U.S. public finance issuers produced a largely mixed credit landscape in 2024, according to the report "Five Takeaways From U.S. Public Finance In 2024: Uneven Credit Trends Emerge Amid Rising Uncertainty," published today on RatingsDirect.
The report lists U.S. public finance's major themes for the year as follows:
Better-than-expected growth stabilized ratings across most sectors. | |
• | Some sectors saw persistent bifurcated credit quality and others showed signs of weakening. |
• | Evolving risks (climate, cyber, and crypto) continued to test management teams. |
• | Heightened affordability issues could begin affecting domestic migration trends. |
• | Demographics will be a megatrend that could have more credit impact in 2025. |
This report does not constitute a rating action.
The report is available to RatingsDirect subscribers at www.capitaliq.com. If you are not a RatingsDirect subscriber, you may purchase a copy of the report by sending an e-mail to [email protected]. Ratings information can also be found on S&P Global Ratings' public website by using the Ratings search box at www.spglobal.com/ratings.
