TITLE

Economic Recovery, Tax Collections Raise Outlook for States

AUTHOR(S)
Vadum, Matthew
PUB. DATE
February 2005
SOURCE
Bond Buyer;2/10/2005, Vol. 351 Issue 32068, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that rating agencies agree that the economic recovery has improved state government fortunes in the United States, but they disagree somewhat about whether they are back to the levels of credit-worthiness of the late 1990s. Moody's Investors Service Inc. has raised the outlook on the state government sector to stable from negative, citing the strengthening national economy and improving state tax collections, according to a new report from the credit agency. Standard & Poor's Corp. in a report released January 31, 2005 said states are not as healthy as they were.
ACCESSION #
16072675

 

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