S&P Downgrades Beaver County’s Credit Rating – Has A “Negative Outlook” Due To “Persistent Deficits”

The financial services agency Standard & Poor’s (S&P) has downgraded Beaver County’s credit rating and says there is a one-in-three possibility it may do so again due to the county’s “persistent deficits.” Headquartered in Manhattan, S&P publishes financial research and analysis and is considered one of the “Big Three” credit-rating agencies. S&P is most widely…