Economy

The New York economy is expanding with “across the board increases,” and employment at its best level in more than two years, the Institute for Supply Management-New York’s Report on Business index, released Monday, indicated.

Long perceived as clunky and stagnant, the Massachusetts Bay Transportation Authority is recrafting itself under control board oversight.

The overall economy grew for the 102nd straight time, the Institute for Supply Management reported Wednesday. Suppliers reported strength in sales.

The group plans to sell roughly $1 billion of bonds, with a mix of btax-exempt and taxable debt.

The Regional Plan Association recommends congestion pricing, infrastructure banks, public benefit corporations, a regional rail system and an end to 24-hour New York subway service.

The seasonally adjusted Milwaukee Report on Business decreased to 59.62 in November from 63.61 in October.

Mayor Rahm Emanuel said there would be no taxpayer funding.

The bonds for Florida’s Brightline train project are rated BB-minus by Fitch.

A year from now, city officials may very well be asking voters to approve a bond package, perhaps to keep fixing the potholes on your street.

Nearly all Federal Reserve districts reported modest or moderate economic growth in the past six weeks as business outlook improved and hurricane-related rebuilding pushed prices higher, the latest Beige Book survey showed Wednesday.

According to underwriter HJ Sims, the deal will mark the largest fixed-rate bond issue for a life-plan community.

The Citizens Budget Commission says deficits could compromise Chairman Joseph Lhota's subway improvement plan.

Manufacturing growth in the central Atlantic region was “robust” in November, according to the monthly business activity survey conducted by the Federal Reserve Bank of Richmond, as the manufacturing index soared to 30 from 12.

Home prices rose 6.2% on an annual basis in September, not seasonally adjusted, according to the S&P CoreLogic Case-Shiller U.S. National Home Price Index, released Tuesday.

The remodeling of the 22-year-old airport will add gates and update its security infrastructure.

The Long Island Power Authority received a rating reward for debt restructuring that includes several securitization deals.

Texas factory activity, as measured by the production index, “continued to expand in November.”

The pace of new single-family home sales increased by 6.2%, to the highest level since October 2007.

Contract saves the city about $9 million by locking in a more favorable rate with Great Lakes Water Authority.

The MTA tapped a transportation professional with experience in Toronto and London to spearhead the modernization of New York's subway and bus system.