South Dakota’s AAA Credit Rating Reaffirmed

S&P Global Ratings has reaffirmed South Dakota’s AAA credit rating, citing balanced budgets and consistent financial stability.

Governor Larry Rhoden praised the announcement as evidence of the state’s strong economy and fiscal discipline.

“South Dakota remains a leader among the nation – and our AAA credit rating is yet another sign of our strong, thriving economy,” Rhoden said.

S&P noted the state’s track record of operating surpluses and structurally balanced budgets as key strengths, adding that the outlook remains stable.

State leaders say low unemployment, conservative budgeting, and business-friendly policies will help sustain South Dakota’s long-term economic success.