Business and Economy

The Two-Way
11:51 am
Wed March 7, 2012

Economy: Gains In Productivity Slow; Private Sector Adds 216,000 Jobs

Originally published on Wed March 7, 2012 9:10 am

We have two pieces of economic news this morning:

-- First the Labor Department announced that while American workers were more productive at the end of last year, the gains in productivity slowed. The AP reports that could "signal that companies are ready to hire more workers."

The AP adds:

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Around the Nation
12:01 am
Tue March 6, 2012

As Elkhart's Electric Dreams Fizzle, RVs Come Back

Clinton Lehman, who had been unemployed for nine months before being called back to work, assembles a recreation vehicle at the Jayco factory in Elkhart, Ind., in 2011.
Mira Oberman AFP/Getty Images

Originally published on Tue March 6, 2012 12:13 pm

Elkhart, Ind., is known as the RV capital of the world. The city suffered badly when the recession hit and demand for recreational vehicles all but screeched to a halt. That's when local and state leaders started looking for ways to bolster the area's manufacturing industry.

The unemployment rate in the city along the Michigan border eventually soared to 20 percent — the highest in the nation at the time.

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Business
3:41 am
Mon March 5, 2012

Are Tax Breaks The Right Move For Manufacturing?

A welder at Specialty Fab in North Lima, Ohio, works March 1 on a piece of a compressor skid frame that is bound for the Ohio Shale project. Manufacturing companies such as Specialty Fab could receive tax breaks if a proposal from the Obama administration goes through.
Jim Watson AFP/Getty Images

Originally published on Fri March 9, 2012 10:51 am

The White House says restoring the U.S. manufacturing sector is an essential part of getting the economy back on track.

GOP candidate Rick Santorum wants to see tax breaks for manufacturing companies, and the Obama administration proposed something similar last week. But economists say tax breaks may not be the best way to help manufacturers right now.

Over the years, the steady loss of good factory jobs is a big reason why wages have stagnated for people who never went to college, says Dean Baker, co-director of the Center for Economic and Policy Research.

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StateImpact
11:44 am
Fri February 24, 2012

Thirty Years Of Low Child And Senior Poverty In NH

Originally published on Fri February 24, 2012 11:44 am

We’re all about cool maps at StateImpact, and we just couldn’t resist sharing this one on the changing face of child and senior poverty over the past 30 years.  Demographer Kenneth Johnson at the Carsey Institute recently crunched some 2010 Census data, and working with a team at

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StateImpact
3:35 pm
Wed February 22, 2012

Why One Reporter Says There’s No “Skills Gap” In Manufacturing, After All

Machinist at GE Aviation in Hooksett, NH. Reporter Lila Shapiro says talk of a "skills gap" in manufacturing is overblown.
Photo: Amanda Loder StateImpact-NH

First of all, if you haven’t read

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Business and Economy
3:41 pm
Tue February 21, 2012

Senate Weighs Tax Credits for Workforce Development

Ross Gittell testifies before the Senate Ways and Means Committee.
Sam Evans-Brown

 

The New Hampshire Senate is considering a bill aimed at reducing the so-called  "skills gap". The bill would offer tax credits to businesses that partnered with the community college system to create workforce training programs.

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StateImpact
1:49 pm
Fri February 17, 2012

Why Home Care Workers Aren't Guaranteed Minimum Wage

Recently, the Obama Administration announced plans to change Labor Department rules so that home care workers–personal care aides and home health aides–are guaranteed federal minimum wage and overtime pay.

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StateImpact
12:33 pm
Fri February 17, 2012

How Communities Are Reclaiming Vacant Malls

Since the economic collapse, the commercial real estate market has been faced with a glut of vacant buildings. And that chief icon of American consumerism–the shopping mall–hasn't been spared. But that's not to say these massive markets can't be reclaimed. Recently, NHPR's Word of Mouth host Virginia Prescott dished with a New York Times reporter about the rising trend of "repurposing" the American mall.

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StateImpact
12:51 pm
Thu February 16, 2012

Seven Takeaways From The Carsey Institute's Report On Raising Wages For Home Care Workers

By far, our most popular post to date is a map we created using federal data on which states offer minimum wage and overtime guarantees to home health workers, and which don't.

