Muni Green Shoots
April 04, 2014 at 10:05 AM EDT
During the 1st quarter of 2014, state and local government fiscal conditions have improved in line with what would be expected during a “new-normal,” low-growth period. The aggregate demand-dampening effects of the recession and its flow-through to state and local government budgets has manifested itself in a continued subdued growth in tax receipts and greater […] View the full post at: Muni Green Shoots Related posts: David Rosenberg’s Green Shoots Perspective Nouriel Roubini’s Rejection of the ‘Green Shoots’ Argument Are There Green Shoots, or Are There Just Weeds in the Unemployment Data?