The New York-based rating service, in a prepared statement, saysthe high credit standing results from "excellent debt policies,consistent maintenance of conservative and sound financialoperations, its past growth and potential for futuredevelopment."
That's high praise out-of-state corporate relocators look for inplanning state, regional or local branches, area brokers tellGlobeSt.com.
The state's employment continues to increase. May was up 1.5%from May 2000. Fueling the employment engine were gains of 3.6% inservices, 2.1% in trade; and 1.4% in construction. Manufacturingdeclined 2.9%; financial services was down 0.2%.
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