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Moody's Upgrades Pennsylvania's Credit Rating to Aa2, Citing Shapiro Administration's 'Sound Fiscal Management', 'Steady' Economic Growth
October 09, 2024
HARRISBURG, Pennsylvania, Oct. 9 -- Gov. Josh Shapiro, D-Pennsylvania, issued the following news release on Oct. 8, 2024:

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The upgrade from Moody's is the second credit rating upgrade in two years -- after Fitch Ratings upgraded the Commonwealth's credit rating last November -- giving the Commonwealth its highest credit rating in more than a decade.

Ratings upgrade raises the possibility of additional taxpayer savings after last year's upgrade resulted . . .

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