Business and Economy

Business and Economy
5:08 pm
Tue December 27, 2011

Expansion Could Give Nashua Airport Economic Boost

Nashua Airport
Photo: Sheryl Rich-Kern

Some sectors of the New Hampshire economy are taking longer to rebound from the recession.

Particularly industries that rely on discretionary income, like many of the 20 small airports in the state.

Nashua’s Municipal Airport is one of the state’s oldest and busiest.

But it’s been years since this airport operated to its capacity.

Now a new $16 million construction project may give the airport the economic lift it needs.

It’s a cold, but sunny December morning at the Nashua Municipal Airport, also known as Boire Field.

Read more
StateImpact
11:18 am
Tue December 27, 2011

Federal Block Grant to Aid Renovation Project in New Hampshire Town

A New Hampshire developer plans to renovate two mostly-abandoned apartment buildings in Franklin and turn them into affordable housing for working class families. The company, New England Family Housing, plans to buy the 30-unit building for $615,000.

Read more
November Housing
3:01 pm
Thu December 22, 2011

Housing Market Edges Down

Often, when prices go down, the number of properties sold goes up.  That was the general story during the past four months.  Not in November.  The median price dropped a bit to about  $193,000 and the number of sales ticked down about 2 percent.  Sellers are getting about 5 percent less than they did a year ago.

The realtors’ association says the latest data point to a market that is slowly stabilizing.  The number of foreclosures is headed down.  Analysts say in a year or so, the market will have worked through many of those lower priced homes.

StateImpact
4:12 pm
Tue December 20, 2011

Questions Over I-93 Funding Creates Economic Uncertainty

The state commissioner of transportation warns that if the federal government moves ahead with a plan to cut $40 million of New Hampshire’s yearly highway funds—the completion of I-93 will be placed on hold, indefinitely.  One portion that remains unfinished is exit 3 near Windham.

Many businesses there say the uncertainty of I-93’s future is hurting the local economy.

Read more
Business and Economy
10:30 am
Tue December 20, 2011

Part 3: Which NH Counties Won New Residents–And Lost Old Ones

Conventional wisdom says Portsmouth’s a draw for young professionals thanks to being the home of UNH and a number of innovative tech start-ups
drocpsu

One of our most popular drop-in series at StateImpact has been our county-by-county glimpses at migration rates.  Our work is based on  a map generated by Jon Bruner of Forbes.  (We still recommend you check it out.)  Using IRS data, Bruner traced where people in every county in the country were moving to–and from–between 2005 and 2009.

Read more
StateImpact
3:00 pm
Mon December 19, 2011

NH Personal Income Growth Double The (Modest) National Average

You could say personal income growth in Q3 was less about the Benjamins than about the Jacksons…
Thomas Hawk / Flickr

Lately, the US Bureau of Economic Analysis has been crunching numbers looking at so called “personal income” growth.  That figure includes all pre-tax income:  wages, salaries, dividends, annuities, Social Security checks…everything.

And for the third quarter of 2011, the growth was rather modest.  In its media release, the Bureau of Economic Analysis noted:

Read more
Third Quarter Personal Income
1:47 pm
Mon December 19, 2011

Incomes Grow Slightly Over the Summer

Personal income rose by just 2 tenths of a percent in the state.

Read more
StateImpact
12:39 pm
Fri December 16, 2011

Where This Year’s State Historic And Conservation Grant Money Is Going

Colonial Theatre project in downtown Laconia snagged the biggest grant
photo: Bev Norton / Flickr

Twenty-three conservation and historic preservation projects will be sharing just north of $1 million in state grants courtesy of New Hampshire’s Land and Community Heritage Investment Program (LCHIP).  Fourteen historic structures and more than 2,800 acres of land ultimately qualified for funding.

Read more
StateImpact
10:21 am
Fri December 16, 2011

The States With The Best And Worst Wage Laws For Home Health Workers

View the interactive map here.
Source: White House Office of the Press Secretary

President Obama is pushing the US Department of Labor to move forward on a rules change that would raise wages and require overtime pay for home health workers.  According to a

Read more
StateImpact
4:00 pm
Wed December 14, 2011

Economics And Politics Clash Over NH Tax Revenue Forecast

Economist Dennis Delay presented this graph to lawmakers as one illustration of New Hampshire’s structural deficit
Dennis Delay / New Hampshire Center For Public Policy Studies

Yesterday, StateImpact liveblogged the Joint Economic Session.  Members of the House and Senate Finance and Ways and Means Committees gathered for hours to hear economists offer projections on where the global, national, and state economies are headed in 2012.

Read more
November Jobs
4:25 pm
Tue December 13, 2011

State Job Numbers Improve

The state’s unemployment rate fell one tenth of a percent in November.  The current rate of 5.2 percent, seasonally adjusted, came with strong growth in the retail sector.

The jobs that come with selling stuff delivered over 3,000 new jobs in November and strictly speaking, more than just Christmas shopping drove the numbers.  Seasonal  adjustments are designed to filter out that sort of impact.

Read more
Liveblog
1:25 pm
Tue December 13, 2011

Liveblog: Joint Economic Session

Still No Job: Over A Year Without Enough Work
4:03 pm
Mon December 12, 2011

The State Of The Long-Term Unemployed

People wait to see a career adviser at a training center operated by the New York Department of Labor in New York City. NPR and the Kaiser Family Foundation conducted a survey on the emotional, physical and financial effects of being without work for a year or more. Nearly 70 percent of respondents would like the government to offer more job training opportunities.
Spencer Platt Getty Images

Originally published on Mon December 12, 2011 12:02 pm

Millions of Americans wake up each morning without a job, even though they desperately want to work. It's one of the depressing legacies of the financial crisis and Great Recession.

NPR and the Kaiser Family Foundation conducted a poll of people who had been unemployed or with an insufficient level of work for more than a year. The results document the financial, emotional and physical effects of long-term unemployment and underemployment.

Read more
StateImpact
10:30 am
Mon December 12, 2011

How Defense Cuts Hurt New England Lobstermen–And Maybe Even Lowered Lobster Prices

Defense spending comes to states in many forms…including lobster.
Tup Wanders Flickr

Late last week, we posted a cool infographic, courtesy of the journalists at Stateline, taking a look at the percentage of each state’s GDP that’s made up by federal spending.  The group then subdivided federal spending into defense-related spending and everything else.

Read more
StateImpact - live blog
12:47 pm
Fri December 9, 2011

Liveblog: Next-Generation Matters, A Forum On The Future

Pages