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StateImpact
3:03 pm
Tue February 14, 2012

Key House Committee Considers Expanded Gambling Bill

The debate over the economic impacts of HB 593 (or "The Casino Bill," if you will) continues. As Kevin Landrigan of the Nashua Telegraph reports, discussion of the bill continued Monday, when the House Ways and Means committee listened to about three hours of public testimony:

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StateImpact
11:32 am
Tue February 14, 2012

How State Budget Cuts Affect Your Property Taxes

Originally published on Tue February 14, 2012 11:32 am

A new report finds that Granite State communities are leaning more and more heavily on property taxes. Examining data from 2007–2010, the New Hampshire Center for Public Policy Studies found:

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StateImpact
11:49 am
Mon February 13, 2012

Where NH Residents Depend On Government Benefits The Most

Perhaps unsurprisingly, small government–at all levels–is something of a signature issue in the "Live Free or Die" state.

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StateImpact
11:58 am
Fri February 10, 2012

For Profit Cancer Center Comes To NH to Make Its Case to Lawmakers

Cancer Treatment Centers of America is eyeing a spot in New Hampshire. The for profit chain wants to build a hospital in the Northeast.

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Liveblog: House Right to Work
12:12 pm
Thu February 9, 2012

Three Things To Expect At Today's Right-To-Work Hearing

The House Labor, Industrial and Rehabilitative Services Committee has already heard a number of controversial bills targeting collective bargaining. And unions have responded in force.

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StateImpact
3:55 pm
Wed February 8, 2012

Home Foreclosures Spiked In December

A new report released by the New Hampshire Housing and Finance Authority shows home foreclosures spiked in December 2011–up 35 percent from that November.

Jane Law of the Housing Authority says foreclosures have been declining since their peak in 2010, and December's jump might be an anomaly,

"The biggest factor is just mortgage companies are just kind of clearing out some inventory before the end of the year, which is the end of their tax year usually."

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StateImpact
3:31 pm
Tue February 7, 2012

Tracing The Great Recession And Recovery Through Help Wanted Ads

Originally published on Tue February 7, 2012 3:31 pm

After years of speculation on a "jobless recovery," finally, things could be looking up–at least for the moment. This week, the Bureau of Labor statistics reported some serious gains on the national jobs front for January, with the creation of 243,000 jobs.

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StateImpact
5:45 pm
Mon February 6, 2012

Some Key Arguments For--And Against--Making PSNH Sell Off Its Generating Facilities

One of the big issues in the New Hampshire business community this legislative session is the push to continue deregulating utilities. The state's current power regulation model is something of a hybrid between old-fashioned regulation and deregulation.

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StateImpact
2:59 pm
Thu February 2, 2012

How Dodd-Frank Regulations Affect You (Trust Us, They Will)

One of the key consequences of the economic collapse a few years ago was the passage of a massive piece of legislation called the "Dodd-Frank Act." The bill was co-sponsored by (now-retired) Democratic Senator Chris Dodd of Connecticut and (soon-to-be-retired) Democratic Massachusetts Representative Barney Frank.

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StateImpact
2:15 pm
Wed February 1, 2012

Breaking Down NH's Manufacturing Economy By County

Given that manufacturing got prominent play in the State of the State address and is a key piece of President Obama's new jobs initiative, StateImpact's in full-on da

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StateImpact
11:33 am
Wed February 1, 2012

Why The Telephone Pole Tax Matters

We'll admit it: The telephone pole property tax sounds like a dry topic for the 2012 Legislative session at first glance.

And at second glance, for that matter.

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StateImpact
2:13 pm
Mon January 30, 2012

How NH's Manufacturing Sector Stacks Up To Its Neighbors'

Recently, the White House has had manufacturing on the brain.

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Business and Economy
3:13 pm
Fri January 27, 2012

Breaking Down Who Does–And Doesn’t–Support Eminent Domain For Northern Pass

While a majority of poll respondents opposed Northern Pass, we noticed some interesting variations in the data
Chris Jensen NHPR

 

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Business and Economy
2:49 pm
Fri January 27, 2012

It's Earned Income Tax Day, Who Knew?

