Bond rating agencies: NH has 'strong state economy'

The nation’s three largest bond rating agencies have held New Hampshire’s rating steady, reflecting a "fundamentally strong state economy." Standard & Poor’s, Moody’s Investor Services, and Fitch Ratings all maintained the state’s above average ratings, both for this bond issue and the state’s long-term outlook.

Standard & Poor’s affirmed the state’s AA/Stable rating based on "the state’s strong income levels and relatively low unemployment, and low debt burden." Moody’s maintained a Aa1 rating because of New Hampshire’s "fundamentally strong state economy that has outperformed the nation during the current downturn" and its "wealthy demographic profile." Fitch’s rating of AA+ reflected "New Hampshire’s economic strength and resiliency and conservative debt position."

Thanks to NH Watchdog for the info!