Fitch Sees Local Governments Staying Strong, Weathering Crisis

McDonald, Michael
December 2001
Bond Buyer;12/21/2001, Vol. 338 Issue 31290, p5
Trade Publication
Cites a report by the U.S. rating agency Fitch Inc., that better budget management and a healthy real estate market in the U.S. are helping to stabilize the local government credit quality. Advice given by the agency's analysts to cut down local aids; Decline in the states revenues in the third quarter of 2001.


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