Fitch: U.S. Public Finance Faces Moderate Economic and Revenue Growth for Remainder of 2014

NEW YORK--()--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

http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=753345

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Contacts

Fitch Ratings
Richard Raphael
Fitch Ratings, Inc.
33 Whitehall St.
New York, NY 10004
+1-212-908-0506
or
Media Relations
Elizabeth Fogerty, New York, +1-212-908-0526
elizabeth.fogerty@fitchratings.com

Contacts

Fitch Ratings
Richard Raphael
Fitch Ratings, Inc.
33 Whitehall St.
New York, NY 10004
+1-212-908-0506
or
Media Relations
Elizabeth Fogerty, New York, +1-212-908-0526
elizabeth.fogerty@fitchratings.com