Economy

The overall economy grew for the 101st straight time, the Institute for Supply Management reported Wednesday.

Construction spending was up 0.3% in September, despite a 0.4% decrease in private construction.

John Di Stasio, president of the Large Public Power Council, discusses some of the major issues impacting publicly run electrical utilities including renewable energy, protecting grids against security threats and challenges financing infrastructure improvements. Hosted by Andrew Coen.

City Council approved another 30-day contract, risking the long-term deal.

The Midwest Economy Index declined to negative 0.09 in September from positive 0.08 in August.

The end of the probe was disclosed in offering documents for a $67 million refunding deal.

Texas factory activity, as measured by the production index, “expanded at a faster pace in October,” according to the monthly Texas Manufacturing Outlook Survey.

Gainesville Regional Utilities received $3 billion in orders for $416 million of tax-exempt bonds.

Fitch returned the South Carolina-owned utility's outlook to stable due to cancellation of the nuclear reactor project.

Manufacturing activity in the Federal Reserve Bank of Kansas City's region "posted strong growth and expectations about future activity improved further."

Pending home sales remained at an index reading of 106.0 in September, after a revision to August’s level.

The pace of new single-family home sales increased sharply by 18.9%, the largest percent change since January of 1992.

The council wants to buy time to decide on a longer term water contract.

The program heads to the Financial Review Commission and the Michigan Finance Authority for approval.

The new system would feature enhanced technology and integrate across all the authority's subway, bus and commuter rail units.

City council members say they need more time to consider contract and other options.

It's the utility's first long-term debt issuance since a court ruling that could have credit repercussions for SRP and other public utilities.

The Port Authority of New York and New Jersey says it has spent almost $1 billion, with more on the way.

Existing home sales grew 0.7% to a seasonally adjusted 5.39 million-unit rate in September.

The state’s high-speed rail program still faces a long journey to completion beset by lawsuits and political opponents.