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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

  • The COVID-19 Crisis in New Hampshire: Initial Economic Impacts and Policy Responses April 14, 2020 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 ...
  • COVID-19 Resource Page: Impacts and Challenges in New Hampshire March 25, 2020 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 ...
  • New Hampshire’s Numbers: Resource Inequities by County and Population Group in 2014-2018 February 7, 2020 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 ...
  • Census Bureau 2018 Estimates for Income, Poverty, Housing Costs, and Health Coverage October 9, 2019 The U.S. Census Bureau American Community Survey data released September 26, 2019 provide estimates of population characteristics based on data collected in surveys conducted throughout 2018. The survey data provide year-to-year comparisons of key indicators affecting the lives of Granite Staters, including data concerning household income, poverty, rental housing costs, and health coverage. Income and ...
  • New Hampshire’s Workforce, Wages, and Economic Opportunity August 30, 2019 The essence of a labor market is the workers in it. When an economy improves, it is often assumed that conditions for workers, including wages and job opportunities, improve as well. In the decade since the Great Recession, which officially lasted from December 2007 to June 2009, New Hampshire’s economy has seen growth in its ...

 

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Common Cents Blog

New Data Provide Insight into Extensive Economic Impacts and Income Losses from the COVID-19 Crisis

3 Jun 2020

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The challenges facing Granite Staters due to the COVID-19 crisis are unprecedented, and data continue to suggest the negative effects of this crisis are concentrated on those who are most vulnerable. New survey data indicate nearly half of New Hampshire households have lost employment income since March 13, and one in six have either missed or are likely to miss a monthly housing payment. Caseload data show that 198,905 new initial unemployment claims were generated in New Hampshire during the week ending March 15 through May 23. The preliminary seasonally-adjusted unemployment rate reached 16.3 percent in New Hampshire during April 2020, which is the second-highest among the New England states. Many Granite Staters appear to have lost employer-sponsored health insurance as well. These economic effects have led to increased needs for nutrition assistance and support from other aid programs. While the full effects of the crisis remain uncertain, key indicators provide valuable insights and comparisons between the current COVID-19 crisis, the period immediately before this crisis, and the Great Recession of 2007 to 2009.

NHFPI Seventh Annual Conference

NHFPI Annual Conference