The Public Purse offers you serious thinking about economic, financial and political trends at the U.S. state and local level with a focus on municipal credit risk
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TAG | oil spill
Jun/10
25
The BP Oil Spill and Municipal Bonds
1 Comment | Posted by Natalie Cohen in municipal bonds
It couldn’t come at a worse time. The 53 Gulf Coast counties in Florida, Alabama, Mississippi, Louisiana and Texas look forward to peak summer months when tourists flock to beach resorts, casinos and summer homes. This year the tourists are staying away. Revenues related to tourist spending and waterfront development projects are likely to drop. The [...]