NEW YORK--(BUSINESS WIRE)--U.S. public finance should see moderate economic and revenue growth for the balance of 2014, while state and local spending pressures remain manageable, according to a Fitch Ratings report.
Revenue-supported sectors remain stable with the exception of hospitals, which has a negative outlook driven by the changing operating landscape's pressure on margins and volume.
Key risks to public finance through year-end include continued economic recovery, post-employment benefit costs and the uncertain impact of healthcare reform.
For more information, a special report titled "US Public Finance Sector Briefing Roundup 2Q14" is available on the Fitch Ratings web site at www.fitchratings.com, or by clicking on the link.
Additional information is available at 'www.fitchratings.com'.
Applicable Criteria and Related Research: U.S. Public Finance Sector Briefing Roundup 2Q14