Piazza, Johanna; Siegel, Gary E.; Newman, Emily
April 2003
Bond Buyer;4/1/2003, Vol. 344 Issue 31605, p2
Trade Publication
resents several news briefs related to public finance as of April 1, 2003. With neighboring states refusing to pay out to Massachusetts to prevent it from installing competing slot machines, Governor Mitt Romney and Treasurer Tim Cahill have reluctantly endorsed video slot machines to help plug the three billion dollars budget gap predicted for 2004. The Chicago Purchasing Manager's Index fell to 48.4 in March 2003 from 54.9 in February 2003, according to Purchasing Management Association of Chicago. The New York City economy continued contracting in March 2003, as the war with Iraq, an upward revision to the 2002 job-loss count for the city, and continuing stress on the budget portend further woes ahead, according to the National Association of Purchasing Management, New York's Business Conditions Index, released in April 1, 2003.


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