WASHINGTON — Fitch Ratings sees no widespread threat to state ratings from efforts to cut the federal deficit or from a slowing economy. Both, however, “present much uncertainty and risk,” according to a report released on Thursday.
Fitch analysts have not taken a negative outlook on state finances in general. “I think most of our ratings have a stable outlook at the moment,” said Laura Porter, lead analyst on the report “U.S. Public Finance Credit View — States.”