Standard & Poor’s has a stable outlook on the municipal solid waste sector.

In the late 1990s and early 2000s “states passed a number of flow control and environmental laws that created demand for new facilities or updates to existing facilities to comply with the new standards,” wrote S&P credit analyst Corey Friedman. Most of the systems’ bonds were issued in this period, Friedman wrote in “Assessing U.S. Municipal Solid Waste Systems’ Credit Quality Means Looking Beyond the Numbers.”

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