December 18, 2017 / 6:01 PM / a year ago

BRIEF-Fitch Says "Other Connecticut Cities Not Likely To Follow Hartford's Path"

Dec 18 (Reuters) - Fitch:

* FITCH SAYS “OTHER CONNECTICUT CITIES NOT LIKELY TO FOLLOW HARTFORD’S PATH”

* FITCH SAYS LIKE HARTFORD, LEVEL OF AVAILABLE RESERVES FOR CITIES SUCH AS NEW HAVEN AND BRIDGEPORT TO WITHSTAND FUTURE ECONOMIC DOWNTURNS IS LOW

* FITCH SAYS MANY OF CONNECTICUT’S LOCAL GOVTS DON’T HAVE PRACTICAL REVENUE CONSTRAINTS AS HARTFORD DUE TO STRONGER DEMOGRAPHICS, LESS RELIANCE ON STATE ASSISTANCE Source text for Eikon:

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