North Carolina Maintains Top AAA Bond Rating Across Major Agencies

The state's strong fiscal management and economic growth contribute to its elite credit status.

North Carolina is one of only 13 states with an AAA rating from all three major national bond rating agencies: S&P Global Ratings, Moody’s Investors Service, and Fitch Ratings.
S&P Global Ratings highlighted the state's tax reforms and strong fiscal management as pivotal to its positive outlook.
The state has transformed a significant budget deficit into a surplus over the past 15 years, showcasing effective financial governance.
North Carolina's economic growth, diverse employment sectors, and well-funded pension system support its strong credit profile.
Republican Treasurer Dale Folwell credits the taxpayers and the General Assembly for maintaining the state's fiscal health, despite his unsuccessful gubernatorial bid.