S&P: Many High-Tech-Dependent Localities' Credits Are Still Strong

Vadum, Matthew
May 2004
Bond Buyer;5/10/2004, Vol. 348 Issue 31880, p4
Trade Publication
Reports that localities with a strong credit track record and a strong employment base in the high technology sector have been able to maintain high credit ratings according to a report from Standard & Poor. Position of the California, Oklahoma and Texas to deal with economic adversity; Key factors in maintaining strong ratings; Overall financial condition and credit quality; Overall wealth and income levels despite significant job losses.


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