La. one of six states to get positive comments from Moody's

Wednesday, October 29, 2008

Louisiana is one of only six states faring the best during the current economic crisis, reports Moody's Investor Services, a provider of independent credit ratings, research and financial information to the capital markets. States with abundant natural resources, that aren't dependent on the financial services industry and didn't have home prices escalate wildly are expected to hold up the best. Also in the same category are Alaska, Colorado, New Mexico, Texas and Wyoming. Moody's gave negative credit outlooks to six states: Florida, Kentucky, Nevada, Ohio, Rhode Island and Wisconsin.


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