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The COVID-19 Crisis in New Hampshire: Initial Economic Impacts and Policy Responses

April 14, 2020 State Economy
mother and sleeping baby at table

The COVID-19 crisis presents an extraordinary challenge for the Granite State. Necessary efforts to protect public health and slow the spread of the 2019 novel coronavirus have dramatically altered daily life in New Hampshire and across the country. This is both a health and an economic crisis, and the negative effects are greatest on many of New Hampshire’s most vulnerable residents. Rapid declines in economic activity have led to an unprecedented rise in unemployment and threatened the financial security of tens of thousands of Granite Staters. While the economic damage is vast, continued measures to slow the spread of the 2019 novel coronavirus are in the best interest of residents and the economy in the long term.

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COVID-19 Resource Page: Impacts and Challenges in New Hampshire

March 25, 2020 State Economy

The impacts of the COVID-19 crisis will affect New Hampshire residents in many ways, from both the immediate health and financial impacts to long-term economic consequences. NHFPI will continue to publish resources examining issues related to the COVID-19 crisis, including health policy, economic security supports for Granite Staters, economic trends, state revenues, the effects of federal policy responses, and the services supported through the State Budget.

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New Hampshire’s Numbers: Resource Inequities by County and Population Group in 2014-2018

February 7, 2020 State Economy
Map of poverty rates by NH county

Estimates from the U.S. Census Bureau’s annual American Community Survey provide insights into the economic conditions of New Hampshire residents. Estimates released in December 2019 average responses over the five-year period, from 2014 to 2018, which allows for more certainty among smaller population groups than annual data alone. This Fact Sheet provides poverty rate and median household income data for New Hampshire counties as well as the statewide poverty rates for various population groups.

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Flexible CARES Act Funds Mostly Allocated, Partially Unspent as Deadline Looms

4 Nov 2020

tree with coins

Nearly all the federal funding granted to the State of New Hampshire in the Spring to combat the COVID-19 crisis has been allocated to pandemic-related programs as of the beginning of November. However, significant amounts of funding have not yet been expended. The State must spend these funds by December 30 or return them to the federal government. While some of these funds may be in the process of being spent now or will be used in the next two months based on existing plans, the significant amount of funds left unspent suggests a substantial risk that money will be returned to the federal government and not be deployed to directly support Granite Staters.