S&P affirms 'AA+' credit rating for US, cites economic resilience

[BumRushDaShow]

Source: Reuters

June 26, 2026 4:40 PM EDT Updated 10 hours ago


June 26 - S&P Global affirmed its "AA+" credit rating for the U.S. on Friday, saying the economy's resilience supported ​solid fiscal revenue collection.

The ratings agency said it ‌expected the U.S. economy to grow at around 2% over 2026 to 2029, adding that despite heightened political polarization, strong ​institutions and the system of checks and balances ​will continue to anchor policy outcomes. "Broad revenue buoyancy, ⁠including solid tariff income, should help mitigate the risk ​of fiscal slippage," it said.

The U.S. economy grew faster than previously ​estimated in the first quarter, with the gross domestic product increasing at an upwardly revised 2.1% annualized rate. Economists polled by ​Reuters had expected that GDP growth would be unrevised ​at a 1.6% rate.

The boost to growth from lower imports was ‌partially ⁠offset by a sharp downgrade to consumer spending, which accounts for more than two-thirds of the economy. S&P, which became the first ratings agency to cut the pristine ​U.S. government rating ​in 2011, ⁠said the outlook on the U.S. rating remains stable.

Read more: https://www.reuters.com/world/us/sp-affirms-aa-credit-rating-us-cites-economic-resilience-2026-06-26/

[3Hotdogs]

1. Dunno - the last paragraph. If consumer spending drives 2/3rds of (appropriately named) G.D.P., increased cost of living

will surely limit discretionary spending.

[BumRushDaShow]

2. Most of the GDP is "consumer spending"

but the analysts I have heard attribute any GDP "increase", not to more buying, but to what you note - the increase in price of what is being brought!