Home » State Economy » Recent Articles:

Regional Impact of Raising New Hampshire’s Minimum Wage

April 4, 2014 State Economy

Raising New Hampshire’s minimum wage would begin to build an economy that works for everyone in the Granite State, enhancing economic security for thousands of workers and helping to boost bottom lines at local businesses. While the impact of a higher minimum wage would be felt throughout New Hampshire, some regions of the state would be more affected than others, due to variations in population and in the composition of local workforces.

... Continue Reading

Long Since Due: An Increase in New Hampshire’s Minimum Wage

March 12, 2014 State Economy
NH Minimum Wage Worker statistics

Due to legislative inaction and the corrosive effects of inflation, New Hampshire’s current minimum wage comes up short in a number of ways. It trails behind the rest of New England, stands below prior levels in terms of real purchasing power, and leaves workers struggling to get by. Accordingly, raising the minimum wage and ensuring it is adjusted for the cost of living in future years would help families make ends meet, boost sales at local businesses, and put New Hampshire on a path towards an economy that works for everyone.

... Continue Reading

NHFPI Testifies in Support of Increase to NH Minimum Wage

February 11, 2014 Research, State Economy

The New Hampshire Fiscal Policy Institute (NHFPI) today joined New Hampshire legislators, small business owners, and a broad coalition of statewide organizations in voicing support for an increase to New Hampshire’s minimum wage, currently $7.25 an hour and the lowest in New England. NHFPI Executive Director Jeff McLynch provided testimony …

... Continue Reading

Connect with NHFPI

Common Cents Blog

Unsettled Business Tax Revenues Push Surplus Upward, Offer Limited Insight for the Future

7 Dec 2018

tree with coins

The fortunes of State revenues continue to rise and fall with New Hampshire’s two primary business taxes, which provided positive signs for near-term revenue but have not shown these levels are sustainable. While the two business taxes remained healthy, other revenue sources were relatively flat overall, leaving the State with a revenue surplus entirely dependent on the two business taxes. The lack of growth in other revenue sources combined with the uncertainty around business taxes creates an environment in which it will be very difficult to accurately project revenues for the new State Budget biennium.