Economy
By many metrics, New Hampshire experienced a slow but meaningful recovery in the decade following the Great Recession. However, not all Granite Staters felt the effects of subsequent economic recovery equally. Much of the job growth in the state in recent years has been driven by lower wage industries, and Granite Staters earning lower and middle wages during the recovery saw their purchasing power either barely keep up or fall behind the cost of living. The economic downturn resulting from the COVID-19 crisis has deeply impacted the economic security of many Granite Staters.
NHFPI explores trends in wages, poverty, and other economic measures; the implications of those trends for Granite Staters; and public policies designed to foster economic opportunity and prosperity in New Hampshire.
Featured Resources
Granite State Workers and Employers Face Rising Costs and Significant Economic Constraints
Fueled by accumulated savings and federally-funded economic stimulus, the national and New Hampshire economies have rebounded quickly from the recession caused by the COVID-19 pandemic. Despite forecasts of another recession in 2022 or early 2023, the national and state economies largely remained resilient and have avoided a downturn.[1] However, the expansion of the state’s economy ...
Labor Force Trends in New Hampshire
Presented by Phil Sletten, Research Director at the New Hampshire Fiscal Policy Institute, to Network4Health on June 15, 2023.
A Snapshot of New Hampshire’s Workforce and the Impacts of the COVID-19 Pandemic After Three Years
New Hampshire’s residents and economy have experienced a relatively tumultuous three years since the COVID-19 pandemic reached the state. However, ...
Federal Tax Credits and Economic Stimulus Helped Boost New Hampshire Median Incomes, Offset Child Poverty Increase in 2021
New data released on September 15 by the U.S. Census Bureau show that median household incomes rose and official poverty ...