The rating on Cuyahoga County, Ohio's limited-tax GO bonds reflects: A large and diverse economic base home to the city of Cleveland, Solid financial operations with strong reserve levels, and A moderate debt burden. Offsetting factors include ongoing cost pressures in the areas of social services and criminal justice, which will test county management to achieve programmatic goals while maintaining a strong financial position. The county's economy continues to perform well, reflective of the overall strength of the national economy. Job growth continues to be led by the service, health care, and financial sectors, although manufacturing remains a significant component of the Cleveland area economy. With steady employment gains each year since 1993, the county's unemployment rate is well below
