Fitch affirms Martin County’s gas tax revenue bonds at ‘AA-‘; outlook stable

(Source: Federal Reserve Economic Data)

Business Wire reports that Martin County’s local economy is based mainly in agriculture, health care and tourism. The largest private sector employers in the county include Martin Memorial Health Systems (2,825), Publix (1,276), IVOX Solutions (532), and TurboCombuster Technologies (420). The 9.4% unemployment rate recorded in September 2012 was down from 11.2% a year prior due to a combination of job growth and labor force contraction. However the unemployment rate remains higher than both the state (8.6%) and the nation (7.6%) during the same month.

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