Business and Economy

Business and Economy
7:04 am
Mon May 20, 2013

Gov. Hassan Kicks Off Manchester Small Business Week

Governor Maggie Hassan will be in Manchester this afternoon to kick off small business week in Manchester.

She will speak at an event at noon at the Derryfield Country Club.

The event also includes a panel discussion featuring local business leaders.

The third annual Manchester Small Business Week is sponsored by the city’s economic development office.

It features a series of programs and events meant to ensure small business owners have the resources and information they need.

Business and Economy
6:59 am
Mon May 13, 2013

Survey: Perception Of New Hampshire Economy Unchanged In 2013

After an improvement from 2011 to 2012, the perception of the New Hampshire economy has remained relatively unchanged over the past year.

That’s according to the latest Business and Industry Association Report on Consumer Confidence, conducted by the University of New Hampshire Survey Center.

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Business and Economy
10:34 am
Thu May 9, 2013

Millennium Gaming Unveils New Plan For Rockingham Park

Millennium Gaming co-CEO Bill Wortman explains the company's updated plan for Rockingham Park.
Credit Amanda Loder

After first proposing a $450 million dollar casino at Rockingham Park, Millennium Gaming is now proposing a complex costing, in their words, “north of $600 million.”  The redesigned project was unveiled at a Town Hall meeting last night in Salem.

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Business and Economy
4:26 pm
Wed May 8, 2013

Pennsylvanians Tout Casino Benefits To N.H. Lawmakers

Larry Maggi makes the case for a casino to lawmakers at a lunchtime presentation at the Holiday Inn in downtown Concord
Credit Amanda Loder / NHPR

Millennium Gaming brought leaders from Washington County, Pennsylvania to Concord to tout the benefits of a casino to lawmakers at a lunch meeting today.  Millennium runs The Meadows casino and racetrack in Washington.  If New Hampshire allows a casino at Rockingham Park, Millennium would develop it. 

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Business and Economy
6:04 pm
Fri May 3, 2013

Sturm, Ruger Announces Plans To Expand Out-Of-State

Credit Amanda Loder / NHPR

It’s been a busy few years for Sturm, Ruger…so much so, the company is looking to start another factory out-of-state. 

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Business and Economy
3:07 pm
Thu April 25, 2013

Broadcast TV On Digital Devices Comes To N.H. Counties

Beginning next month, New Hampshire residents will be able to watch broadcast television on their digital devices, thanks to a controversial new service called Aereo, which is now expanding to Boston and beyond. 

A subscription costs a dollar a day, or 8 dollars per month, and will be available in Belknap, Cheshire, Hillsborough, Merrimack, Rockingham and Strafford counties beginning May 15th. Those who have not subscribed already can do so beginning May 30th.

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Business and Economy
2:31 pm
Wed April 24, 2013

Three N.H. Tech Companies Receive Granite Fund Venture Capital

Funders and recipients gathered with Governor Hassan at the State House.
Credit Emily Corwin / NHPR

  Three New Hampshire companies are receiving capital from a New-Hampshire centered venture fund backed by the state and managed by Borealis Ventures.  Get the backstory on the Granite Fund at StateImpact New Hampshire.

 The funds are going to Mosaic Archives, a cloud-based photo storage startup in Manchester;  Dyn – the fast-growing internet infrastructure company; and Avitide, a Lebanon-based bio-pharmaceutical company.

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Business and Economy
5:26 pm
Tue April 23, 2013

Sequestration Hits Long-Term Unemployed In NH

The automatic federal budget cuts known as “Sequestration” will soon hit the long-term unemployed in New Hampshire.  People who remain jobless for more than 26 weeks are eligible for federally-funded emergency unemployment benefits. 

And those benefits will soon be cut.

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Business and Economy
11:41 am
Tue April 23, 2013

Economic Tensions Fuel Disagreement Between Car Makers and Dealers

Scott and Paul Holloway at Holloway Buick and GMC dealership in Portsmouth
Emily Corwin NHPR

As competition in the auto industry heats up, car makers are tightening their image and branding campaigns. But car dealers -- who feel financially vulnerable despite soaring profits -- say manufacturers are expecting them to pay too much of the price.

