Economy

The Exchange
9:00 am
Wed October 16, 2013

Deconstructing The Debt Ceiling

Credit SpeakerBoehner / Flickr Creative Commons

With a deadline looming for the US to hit its borrowing limit, and amid a lengthening partial federal shutdown, we’re looking at the latest efforts in Washington to resolve this, and also at the impact on our country and our state.

Guest:

  • Matthew J. Slaughter is professor and associate dean at the Tuck School of Business at Dartmouth College. He is also currently an adjunct Senior Fellow at the Council on Foreign Relations and a member of the Congressional Budget Office's Panel of Economic Advisers.
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NH News
3:31 pm
Wed October 9, 2013

Bipartisan Concern Growing About Economic Impact Of Shutdown In NH

Rep. Warren Groen, left, is joined by other House Republicans at a press conference in Concord Wednesday.
Credit NHPR / Michael Brindley

With the government shutdown now in its second week, there’s growing bipartisan concern in New Hampshire about the impact on state tourism and the local economy.

But there’s a difference of opinion on who’s to blame in Washington.

With Columbus Day weekend approaching, nearly two dozen campgrounds on federal land in the White Mountain National Forest remain closed due to the shutdown.

State Representative Warren Groen of Rochester says the state’s tourists and business owners are paying the price.

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Word of Mouth
9:35 am
Thu September 5, 2013

The End Of Paper Money?

Credit purpleslog via Flickr Creative Commons

In a down economy, most folks are happy to find a crumpled fiver in a jacket pocket, or fish out quarters to pay for parking.  Not David Wolman. David is a contributing editor at Wired magazine, and author of the book The End of Money, for which he attempted to spend a year without touching or passing any paper money.  We spoke David when the book was first released.  It’s being released on paperback in October.

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Word of Mouth
9:36 am
Tue August 27, 2013

Wages For Babysitters Rise While Other Sectors Remain Stalled

Credit Nick McPhee via flickr Creative Commons

The Department of Labor reports that last year’s national wage rate crept up only 2%, confirming what many US workers can already tell you: wages have stagnated. Not so for one high-demand job: babysitters. Over the past 30 years, teenage babysitting rates have risen nine times faster than the rate of inflation – commanding an average of $10 per hour. Depending on location and a sitter’s skill set, parents can shell out as much as $17 an hour for a night out. Megan Woolhouse covers the economy for the Boston Globe’s business section. Her article on babysitters making bank alerted us to this one sector of high wage growth.

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Word of Mouth
9:35 am
Tue August 27, 2013

The Problem With Restaurant Tipping

Credit Bryan Costin via flickr Creative Commons

How much tip do you typically leave for your server when you dine out? Maybe 20% if the service is good? 18% if you can do the math? The New York Post reported last year that many diners in that city leave a 25% to even 30% gratuity to their bill. Tipping is meant to incentivize and reward exceptional service, but a new movement proposes that the quest for the mighty tip is at the root of some problems in the restaurant industry. Bruce McAdams is a seasoned restauranteur and professor leading the Sustainable Restaurant Project at the University of Guelph in Ontario, Canada…he gave a Ted-X talk last year on the problems with restaurant tipping.

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Monadnock Summer Lyceum
3:00 pm
Sun August 25, 2013

Judy Wicks: Good Morning, Beautiful Business

Credit via Monadnock Lyceum

Judy Wicks will discuss her evolution as an entrepreneur and how she would not only change her neighborhood, but would also change her world – helping communities far and wide create local living economies that value people, nature and place more than money. Focusing on what it takes to marry social change and commerce, and doing business differently, Judy shows how entrepreneurs, as well as consumers, can follow both mind and heart, cultivate lasting relationships with each other and the planet, and build a new compassionate economy that will bring us greater security, as well as happiness

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The Exchange
9:00 am
Wed August 14, 2013

An Economic Update For The Granite State

The New Hampshire economy still is a good-news-bad-news scenario, athough a lot more good lately.  Unemployment ticked down in July, to five point-one-percent. Foreclosures ticked down as well, while home sales are roaring. But in the business world, a recent national study finds New Hampshire lagging in new business start ups, and construction is still sluggish.  We’ll look at the economy from all sides and what the future may hold.

Guests:

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Monadnock Summer Lyceum
3:00 pm
Sun July 14, 2013

Is There An America Beyond Capitalism?

Gar Alperovitz
Credit via monadnocklyceum.org

Gar Alperovitz calls for an evolution, not a revolution, into a new system that would democratize the ownership of wealth, strengthen communities in diverse ways, and be governed by policies and institutions sophisticated enough to manage a large-scale, powerful economy.

What is the next system? It is not corporate capitalism, not state socialism, but something else— something entirely American, something building on our pragmatic American “can do” spirit that is also sophisticated about what it will ultimately take to alter our corporate dominated system over time.

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The Exchange
9:00 am
Mon May 13, 2013

An Update On New Hampshire's Economy

Credit dataflurry via flickr creative commons

As the national economic mood picks up will New Hampshire join the party?  U.S. unemployment is tracking downward, the stock market is going up, and housing trends look strong in many parts of the country. Meanwhile, here in the Granite State, the recovery’s been steady but lackluster. We’ll look at where the economic promise and perils may be found, moving forward.  

