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
Poverty and Food Insecurity in New Hampshire During and Following the COVID-19 Crisis
Poverty and food insecurity are interrelated challenges for many individuals and families in New Hampshire. Research suggests a strong relationship between poverty and food insecurity, both of which rose following the Great Recession of 2007-2009 nationally and in New Hampshire. The COVID-19 pandemic also significantly increased the risk that more people would face poverty and ...
New Hampshire’s Economy and the Financial Well-Being of Granite State Households
Presented by Phil Sletten, Research Director at the New Hampshire Fiscal Policy Institute, to the Greater Concord Chamber of Commerce’s ...
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 ...
Latest Census Bureau Data Show Median Household Income Fell Behind Inflation, Tax Credit Expirations Increased Poverty
This month, the U.S. Census Bureau released two datasets in rapid succession that provide insights into the economic well-being of ...