The termination of NASA’s space shuttle program, primarily located at the Kennedy Space Center in central Florida, is a credit negative for Brevard County and surrounding areas, Moody’s Investors Service said in Monday’s Weekly Credit Outlook.

Although job losses at the center and related area businesses have been ongoing since 2004, when the termination of the shuttle program was first announced, the recent completion of the final mission in conjunction with the severity of the housing market crisis “could weigh heavily on an already sluggish economy,” said the report by analyst John Incorvaia.

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