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Business and Economy

Agencies Give Maine Stable Credit Ratings After More Than A Year Of Pandemic

Virus Outbreak Maine
Robert F. Bukaty
/
AP
This Thursday, May 28, 2020 photo shows Main Street in Rockland, Maine.

AUGUSTA, Maine (AP) - Maine's credit rating has emerged unscathed during the pandemic, with two major credit-rating agencies affirming the state's financial health.

Officials said Monday that Moody's Investors Service and S&P Global Ratings gave the state solid marks for its performance.

Democratic Gov. Janet Mills said the stable ratings demonstrate that Maine "is in a solid financial position, our economy is recovering and our state is a worthy investment."