RPT-Fitch: U.S. state economies historically exhibit wide range of growth and volatility

Thu Oct 24, 2013 11:33am EDT

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NEW YORK, October 24 (Fitch) U.S. state economies' correlation to the national 
economy varies considerably, with other factors including the state's economic 
make-up and revenue structure playing important roles in the state's financial 
stability, according to a new Fitch Ratings report.

'Each state has its own average growth and volatility profile - some being much 
more correlated to the broader U.S. economy than others,' said James Batterman, 
Managing Director.

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