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Summary: Omaha, NE; General Obligation, Lease for a Revenue Group; General Obligation, Local GO; General Obligation, Local Lease; General Obligation, Local Limited Tax Nov 99 Product Image

Summary: Omaha, NE; General Obligation, Lease for a Revenue Group; General Obligation, Local GO; General Obligation, Local Lease; General Obligation, Local Limited Tax Nov 99

  • Published: November 1999
  • Standard & Poors

FEATURED COMPANIES

Abstract
The rating on Omaha, Neb.'s bonds reflects the city's broad and diversified regional economy, conservative financial management, and a manageable debt burden. Located in eastern Nebraska, Omaha (population 367,000) is the largest city in the state. The city serves as a regional economic center for the five-county Omaha MSA. Solid employment growth in services, trade, and manufacturing have augmented the stability provided by agri-business. Unemployment has been consistently below the state and national averages due to the city's diverse employment base. First Data Card, Union Pacific Railroad, and Mutual of Omaha are among the largest private-sector employers. The service sector is large with three hospitals, including the University of Nebraska Medical Center employing 14,600 in aggregate. The city also benefits...

Companies mentioned in this report are: Omaha
Action: New Rating

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Omaha

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