Monthly Archives: May 2012

Three Reasons Why It’s Boom Time For NH Manufacturers

Amanda Loder / StateImpact New Hampshire

A new report says "high road" policies help grow manufacturing economies

Although tourism is something of a signature industry for New Hampshire, the largest sector of the state’s economy–by far–is advanced manufacturing.  So-called “SMHT” (Smart Manufacturing/High Technology).

Looking back on the exodus of shoe and textile factories, the slow death of the wood products industry, and the decline of high-tech in the 1990’s, you’d be forgiven for chalking-up the growth of SHMT to the miraculous.

But according to a new report released by the Brookings Institution on American manufacturing, there are three main reasons why New Hampshire’s seeing a renaissance in this sector. Continue Reading

Fairpoint Can Keep Penalty Money To Build Up Broadband Coverage

Sean MacEntee

If Fairpoint agrees to the PUC's terms, underserved areas could see better broadband coverage

The question of whether to offer customers rebates for bad service or expand broadband access throughout the state is now pretty much for Fairpoint to decide.

The telecom company faces $2.8 million in fines related to a series of service problems that cropped-up back in 2009.  Rather than return the fees to customers, Fairpoint asked the Public Utilities Commission to allow it to use that money to expand broadband access.  As we previously reported, it was a controversial proposal.  And, as Dennis Paiste now writes for the Union-Leader, the PUC approved the proposal by a vote of 2-1.  But Commissioner Michael Harrington wrote a dissenting opinion: Continue Reading

Survey Says Not All NH Counties Equally Small Business-Friendly

NHPR

A new survey finds that perceptions of NH's small business-friendliness vary widely by region

If you’re looking for some of the happiest small business owners in the state, the Monadnock Region would be a good place to start.

Recently, we looked at how the Granite State stacks-up to the rest of the country in terms of its small business environment.  A survey of about 6,000 business owners released by the Kaufman Foundation and online hiring service Thumbtack.com finds that overall, New Hampshire does very well.  Respondents rate it well above the rest of the Northeast, and even much of the country:

“New Hampshire soared above its rivals in two categories where it excelled – the state achieved an A grade for being the #5 easiest state nationwide for starting a small business and for being the #8 friendliest state in the country towards small businesses.”

But the survey also finds that not all counties are created equal. Continue Reading

Survey Gives NH “A” In Small Business Friendliness…But With A Catch

buddawiggi / Flickr

New Hampshire stands out as a friendly state for small businesses

Here’s a news tip courtesy of our sister site, StateImpact Idaho.  The Kauffman Foundation and online hiring service Thumbtack.com surveyed more than 6,000 small business owners. The questions covered an array of topics, including: Overall small business-friendliness, ease of starting a business, hiring costs, regulations, training programs, networking programs, and current economic health.

And when you break it all down, New Hampshire’s small business environment far outpaces the rest of the Northeast, with a solid “A.”  That’s compared to a “D+” for Maine, a “D” for Massachusetts and Connecticut, and an “F” for Rhode Island and Vermont. Continue Reading

Why NH’s Economy Is Especially Important For The 2012 Election

Brendan Smialowski / AFP/Getty Images

While Obama won NH in 2008, there's no guarantee he'll snag the Granite State a second time around

At this point, politicos figure nine states could go to either Obama or Romney this November: Colorado, Florida, Iowa, Nevada, Ohio, Pennsylvania, Virginia, Wisconsin and…New Hampshire.  All of them went for Barack Obama back in 2008.  But New York Times reporter Michael Cooper notes that Republicans have also made some major strides in those states over the past few years.  And the rate of economic recovery looks very different in each place.  Cooper writes that a number of economic factors beyond the axiomatic “It’s the economy, stupid!” could be in play: Continue Reading

Stimulus Funding Dries Up For Eco-Biz Incubator

epSOS.de / Flickr

With stimulus funding to the Green Launching Pad shut off, the start-up incubator is considering how to continue its work

The challenge of growing New Hampshire’s green economy just got more difficult.  Federal stimulus funding for the state’s chief eco-friendly business incubator dried up at the end of April.  Now, the University of New Hampshire‘s Green Launching Pad program is rooting around for private funding to keep the program going. Although early GLP grant funding went to small start-ups, the last round of federal money actually went to established manufacturers to fund job growth.

