downgraded the outlook on the AA rated school and said further weakening in the school's finances could pressure the rating on $200 million of debt.

State workarounds for the new $10,000 cap on the deduction for state and local taxes may present new legal issues for the service, nominee Charles Rettig says.

President Donald Trump’s top economic adviser urged the Federal Reserve to raise interest rates “very slowly.”

Moody's calls Minnesota's pension reforms a positive for the state and its local governments.

After a bumpy but overall successful launch of markup disclosure, the muni industry looks ahead to regulatory scrutiny and finding ways to use the new data.

Municipal bond issuance reached $30 billion for the third straight month, as the market prepares for what is expected to be a slow summer.

Legislation to restructure New Jersey Transit’s board of directors may carve out a fresh path for the beleaguered system.

Ipreo estimates weekly bond volume at $73.8 million, consisting only of competitive sales and no negotiated deals.

The University of Michigan's final June consumer sentiment index reading was 98.2.

The MNI Chicago Business Barometer rose 1.4 points to 64.1in June, up from 62.7 in May, hitting the highest level since January.

When it comes to curve watching, former Federal Reserve chairman Alan Greenspan has a favorite: the 5-to-30-year Treasury yield gap.

The data suggest inflation is not retreating, with the year/year rate for the core measure jumping up to 2.0% and the PCE price index rising to 2.3%.

The May Midwest Economy Index slipped to 0.51 from an upwardly revised 0.55 in April.

The weekly average yield to maturity of The Bond Buyer Municipal Bond Index slipped to 3.98% from 3.99% last week.