March 14th, or 3/14, is Pi Day—a day to celebrate the famous mathematical constant π (pi). While some may mark the occasion with actual pies, at the New Hampshire Fiscal Policy Institute, we are taking the opportunity to highlight some of our favorite pie charts that illustrate just a few of the economic challenges facing Granite Staters.
New Hampshire’s February revenue collections exceeded expectations, but the surplus was largely driven by early Insurance Premium Tax payments rather than sustained revenue growth.
On the last Friday of each month, the New Hampshire Fiscal Policy Institute's research team shares a curated list of books, research papers, podcasts, and more that are helping to shape our understanding of the economic wellbeing of the Granite State and beyond.
In a new analysis, NHFPI's Nicole Heller cites New Hampshire's housing shortage as a major factor behind rapidly rising house prices and rents, with limited housing stock, demographic shifts, reduced new construction, and short-term rentals worsening availability of affordable housing —particularly for renters and workers with low incomes.
According to a new analysis from NHFPI, the Governor’s budget proposal increases overall state spending by 5%, introduces video lottery terminals as a new revenue source, and maintains most current funding levels across State agencies. However, while the proposal includes additional investments in health and social services, supports for housing and the child care workforce would see significant funding reductions compared to the current budget’s investments.
New Hampshire businesses may lose an estimated $56 million annually due to the lack of available licensed child care slots, according to a new study from NHFPI.