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Tue, 05/25/2021 - 11:45am
AUGUSTA Governor Janet Mills and State Treasurer Henry Beck announced Monday that Moody’s Investors Service and S&P Global Ratings, global companies that analyze and issue reports of credit worthiness, have affirmed Maine’s strong credit ratings and stable outlooks on the State of Maine’s general obligation debt.
Moody’s affirmed both their Aa2 rating and stable outlook while S&P affirmed their AA rating and stable outlook.
In its affirmation, S&P praised Maine’s “active budget management” and the State’s “steady progress in strengthening its reserve profile” while noting that the State’s cash pool is “very good.”
Economist to speak at North Clackamas Chamber event
John Mitchell: With continuing uncertainty, we will come back in a different place
North Clackamas Chamber of Commerce will host economist John Mitchell for a Zoom forum at noon Tuesday, March 30.
Mitchell s presentation titled Infection, Recession, Restoration will cover the outlook, risks and some longer-term implications of how the 2020 pandemic and our response to it resulted in an unanticipated recession with disparate impacts on different sectors of the economy and society. He noted that policy makers continue to respond to the pandemic forcefully with both monetary and fiscal measures.
While all 50 states went through a period of employment declines, Oregon s job growth went from the top tier to the middle of the pack, according to Mitchell s analysis.