Delaware Earns AAA Credit Rating for 16th consecutive year
Delaware once again has earned the highest mark a government agency can achieve- a triple-A credit rating. From all three major rating agencies no less. Moody’s Investors Service, Fitch Ratings, and Standard & Poor’s Rating Services have recognized the state’s fiscally responsible approach and strong fiscal practices, as well as the strength of Delaware’s economy and labor market.
True, there has been a lot of turmoil in the labor markets of late (just ask 1700 recently unemployed/former DuPonters), however, the reports take into account expected workforce reductions in the first quarter of 2016- specifically the DuPont merger with Dow Chemical, while highlighting positive trends and continued growth in other employment areas – including business services, financial activities, education, health, leisure and hospitality.
In its analysis, Standard and Poor’s pointed to Delaware’s “diverse economy,” “strong financial and budget management,” “consistently strong general fund reserves,” “moderate overall debt burden,” and “well-funded pension system.”
Not too shabby.
- DBE/Minority Business Breakfast this Friday, February 19, 2016
- Delaware Keeps 2 out of 3 Corporate Headquarters from the Dow-DuPont Merger
AAA located in Dover, De. left me with a bad taste in my mouth for the last time. I called twice to talk to management on exchanging USD for EURO’s. I asked twice if any other charges would be charged in addition to the exchange rate? Both times I was assured there was no other charges. I ran across town (8 miles ) to process the order and as soon as the process started some “Cross Eyed Dumb Ass” tells me me there is a extra $50 charge. Get some employee’s that are in the know versus what you have!