Economy

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.

Existing home sales grew 2.0% to a seasonally adjusted 5.48 million-unit rate in October from a revised 5.37 million sales pace the previous month.

The council said the delay to Nov. 27 would buy more time for newly elected council members to weigh in on an amended version of a 30-year deal with Great Lakes Water Authority.

Kansas City, Missouri was banking on private activity bonds for a "significant" role in the airport financing.

Manufacturing activity in the Federal Reserve Bank of Kansas City's region "slowed slightly but remained solid, and optimism for future activity remained high."

La Verne is using a new Enhanced Infrastructure Financing District to develop the area around a new train station.

The region's manufacturing sector expanded in November, at a slower pace than in October.

The plan is up from the previously announced 200,000 homes.

The Moody's downgrade comes amid large losses and higher capital spending.

Florida Gov. Rick Scott has endorsed another record budget for the state: $87.4 billion for fiscal 2019.

County Executive Robert Astorino is keeping up his push for to privatize White Plains airport despite losing his reelection bid.