In New Hampshire, dealer organizations are behind a bill that would protect them from what they see as exploitation by manufacturers. Manufacturers argue that government shouldn't interfere with their private business contracts. The bill won near-unanimous support in the Senate, and is now being considered by the House.  

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Business and Economy
4:27 pm
Tue April 16, 2013

State Unemployment Rate Decreases Slightly

The unemployment rate in New Hampshire went down slightly last month, according to a preliminary report from the state.

The state's unemployment rate for March decreased to 5.7 percent last month from February’s 5.8 percent, according to economist Annette Nielsen at NH Employment Security:

It’s been pretty stable over the last few months so just a little in the right direction – is good!

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Business and Economy
2:01 pm
Sun April 14, 2013

High Demand Drives Up Prices At Concord Gun Show

Emily Corwin NHPR

About 300 vendors are selling firearms at the Concord Gun Show this weekend. NHPR’s Emily Corwin was there.

The parking lot of the Everett Ice Arena is packed with cars, as a steady stream of gun enthusiasts line up for this weekend’s Concord Gun Show.   According to the National Shooting Sports Foundation pending legislation is fueling consumer demand for firearms and ammunition.

At the gun show, buyers say they see that reflected in high prices, especially for ammunition.  

And, attendees say turnout is high:

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Business and Economy
3:29 pm
Sun April 7, 2013

145 Businesses Pitch Their Products At Made In N.H. Expo

The Skinny Towel & Washcloth Company's owners, husband and wife team Michelle and Marty O'Donnell, dressed as their company mascot.
Emily Corwin NHPR

More than 10,000 people filed into the Manchester Radisson’s Expo Center this weekend to taste test, try on, and purchase products made by 145 New Hampshire companies. 

Stretch’s Pickles of Keene was one of those businesses.

Owners Glenna and Craig Hjelm say both Craig’s parents and their kids pitch in to make the business thrive:

It’s all in the family, our website was created by one of our sons, they all help out at the farmers markets, boxing pickles, picking cucumbers, everything.

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Business and Economy
7:30 am
Fri March 29, 2013

N.H. Entrepreneurs Launch Social Network For The Prayerful

Jamie Coughlin co-founded PlusGrace with his brother, Adam. He also runs the abi Innovation Hub in downtown Manchester.
Credit Amanda Loder / NHPR

Billions of Christians around the world are in the midst of Holy Week observances in the run-up to Easter.  Many of these rituals have been in place for centuries. 

But how does an ancient faith adapt to the age of the internet, social networks, and smartphones? 

So far, the answer is “slowly.” 

But a pair of New Hampshire entrepreneurs hope they can speed up the process. 

It’s fitting that the idea for a prayer-based social network came to Jamie Coughlin and his brother Adam while they were parked on a pew at Mass.

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Business and Economy
3:17 pm
Thu March 28, 2013

Granite Staters Commute Longer Than Most, Paying Quarter Billion In Income Taxes To Massachusetts

Most common commutes to Boston from New Hampshire towns. Data from Census Bureau's American Community Survey.
Sara Plourde

At 6:15 every morning, Christine Suchecki leaves her house in Windham, NH, and spends the next hour and twenty minutes driving almost 40 miles to her job as a nurse in Boston. Her husband drives in a similar direction, to Waltham, MA. “We just look at it as either you’re going to pay financially in your proximity to the city, or with time in your commute,” Suchecki says.

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Eco Business
7:30 am
Wed March 6, 2013

Green Business Initiative Sees Rewards, But Faces Challenges

EnerTrac founder and CEO Steve Owens holds customer meters his GLP company will design special monitors for.
Credit Amanda Loder / NHPR

A taxpayer-funded eco-business program is paying off for New Hampshire.  The Green Launching Pad at the University of New Hampshire has given grants to more than a dozen start-ups in the state.  But it hasn’t awarded any new funds since last year.

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