And as we’ve previously reported, calculating job creation and other economic impacts of the Green Launching Pad is tricky business. Continue Reading

A Closer Look at Brewery Accidents After The Deadly Redhook Explosion

Karen Roe / Flickr

How common are serious accidents at breweries?

The accident that killed Redhook Brewery worker Benjamin Harris shocked New Englanders.  At seven o’clock on a Friday morning, the 26-year old newlywed and father-to-be was doing a routine task at the Portsmouth plant–pumping a plastic keg full of compressed air so that he could clean it.

The keg exploded, mortally wounding Harris in the chest and head.

Now OSHA‘s investigating.  The agency says it could be months before it knows what, exactly, is responsible for Benjamin Harris’ death, and if the incident was just a freak accident, or something the brewery could have prevented.  Foster’s Daily Democrat reports Vice President of Commercial Operations, Andy Thomas confirmed “the keg that ruptured and critically injured Harris was not owned or used by Redhook Brewery, nor was the keg owned by any other brewery operated by Craft Brew Alliance, Inc., Redhook’s owner and operator.”

The notion of breweries as potentially dangerous places to work isn’t necessarily something that would occur to many people outside the industry.  It can be easy to forget that breweries are manufacturers, and that the people working in these facilities are dealing with difficult and dangerous equipment.  With that in mind, we’ve been gathering information this week to try to put this accident into context.  How common are brewery accidents compared to other manufacturers?  And what are the most common types of hazards these workers face?  Continue Reading

This Week’s Essential StateImpact

Owen's / Flickr

These are the posts that sparked your interest

It’s that time again!  A time when we at StateImpact sit back and sift through the crowd’s collective wisdom to bring you the Top 5 Must Read Posts of the week.  And we’ve got a rather diverse roundup this week, spanning fishing and politics, indie booksellers and foreclosure funds.  Here, ready for your perusal, is the Essential StateImpact:

  1. Staying Afloat: One NH Fisherman’s Struggle To Keep Fishing: Our top post of the week breaks down why the feds changed groundfishing regulations, and how those changes are challenging a long-time fisherman’s livelihood.  And, it’s got a slideshow.
  2. NH Bookstore Flips The Script On Struggling Indie Bookseller Narrative: A chance set of comments by a prominent developer about his latest pet project puts a local bookstore outside a long-time national trend.
  3. Economy Dominates GOP And Democratic Campaign Events In NH: One day, two political parties, and two very different campaign appearances.  We compare what Mitt Romney and Obama proxy Lilly Ledbetter said on the stump.
  4. Five Reasons Why Angel Investors (Think “Shark Tank”) Matter To The Economy: This post has legs!  We lift the curtain on this obscure corner of the marketplace.
  5. NH Plays Waiting Game For Foreclosure Settlement Money: New Hampshire has a healthy slice of a massive settlement with the big banks coming.  But there’s a lot of work to be done before the state–or foreclosed families–see a penny of it.

State Revenue Shortfall Shrinks

Jim Legans, Jr. / Flickr

NH's revenue situation isn't as bad as originally projected

Although revenues haven’t quite pulled New Hampshire away from a budget shortfall, it seems that day could be approaching.  As Kevin Landrigan reports for TheLobbyNH.com:

“The state took in $251 million in April, which was $2.1 million – or less than 1 percent – below the estimate that House and Senate budget writers had come up with nearly a year ago.

Late last week, top legislative leaders had feared that April would be off by $12 million or more.”

With two months to go before the fiscal year wraps-up, Landrigan writes that the state’s raked in about $1.9 billion, and is only $32 million away from making the projected forecast.  And Administrative Services Commissioner Linda Hodgdon is reasonably optimistic that the state could clear a good chunk of that shortfall away, if not eliminate it altogether. Continue Reading

Staying Afloat: One NH Fisherman’s Struggle To Keep Fishing

This week, commercial fishermen began trawling the seafloor off New Hampshire for cod and other signature New England catches. But Ed Eastman, who has been groundfishing off the coast for 31 years, was not among them. Regulations governing groundfishing became too burdensome, he says, and he could no longer earn a living wage.  Last year, Eastman sold his groundfishing permit and moved on to other fisheries, like shrimping.

It was a decision years in the making. Continue Reading

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