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Connecticut Ranks Last Among 50 States In Credit Analysis By Conning

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Connecticut took a “nose dive” to last place in a report assessing the credit quality of all 50 states released Tuesday by Conning, Inc., a Hartford-based asset manager that does financial research for insurers and institutional investors.

The report took a scathing view on the state’s rising unemployment, declining home prices, high debt per capita and other factors, though state officials resisted the notion that Connecticut’s credit is the worst in the country.

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