Economy

The recent Texas law led the Texas Department of Housing and Community Affairs to drop three underwriters from a recent deal late in the process.

China accounts for more than half of the port's two-way container trade.

Despite the pandemic, operating revenues increased 7.6% from 2019 to 2020 and 8.25% from 2020 to 2021.

The recovery is expected to continue this year and into next as the tourism industry looks to surpass 2019’s record-setting year.

Norman Mineta was a transformative force in transportation policy, capable of building bridges across the political aisle.

The U.S. economy will probably fall into a recession as the Federal Reserve combats multidecade-high inflation, Randal Quarles, the Fed’s former vice chair for supervision, said.

The federal government regulates vehicles, while states generally regulate drivers, an unofficial division that creates confusion.

The MSRB plans to issue a request for comment on its Rule G-14, in addition to publishing a summary of the comments on its request for information on ESG factors.

The West Virginia Democrat has been critical of Biden's goal of a speedy transition to electric vehicles, in part because of China's dominance of the battery market.

Transportation Secretary Pete Buttigieg heard concerns from both sides of the aisle during his latest appearance on Capitol Hill.

Several firms' ability to underwrite municipal bond issues in Texas is under review.

California expects to receive nearly $40 billion from the Infrastructure Investment and Jobs Act.

The Chicago Transit Authority and the Port of Long Beach are among the first public agencies to sign the Equity in Infrastructure Project's pledge.

BHSH brings almost $1.5 billion of bonds to refund Beaumont's debt and raise some new money. The new system keeps Spectrum's higher legacy ratings.

The new academic center housed at the University of Maryland is developing P3 industry standards and a peer exchange program for state infrastructure czars.

Fitch and S&P have now joined Moody’s in downgrading the Renton, Washington-based healthcare system’s $6 billion of bonds.

Surface transportation groups like AASHTO want a phased implementation of the IIJA's Buy America policy.

The 12 announced transactions in the first quarter marked the lowest since Kaufman Hall began tracking the activity in 2016.

Continued market demand means not-for-profit hospitals must think about their ESG strategy, according to a Kaufman Hall analyst.

Fitch Ratings revised its outlook to stable from negative on the state's A-plus rating, two weeks after the state received a positive outlook from S&P.