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State Economy

Manchester NHWhen it comes to the economy, many have long believed that “a rising tide lifts all boats,” that economic growth benefits all of the workers and investors who contribute to it.  In recent decades, that belief has not held true, as low- and moderate-income families and individuals have not fully shared in the affluence they helped to create.  As a result, they have found it harder not only to make ends meet on a daily basis, but to save for their children’s futures or to prepare for their own retirement.

NHFPI endeavors to shed light on trends in wages, poverty, and other economic measures, on their implications for working New Hampshirites, and on public policies designed to foster economic opportunity and prosperity here in the Granite State.

Latest State Economy Publications

  • New Hampshire’s Numbers: Disparities Between Counties and Populations Persisted in 2013-2017 December 18, 2018 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 2018 average responses over the five-year period from 2013 to 2017, which allows for more certainty among smaller populations than annual data alone. These new estimates show widely differing levels of ...
  • New Hampshire’s Numbers: 2017 Census Bureau Estimates for Income, Poverty, Housing Costs, and Health Coverage September 13, 2018 The United States Census Bureau American Community Survey data released September 13, 2018 provides estimates, based on data collected in surveys conducted throughout 2017, of New Hampshire’s population characteristics. The survey data provide year-to-year comparisons of key indicators affecting the lives of Granite Staters.
  • Measuring New Hampshire’s Municipalities: Economic Disparities and Fiscal Capacities August 29, 2018 New Hampshire is a state with large differences between the more urban regions, primarily in the southeastern part of the state, and less urban regions in the west and north. The southeastern part of the state has generally larger concentrations of population, higher median incomes among residents, and lower poverty rates compared to the western ...
  • New Hampshire’s Economy: Strengths and Constraints June 4, 2018 New Hampshire has experienced a relatively robust economy in recent years. Growth has returned to rates similar to those from before the Great Recession, and the unemployment rate has remained below three percent since late 2015. Incomes appear to have increased for workers, with many middle- and low-income workers finally returning to near pre-Recession levels ...
  • New Hampshire’s Numbers: 2016 Census Bureau County Estimates Show Disparities Within the State October 19, 2017 Following the primary data release in September 2017, the United States Census Bureau American Community Survey data released in October 2017 provides estimates, based on data collected in surveys conducted throughout 2016, of New Hampshire’s population characteristics for all geographic subdivisions with more than 20,000 residents. These data permit comparisons between point estimates for median ...

 

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Common Cents Blog

Declining Business Tax and Other Revenues Suggest Caution for State Budget

15 Aug 2019

tree with coins

As policymakers continue to consider State Budget options and choices during the ongoing continuing resolution, understanding State revenue trends remains critical to determining the State’s ability to pay for needed services and the policy choices that affect available resources. With State Fiscal Year 2019 completed and SFY 2020 underway, recent months of revenue collections have provided some additional insight into whether the State might expect more revenue in future years. Questions remain about the future of business tax receipts in particular, which have been very difficult to predict due to recent abnormal behavior following the federal tax overhaul; however, recent data suggest anticipated declines in receipts may limit revenue going forward.