Ohio Receives Positive Rating Outlook from Fitch
September 16, 2021
This report is a summary of third-party economic research and perspectives to foster communication with business and economic development stakeholders.
Key Economic Insights
- Global: IMF member nations approved the largest resource injection in the fund’s history, allocating $650B to assist countries dealing with debt from the global pandemic.
- U.S.: U.S. Job Openings reached a new record in June, with available positions rising to 10.1M. New weekly jobless claims fell for a third straight period to 375,000.
- Ohio: Ohio’s bond rating and outlook was elevated to the highest level in 42 years, citing the state’s sustained trend of balanced finances and growth in reserves.