Guests:

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Word of Mouth
9:40 am
Tue May 7, 2013

The Land Grabbers

Credit via indiebound.com

Large-scale acquisition in developing countries to secure food, natural resources and even altruistic motives is nothing new, but it’s grown exponentially in recent years. Recent estimates of how much land has been snapped up run from 120 to 560 million acres.

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All Things Considered
5:41 pm
Wed March 27, 2013

Boston's Fed President Sees Job Growth Ahead, But Plenty Of Economic Obstacles Too

Today four heads of Federal Reserve Banks gave public speeches about the economy – one of them was the president of the Federal Reserve Bank of Boston, Eric Rosengren.

In his speech at St. Anselm College, Rosengren said the Fed’s policies had boosted the economy, and he said he expected more slow job growth over the next few years.

Eric Rosengren talks with All Things Considered host Brady Carlson about the state of the US economy and our place in it.

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The Exchange
9:00 am
Tue March 12, 2013

Drifting Toward 'Downshifting'

A new report from the NH Center for Public Policy Studies shows that one of the biggest challenges facing cities and towns in the Granite State is reductions in state aid, while the demand for public services remains high.  This is even more amplified during our town meeting season as residents sort out what they can truly afford.  But some lawmakers argue that local control means local responsibility for funding these services.  We'll explore the arguments around this debate.

Guests

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NH News
2:50 pm
Tue March 5, 2013

Unemployment In N.H. Ticks Up To 5.8%

The unemployment rate in New Hampshire rose a tenth of a point to 5.8% in January. More than 43,000 Granite Staters remain out of work.

But Annette Nielsen, an economist with NH Employment Security, says the trend for the state is heading in the right direction.

Nielsen: “The economy is growing...we are adding jobs, so people are not discouraged. They are actually encouraged by that activity so that they are joining in bigger numbers, and attempting to find employment.”

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The Exchange
9:00 am
Mon March 4, 2013

New Hampshire's Frustration Over Sequestration

More than a year ago, Congress and the President agreed to these spending cuts, said to be so unpleasant they’d force leaders to craft a better deficit reduction plan.   Now, with the cuts set to begin, some predict a major hit to our economy but others believe that fear is exaggerated. We’ll get the latest and reaction in the Granite State.

Guests:

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The Exchange
9:00 am
Tue February 26, 2013

To Raise Or Not To Raise The Minimum Wage

President Obama has called for an increase in the federal minimum wage, and several New Hampshire Lawmakers have proposed raising it in the state as well. Supporters say this could help lift many out of poverty. But opponents warn it could lead to a loss of jobs. We’ll examine these arguments and how the economy might be affected.

Guests

Dave Juvet - Senior Vice President at the New Hampshire Business and Industry Association

Jeff McLynch – Executive Director of the New Hampshire Fiscal Policy Institute

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The Exchange
8:39 am
Tue February 26, 2013

New Hampshire's Minimum Wage Debate

Flickr Creative Commons via daniel.lilienkamp

To raise or not to raise the minimum wage? President Obama has called for an increase in the federal minimum wage, and several New Hampshire Lawmakers have proposed raising it in the state as well. Supporters say this could help lift many out of poverty. But opponents warn it could lead to a loss of jobs. We’ll examine these arguments and how the economy might be affected.

GUESTS:

Dave Juvet - Senior Vice President at the New Hampshire Business and Industry Association

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The Exchange
9:00 am
Fri February 15, 2013

Crunching The Numbers To Governor Hassan's Budget Address

Yesterday, Governor Maggie Hassan presented her priorities for state spending. It was a long list that included more funding for mental health, higher education, state troopers and a new women’s prison.  On the funding side – Hassan proposed a higher tobacco tax and Casino Gambling. But not everyone agrees that the numbers add up.  We’ll look at the details and where the budget battles go from here.  

Guests

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Firearms Manufacturing
2:15 pm
Wed February 13, 2013

Map: Where N.H.'s Gun Manufacturers Are (And Aren't)

At its Newport plant, Sturm, Ruger manufactures everything from newer assault rifles to old-fashioned revolvers.
Credit Amanda Loder / NHPR

Recently, NHPR examined the impact of the firearms industry on the state's economy.  Especially now, with gun sales at historic highs, this subset of New Hampshire's manufacturing industry is benefiting.  Looking at federal firearms manufacturing licenses, we've pinpointed where the state's firearms manufacturers are located.

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A Loaded Issue
7:20 am
Mon February 11, 2013

N.H. Benefits From Firearms Boom

Workers cast firearms parts at Sturm, Ruger's Newport foundry
Credit Amanda Loder / NHPR

As federal lawmakers grapple with tighter gun control laws, business is good for the firearms industry.Across the country, gun dealers can’t keep them on the shelves, and manufacturers can’t keep up with demand. But how do these trends affect New Hampshire's economy?


