WASHINGTON -- More civilian employment was created than lost in the closings of military bases over the past three decades, but that may not happen in the current round, credit analysts at Standard & Poor's Corp. say.

"While [the] reuse process historically has been successful, current circumstances could make the transition more difficult," analysts said in yesterday's Credit Week Municipal.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.