Most States Should Withstand Recession, S&P Analyst Says

Vadum, Matthew
October 2001
Bond Buyer;10/30/2001, Vol. 338 Issue 31254, p5
Trade Publication
Discusses views of public finance analyst Robin Prunty on the impact of recession in the U.S. economy on states within the country. Effect of budgetary reserves on fiscal flexibility of states; States that have reported revenue shortfalls; Average general obligation bond ratings of states by the financial rating agency Standard & Poor's Corp.


Related Articles

  • Stimulus Anticipation. Funk, Lynne // Bond Buyer;12/23/2008, Vol. 366 Issue 33029, p1 

    The article reports that state and local government groups in the U.S. are overseeing 2009 with a significant downturn in terms of revenues. Standard & Poor's analyst Robin Prunty regards 2009 to be a multiyear challenge because of the country's national economy characterizing the kind of...

  • N.Y.C. Earns GO Boost From S&P. Phillips, Ted // Bond Buyer;6/6/2007, Vol. 360 Issue 32644, p1 

    The article reports on the upgrade of New York City's $35 billion general obligation credit rating to AA with a stable outlook form AA-minus, by the Standard & Poor's Corp. The upgrade reflects on the city's strong economic and revenue performance as well as its use of surpluses to reduce...

  • S&P Economist Tackles Long-term Recovery. Davidson, Steve // Community Banker;Apr2003, Vol. 12 Issue 4, p48 

    Presents the views of David Wyss, chief economist at Standard & Poor's on the U.S. economy as of April 2003. Signs of credit risk in the economy; Gains in business investment; Outlook for the housing sector.

  • Home Price Data Discouraging.  // American Banker;5/27/2009, Vol. 174 Issue 100, p11 

    The author reports on decreases that occurred in home prices in metropolitan areas throughout the U.S. in March 2009. The amount that home prices decreased on various indexes in March 2009 are mentioned, including indexes by Standard & Poor's Corp. and the Case-Shiller Home Price Indices....

  • GSEs Threaten U.S. Economic Stability. G. S. // Asset Securitization Report;4/21/2008, Vol. 8 Issue 16, p14 

    The article focuses on the impact of government sponsored enterprises (GSE) on the financial stability of the U.S. economy. According to Standard & Poor's Corp., GSE will bring a greater financial risk in the economy as it massively levered the mortgage entities. The high demands in GSE during...

  • Dividend-cutting highest point since '01. Johnston, Megan // Pensions & Investments;6/9/2008, Vol. 36 Issue 12, p43 

    The article offers information on the dividend cuts by several companies, as financial firms have been forced to conserve their remaining capital and others brace for the U.S. economy to cool further. According to Standard and Poor's data, nineteen companies reduced their dividend payouts in May...

  • Brokers land in the rough. Elstein, Aaron // Crain's New York Business;1/19/2009, Vol. 25 Issue 3, p2 

    The article focuses on the impact of the financial crises on the brokerage firms. The business of serving individual investors is headed for its worst stretch in decades with the Standard & Poor's 500 having slumped 39% in 2008, which is the biggest drop since 1937. According to a survey, only...

  • Asia Insurers Resilient Enough to Weather Financial Tsunami.  // Asia Insurance Review;Nov2008, p24 

    The article provides information on a report entitled "Asia's Insurance Industry Can Shake off the Negative Effects of the Recent Market Turmoil," released by Standard & Poor's Corp. The report showed that the industry has sufficiently strong fundamentals to withstand the current global...

  • Low-cost funds outperform expensive peers, says S&P.  // Westchester County Business Journal;6/23/2003, Vol. 42 Issue 25, p19 

    Focuses on the efforts of Standard and Poor's Corp. to determine the average expense ratio for each of the nine domestic fund style categories. Comparison of returns between the year 2002 and 2003; Selection of mutual funds; Effects of economic downfall on various investments.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics