The rating on Washington County, Md.'s bonds reflects: * A limited economic base, * A good financial position, and * Moderate but increasing debt. The county (population 127,200) is located in western Maryland and borders Pennsylvania and West Virginia. Steady growth in the trade and service sectors, which comprise 24% and 22%, respectively, of employment, has helped to offset the loss of automotive manufacturing jobs. The county has been able to attract new employers, including Staples (700 employees), while fostering existing business expansion. This economic expansion will help offset the closure of Fort Ritchie. By November 1998 the remainder will move to Fort Huachuca, Ariz. County unemployment decreased to 5.87% in 1996. Per capita money income remains below state (71%)
