Jobs & Economy - Reports

• New Hampshire Economic Outlook December 2012 (12-06-2012)

  Dennis Delay, Center Economist and New Hampshire Forecast Manager for the New England Economic Partnership, noted that New Hampshire’s job recovery continues, but has been a disappointment.

  “In prior recoveries, New Hampshire’s rate of job growth often substantially outstripped employment expansion in New England and the nation. That is not occurring now,” said Delay, an economist at the New Hampshire Center for Public Policy Studies and NEEP’s New Hampshire Forecast Chair.

  “Job growth in the New Hampshire recovery remains slow,” Delay noted. “New Hampshire had 650,000 nonfarm jobs in 2008, as the recession began taking hold, and the state will not see that many jobs again until the last quarter of 2014.”

• New Hampshire Economic Outlook May 2012 (05-31-2012)

  The state’s unemployment rate stood at 5 percent in April 2012, well below the 8.1 national rate

  But job growth in the recovery remains slow.  New Hampshire had 650,000 nonfarm jobs in 2008, as the recession began taking hold, and the state will not see that many jobs again until the second quarter of 2014.

• New Hampshire Economic Outlook November 2011 (11-18-2011)

  During the Great Recession, New Hampshire fared better than many other states and the country as a whole, but we are still skating on thin ice. The forecast still calls for New Hampshire to grow faster than the regional average, but tenuous current conditions threaten the outlook. Unless the economy gains significant momentum in the next six months, the forecast could be comprised. The local economy seems in danger of stalling, when it should be skating faster!

• Assessing Community Development (10-17-2011)

  Assessing Community Development

  New Hampshire’s Community Development Block Grant Program

  The New Hampshire Community Development Finance Authority (CDFA) engaged the New Hampshire Center for Public Policy Studies to evaluate the current status of the New Hampshire State Administered Community Development Block Grant Program (CDBG) and provide feedback for short- and long-term program planning.

• New Hampshire Economic Outlook May 2011 (05-19-2011)

  New Hampshire’s job recovery has been postponed by one year, but New Hampshire’s job growth will continue to outperform the region this year and next.

• Smart Manufacturing and High Technology (03-21-2011)

  Smart Manufacturing and High Technology

  New Hampshire’s Leading Economic Sector

  The Smart Manufacturing/High Technology (SMHT) sector, which includes all of New Hampshire’s approximately 2,100 manufacturing companies as well as more than 1,600 high technology companies, is the engine of the state’s economy.

• New Hampshire Economic Outlook November 2010 (11-17-2010)

  After the Great Recession (December 2007 to June 2009), New Hampshire is half way back to regaining all of the jobs lost in the downturn. The Granite State lost 4.5% of its jobs at the lowest point of the recession, and has gained more than half of those lost jobs back. As of September 2010 the New Hampshire jobs base was 2% below the previous peak of December 2007

• New Hampshire's Economic Outlook - May 2010 (05-21-2010)
  After the Great Recession, New Hampshire is “stumbling towards the light” but still at a faster pace than either the regional or national average. New Hampshire’s job base declined by about 4.5%, but has recovered somewhat – as of March 2010 New Hampshire has 3% fewer jobs than in December 2007.

• New Hampshire's Economic Outlook; November 2009 (11-11-2009)
  While it’s likely the recession is technically over, for many it doesn’t feel that way and won’t until unemployment stops climbing and job growth returns. And that is at least a year away.

• New Hampshire's Economic Outlook - May 2009 (05-21-2009)
  A past president of the Mortgage Bankers and Brokers Association of New Hampshire said in early May 2007 that New Hampshire was in for a “Nantucket Sleigh Ride” with hundreds more sub-prime borrowers losing their homes through the course of this year and into next year. That prediction has turned out to be all too true.

• New Hampshire's Economic Outlook - November 2008 (12-15-2008)
  The economic forecast from one year ago expected that the underlying strength of the economy would carry New Hampshire through the year 2008 without a recession. But we anticipated a very bumpy ride. And that certainly turned out to be true.
   
   

• New Hampshire's Economic Outlook - May 2008 (06-05-2008)

  New Hampshire had one of its best ski seasons ever due to an abundance of snow. Venture capital investment in New Hampshire appears to be on the rise. Job losses in manufacturing can be tied to the failing real estate markets, and the downturn in housing construction. Financial services in the Granite State have been contracting, while healthcare is expanding. State and local governments are constrained by falling revenues, and rising expenditures. Housing prices in New Hampshire will probably fall 15% from the peak, before real estate markets bottom out. Still, New Hampshire should hold its traditional position of outperforming the regional economy in the future.

• Outlook for the New Hampshire economy, November 2007 (11-20-2007)

  Prepared in association with the New England Economic Partnership

• November 2007 Economic Report (11-02-2007)
  Prepared in November 2007 for publication in BusinessNH magazine.

• The Status of Working New Hampshire (09-01-1998)

  Every two years the Economic Policy Institute (EPI), a Washington DC economic think tank, publishes a 400+ page report entitled "State of Working America" that analyzes trends and issues related to employment, wages, and income of Americans. In collaboration with EPI, the Center has prepared a paper that highlights New Hampshire data and trends from the national study. The Center is one of a dozen state level policy centers with which EPI plans to collaborate on economic studies in the future.