The latest decision from S&P Global Ratings marks New Jersey's sixth credit rating upgrade in just over a year.
New Jersey’s credit rating has won two more upgrades from Wall Street’s major rating agencies, bringing the number of upgrades to three in just the past week and six since March 2022.on April 6, and that was followed by upgrades from Fitch on Tuesday and S&P Global a day later. In statements announcing the upgrades, the three agencies cited full pension payments over the past two years, as well as record surpluses and efforts to pay down debt and avoid new borrowing.’s $53.
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