Tuesday, August 09, 2005

Fitch Rates Raleigh, North Carolina's $61MM GOs 'AAA' - Forbes.com

Fitch Rates Raleigh, North Carolina's $61MM GOs 'AAA' - Forbes.com:

"The 'AAA' rating and Stable Outlook reflect the city's excellent financial management and planning and diverse economic base. Raleigh is the Wake County seat and the state capital, which provides stability to the employment base. Recovery from the most recent recession is evident in a number of indicators, including declining unemployment rates and growth in jobs, retail sales, and economically-sensitive taxes."

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