CHICAGO – The quick ratification of new contracts by orchestras in Atlanta and Chicago after short labor stoppages bolsters the credit of each and casts a favorable light on the sector in general, Moody’s Investors Service said Friday.

The CSO’s contract expired Sept. 17 and musicians staged a brief strike that resulted in the cancellation of a weekend concert before an agreement was reached Sept. 24 and ratified on Sept. 26. Moody’s rates the orchestra A3 with a negative outlook.

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