David Rebber via/ Flickr Creative Commons

There’s National Pi Day...that’s P-I for the mathematicians.

There’s talk like a Pirate Day....ARRRGH... and then there’s today- January 27th, the IRS’s Earned Income Tax Credit Day.

Who knew?

Usually infomercials sound too good to be true, right?

“The Ginsu 2000 can saw a lead pipe and still slice a tomato like this. The legend is back..” 

You expect this kind of shtick from a company peddling steak knives.

But the IRS?

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StateImpact
5:08 pm
Mon January 23, 2012

Will Northern Pass Create Jobs? It Depends On Which Study You Believe

Originally published on Mon January 23, 2012 5:08 pm

One of the main questions that lingers over Northern Pass is: Will it create jobs, especially in the struggling North Country?

And, befitting the layers of controversy surrounding the project, the simplest answer won out.

It depends on who you ask.

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Books News & Features
8:36 am
Mon January 23, 2012

Publishers And Booksellers See A 'Predatory' Amazon

iStockphoto.com

Originally published on Mon January 23, 2012 11:00 am

Booksellers and publishers are worried that Amazon is going to devour their industry. The giant online retailer seems to have its hands in all aspects of the business, from publishing books to selling them — and that has some in the book world wondering if there is any end to Amazon's influence.

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December home sales
3:56 pm
Thu January 19, 2012

Wanted: A Clear Trend in Home Sales

Home sales in New Hampshire remained about even with last year. About 200 more homes changed hands in 2011 than in 2010. Prices continued to slide. The median sales price was about $201,000, or about 6 percent less than the year before. The latest numbers from the New Hampshire Association of Realtors leave it unclear where the market is headed. There are some signs of improvement. Between November and December, prices held steady and at least from one month to the next, the number of homes sold rose by about 8 percent.

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Business and Economy
4:51 pm
Wed January 18, 2012

3 Companies Selected for Stimulus-funded Green Launching Pad

Governor John Lynch announced Wednesday that three manufacturing companies will participate in the latest round of the Green Launching Pad.

The stimulus-funded Green Launching Pad is a partnership between UNH and the state designed to develop businesses, bring new products to market, and create jobs.

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StateImpact
10:12 am
Mon January 16, 2012

Best Of StateImpact: Why The NH Lottery's Revenues Are Down--And Why It Matters

Originally published on Mon January 16, 2012 10:12 am

One of our most popular on-going series has been "Losing The Lotto," our continued look at the facts, figures, and people behind the New Hampshire Lottery.

Losing The Lotto: What The New Hampshire Lottery Pays For: Our first installment of the series tackles the basics of what you need to know about how the state lotto works and maps its steady revenue decline over the years.

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Around the Nation
8:44 am
Sat January 14, 2012

The Income Gap: Unfair, Or Are We Just Jealous?

Occupy Wall Street members stage a protest march near Wall Street in New York in October. Paul Taylor of the Pew Research Center says the movement has "crystallized" the idea of economic disparity.
Emmanuel Dunand AFP/Getty Images

Originally published on Sat January 14, 2012 9:56 pm

The widening gulf between the rich and everyone else is a growing source of tension in America.

A new survey from the Pew Research Center finds the income gap is now seen as a bigger source of conflict in the U.S. than race, age or national origin. That's why some believe the issue could matter in the presidential campaign, and others worry it could warp the national debate.

Two out of three Americans now perceive strong social conflicts over the income gap — up sharply from two years ago. Paul Taylor of the Pew Research Center has an idea what's behind the increase.

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StateImpact New Hampshire
5:34 pm
Fri January 13, 2012

Q&A: Outgoing Stonyfield CEO on the Organic Business Model, His Political Future and Agent Orange

Gary Hirshberg has spent half his life at the helm of Londonderry-based Stonyfield, growing the brand from a small dairy farm to the world's top organic yogurt manufacturer, employing 470 people.*

Now, after 28 years, Hirshberg's stepping down from his position as CEO (or "CE-Yo," as the position's been dubbed at Stonyfield).

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