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Oil downturn effects in Texas mitigated by diverse economy

Posted by: In: Industry Insights 14 Jan 2015 Comments: 0

Global ratings agency Fitch Ratings today announced that Texas’ diverse economy will help weather the recent oil downturn. A Barron’s article published the commentary and stated that that loss in oil revenue will have a minimal impact due to the well diversified economy of the state as well as increased consumer spending.

View the Barron’s coverage of the report .

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