TITLE

Ridership on Nation's Mass Transit Systems Increases, May Help Credits

AUTHOR(S)
Sanchez, Humberto
PUB. DATE
January 2006
SOURCE
Bond Buyer;1/19/2006, Vol. 355 Issue 32301, p28
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that ridership on mass transit systems has increased by 3.3 percent, according to the figures disclosed by the American Public Transportation Association in Washington. The result indicates that more Americans prefer other transportation options besides the automobile. The growth of transit ridership could improve the credit quality of transit systems that issue tax-exempt bonds.
ACCESSION #
19715645

 

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