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South Dakota maintains AAA credit rating

South Dakota has maintained its AAA credit rating.

The state’s diverse economy, strong reserves and history of a balanced budget continue to keep the rating strong, according to Fitch Ratings. AAA is the highest rating the organization awards.

A state’s credit rating is similar to a personal credit score. A better rating makes it easier to get loans – and to get better interest rate on those loans.

"South Dakota's conservative fiscal policies work. They make our people more prosperous and our government more efficient- and this rating reaffirms those facts," said Governor Kristi Noem.

Ryan is the local host of "Morning Edition". Originally from Iowa, he first came to the Black Hills to study at SD Mines. After graduating in 2019, he was an educator in Arizona and North Dakota before returning to the Black Hills.