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Service sector companies “saw strong growth in February,” according to the Federal Reserve Bank of Richmond service-sector activity survey, released Tuesday.

Manufacturing growth in the central Atlantic region was “robust” in February, according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index soared to 28 from 14.

Federal Reserve Chairman Jerome Powell said the central bank can continue gradually raising interest rates as the outlook for growth remains strong, and the recent bout of financial volatility shouldn’t weigh on the U.S. economy.

The value of U.S. durable goods new orders fell 3.7% in January, falling more than the 2.5% decrease expected by analysts in an MNI survey.

Federal Reserve Governor Randal Quarles offered an optimistic view of the U.S. economy, suggesting it may be on the cusp of a sustained period of faster growth and reaffirming his support for “gradual” interest-rate increases.

A state-by-state review of 2017 issuance in the Southwest.

Moody's says CalPERS' faster debt repayment plan is credit positive despite the budget strain it will provoke.

Justice Elena Kagan said a ruling in favor of Janus would overturn laws in 23 states, the District of Columbia and Puerto Rico and invalidate thousands of municipal contracts covering millions of public employees invalid.

The municipal bond market is expected to give a warm reception to variety of new issues in the smaller-than-average $4.8 billion calendar.

Growing revenue challenges coupled with a “very weak” economy led S&P Global Ratings to drop the city two-notches to BB-plus.

There is no consensus on the content or how to pay for it in an election year where nothing is expected to get done after the summer and everything will be very politically sensitive.

Four senators released a proposal to deal with the Bluegrass state’s unfunded pension obligations.

Gov. Eric Greitens faces a felony charge that could lead to impeachment proceedings.

The average funded ratio of suburban and downstate Illinois public safety funds is 51%.

John Cross, the Treasury Department's associate tax legislative counsel, said the existing tax rules are clear on advance refundings of taxable debt.

Bernalillo County and Albuquerque both can issue industrial revenue bonds, but over the past five years, the county has approved 26 such proposals to none from Albuquerque.

Rhode Island voters give the public schools a passing grade and two-thirds of them support the proposed $250-million state bond issue for public school repair and construction.

Municipal bond volume across the eight-state Southwest region in 2017 fell 9% below its 2016 record.

The municipal bond market will see $4.8 billion of bonds fly in this week topped by deals from Baltimore County, Alabama Black Belt Gas and the New York State Thruway along with two airports offerings from Houston and Los Angeles.A smorgasbord of bonds is heading our way this week. The new-issue deal calendar stands at $4.8 billion.Baltimore County, Maryland, headlines the slate with four competitive sales of notes and bonds totaling $837 million.Alabama's Black Belt Energy Gas District will sell a $650 million offering.The New York State Thruway Authority will also make a splash with a $600 million deal.And two airport deals -- a $435 million sale from Houston, and a $376 million offering from Los Angeles -- are also making waves.

The municipal market sees a lighter-than-average supply slate of $4.8 billion head their way this week.