March 12, 2020 / 8:54 PM / a month ago

BRIEF-Fitch Says Coronavirus Effects For U.S. States And Locals Still Developing

March 12 (Reuters) -

* FITCH SAYS CORONAVIRUS EFFECTS FOR U.S. STATES AND LOCALS STILL DEVELOPING

* FITCH SAYS VAST MAJORITY OF U.S. STATE AND LOCAL GOVERNMENTS ARE WELL-POSITIONED TO ABSORB NEAR-TERM CREDIT IMPLICATIONS FROM CORONAVIRUS OUTBREAK

* FITCH SAYS CORONAVIRUS HAS LED TO INCREASED SPENDING BY U.S. STATES AND LOCALS FOR PREVENTION AND TREATMENT MEASURES WHICH ARE LIKELY TO ESCALATE Source text for Eikon:

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