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The Exchange
10:00 am
Sat January 12, 2013

Author Molly Michelmore and her new book "Tax and Spend"

Author Molly Michelmore explores what she calls the fundamental paradox of American Politics:  We’re hostile toward taxes, but we also demand the privileges government offers from social security to local police protection.  Michelmore examines the history of this conundrum and finds these attitudes consistent from FDR’s New Deal to the Reagan Revolution.

Guest

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The Exchange
9:00 am
Mon January 7, 2013

The Economic Forecast for New Hampshire and New England

Credit United States Geological Survey via Wikimedia Commons

A recent report predicts slow growth in the new year for New Hampshire and New England. And, while the Granite State still ranks well on such measures as taxes and personal income,  there are some longer-term challenges that may threaten the so-called New Hampshire Advantage.  We’ll get the economic outlook for our state and our region.

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The Exchange
9:00 am
Thu November 1, 2012

Issue of the Week: The Economy

Credit Flickr - Images of Money

Our issue of the week series concludes with economic policy.  No matter who wins office both nationally and in New Hampshire, they’ll face enormous budget challenges from the so-called “fiscal cliff” in Washington to tax and spending decisions in the Granite State.  And these actions will affect the broader economy.  We’ll look at the candidates’ positions.  

Guests

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Elections 2012
10:33 pm
Wed October 31, 2012

Infographic! Are Granite Staters Better Off Now Than Four Years Ago?

Find the rest of this infographic at StateImpact New Hampshire

Are you better off now than you were four years ago? StateImpact New Hampshire looks at key economic indicators to understand how Granite Staters are doing.  And it's not the same for everyone. If you're a business consultant, construction worker, nurse or public servant -- come see how you fit into the puzzle, and share your thoughts -- at StateImpact New Hampshire.

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The Exchange
9:00 am
Wed October 24, 2012

Taking the Temperature of the North Country Economy

Mixed news has recently come from the top part of our state.  The long awaited prison in Berlin is now open, and the popular ATV park is expanding, but unemployment there is higher than the state average and in recent months has gone up. We’ll look at the economic hopes and challenges for the North Country.

Guests

Charlie Jordan - editor of The Colebrook Chronicle

Edith Tucker - reporter for The Coos County Democrat and The Berlin Reporter

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The Exchange
9:00 am
Fri October 19, 2012

The End of the New Hampshire Advantage?

We look at a new study that suggests that those factors that have made New Hampshire the economic envy of the region, like its low tax burden, higher income levels and steady influx of well educated people may be waning.  And the one time New Hampshire advantage may be a thing of the past. We'll look at the study and see how bad it may be.

Guests

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All Things Considered
5:45 pm
Thu September 27, 2012

New Hampshire Set To Face Economic "Headwind," Report Says

When we talk about challenges to the New Hampshire economy, we typically place them in context –  yes, there are challenges, but on the whole we’re in a pretty good place. After all, we have one of the nation’s highest median incomes and one of its most educated workforces, the foundations for economic success.

Word of Mouth
1:31 pm
Wed September 26, 2012

Fast Food Jobs Should Count for Something

djwhelan via Flickr Creative Commons

Mitt Romney and President Obama frequently remind us, jobs and the economy are the issues of the 2012 presidential race. The loss of an estimated 3 million manufacturing since 2000 has carved a deep hole in the American economy. Many manufacturing jobs have gone overseas, taking a toll on the middle class wages that once anchored the American economy.

The Exchange
10:00 am
Mon September 24, 2012

Our "Issues of the Week" series - Part 1: Jobs

We kick off our “Issue of the Week” series with where the candidates stand on job creation.  It’s the number one talking point of this political season, with contenders for Governor, Congress and President offering up an array of solutions for getting Americans back to work.  We’ll compare their different plans, what the campaigns are saying and how it’s playing with voters.

Guests

Ross Gittell - New England Economic Project Forecast Manager and Chancellor of the Community College System of New Hampshire.

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Child Poverty
10:57 am
Thu September 20, 2012

N.H. Has Lowest Child Poverty Rate In U.S., But Growing Numbers Of Low-Income Kids

While child poverty in NH has remained steady, the broader, low-income bracket has grown since the recession hit.
Ulrica Flickr Creative Commons

New Hampshire has the lowest child poverty rate in the country.  That’s according to new numbers released by the Census Bureau. 

In the United States, the poverty line works out to less than $23,000 a year for a family of four—that means two parents and two children.  And fewer than one out of eight New Hampshire kids are living below that line.  That’s good news.  But Carsey Institute researcher Jessica Bean says the same family of four with even twice that income—close to $46,000—is still struggling.

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CD 2 Debate
5:48 pm
Tue September 18, 2012

2nd District Congressional Candidates Debate On Economy And Taxes

Democrat Ann McLane Kuster debates incumbent Republican Congressman Charlie Bass at St. Anselm College in Manchester
New Hampshire Union-Leader

Much of the debate between congressional candidates Charlie Bass and Ann McLane Kuster could have taken place between candidates in just about any district in the country.  The forum, organized by the BIA and NHPR, centered almost exclusively on the national economy.   And most of the time, the congressional candidates stuck to broad party-line talking points. 

Take Democratic challenger Ann McLane Kuster’s point on taxes and deficit reduction.

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