TITLE

Connecticut Weathering Economic Storms Better Than Most States, S&P Says

AUTHOR(S)
Piazza, Johanna
PUB. DATE
October 2003
SOURCE
Bond Buyer;10/10/2003, Vol. 346 Issue 31738, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports on the move of Connecticut to benefit in the upcoming years from ongoing investment and expansion in the biopharmaceutical industry, financial services, tourism and gaming. Belief of Standard � Poor's on the state officials' corrective measures to restore financial balance for fiscal 2003 through 2005; Change in the outlook made by the rating agency on the state's AA general obligation rating to stable from negative; Impact of the fundamental economic strengths and inherent wealth and high wage-earning base on the state's revenues; Ratings granted by rating agencies to the state; Factors that contributed to the high ratings obtained by the state.
ACCESSION #
11063395

 

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