BRADENTON, Fla. — Fitch Ratings late Thursday placed a negative outlook on Florida’s full faith and credit bonds as well on its facilities pool revenue bonds, citing the severity of the deterioration in the state’s economy and revenues.

“Florida’s recent poor economic performance, one of the most negative of the states, reflects the state’s severe housing market correction,” Fitch said.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.