US states positioned to ward off effects of a recession

Moody's Talks - Muniland

With flush rainy day funds and flexibility to cut costs, states are poised to avoid credit stress if a severe economic tailspin or even a recession takes hold. Plus, housing finance agencies’ credit quality remains strong, but the HFAs face challenges in the current economic environment.

Guests: Sunny Zhu, Assistant Vice President-Analyst, Moody’s Investors Service; Pisei Chea, Vice President-Senior Analyst, Moody’s Investors Service; Rachael McDonald, Associate Managing Director, Moody’s Investors Service; Omar Ouzidane, Vice President-Senior Analyst, Moody’s Investors Service

Host: Nick Samuels – Senior Vice President, Moody’s Investors Service

Related content on Moodys.com (some content only available to registered users or subscribers):

• States – US: Strong fiscal governance positions states to withstand high inflation, possible recession
• States – US: Debt, pension and OPEB liabilities all up in fiscal 2021
• State Housing Finance Agencies – US: HFAs are well positioned for continued solid performance in changing market conditions