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Of the 18 states with increasing poverty rates, all but three experienced increases in median household income.
September 22 -
The choice to pay or not pay debt secured by a statutory lien when bankruptcy commences is entirely in the control of the municipal debtor.
September 21 -
The challenge of pension promises and bond indebtedness is inextricably entwined.
September 17 -
Some of the past years decline might have been caused by a stronger dollar reducing demand for U.S. products, but the main factor is likely lower energy and commodity prices.
September 15 -
Misinformation abounds as states move to protect general obligation debt with statutory liens.
September 14 -
Rhode Island and Michigan showed solid improvement in labor markets in August, while Puerto Rico showed greater improvement in its unemployment rate than any of the 50 States, according to our proprietary measure of state economic health.
September 1 -
A budget compromise this year to reduce sequester cuts seems unlikely, and agencies like the Defense Department have fewer opportunities to reduce the impact of spending cuts.
August 25 -
While there are currently many reasons for municipal bond investors to fret, one measure of market sentiment is showing a high level of complacency.
August 11 -
Kentucky's economy has shown the largest year-over-year improvement in our economic health score, helped by a strong labor market. High foreclosure rates and lagging housing prices have dragged New Jersey to the biggest decline.
August 4 -
Bankruptcies in Detroit, Jefferson County, Ala., and three California cities helped spawn a new breed of activist judges, who may use Chapter 9 cases as the platform not just for reorganizing municipal debt, but also for helping set the stage for turning distressed cities around.
August 3