The New York-based rating service, in a prepared statement, says the high credit standing results from "excellent debt policies, consistent maintenance of conservative and sound financial operations, its past growth and potential for future development."

That's high praise out-of-state corporate relocators look for in planning state, regional or local branches, area brokers tell GlobeSt.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% in services, 2.1% in trade; and 1.4% in construction. Manufacturing declined 2.9%; financial services was down 0.2%.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.