U.S. State Ratings Largely Stable as New Budget Year Begins
Country Risk / United States / Fri 19 Jan, 2018
Forty-six states begin a new fiscal year on July 1, and the vast majority will do so with a Stable rating outlook.
The majority of Fitch's U.S. state rating outlooks are Stable and expected to remain so. The two states with Negative Rating Outlooks (Illinois and Pennsylvania) and the one state with a Positive Rating Outlook (Hawaii) reflect