Local Economic Climate

For the 11th year in a row, both Moody's and Standard & Poor's credit rating agencies have reaffirmed Richardson's "Triple A" status, the highest possible rating available for credit worthiness. Richardson has held AAA status from Standard & Poor's for 11 years now, and this is the tenth year in a row the City has received an Aaa rating from Moody's. Moody's rating places Richardson among the top 6.6 percent of rated cities in the nation and 2.8 percent of rated cities in Texas to hold Aaa status. It has given only six other cities in Texas the same designation.

 

Standard and Poor's AAA rating places Richardson among the top 5.8% of rated statewide communities, and Richardson is one of only six communities in Texas to hold both a Aaa and AAA rating from both agencies.