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More On The Massachusetts-vs-New Hampshire Economic Debate

Recently, State Impact examined New Hampshire’s economic development strategies and compared them to what Massachusetts is doing.  “Six Ways To Look At How NH Does — And Doesn’t — Attract Economic Development” has been one of our most popular posts since the site went live late last month.  Our post, in turn, was inspired by a Boston […]

Are Wall Street Worries Generating A Negative Feedback Loop?

Today the Associated Press reports that with Wall Street seemingly going haywire, a lot of people are too spooked to spend their money. “Stocks have fallen four weeks in a row. Some on Wall Street worry that the resulting blow to  confidence, not to mention 401(k) statements, has set off a spiral of fear that could […]

Credit Card Delinquency And Paying Down Personal Debt

Here’s an interesting piece from AP Business Writer Eileen AJ Connelly, focusing on credit card delinquency and debt: “The national credit card delinquency rate, or rate of payments 90 days or more past due, fell to 0.60 percent in the second quarter, down from 0.92 percent a year ago. That’s the lowest rate since 1994, […]

Not Hiring: Small Businesses Key To Economic Recovery

Today’s Boston Globe has an interesting take on the state of small business in the country.  Reporters Erin Ailworth and Katie Johnston write that small businesses make up more than half of all private sector employment in the country, but: “The percentage of small-business owners feeling optimistic about the economy fell from 67 percent in […]

Stocks Drop Again, Long-Term Forecast Unclear For Investors

After a brief rally, AP Business Writer Stan Choe reports in The Boston Globe that the markets are once again sliding back downhill: “The Dow Jones industrial average fell 413 points, or 3.7 percent, to 10,827in morning trading Wednesday. That erased nearly all of its 429 point gain from Tuesday, when the Federal Reserve pledged […]

We’re #2…For Percentage Of Spending On Debt

According to the Tax Foundation, 6.9 percent of New Hampshire’s direct spending went toward interest payments on debt in FY 2009. The only state that devoted a higher portion of its funds to interest was…Massachusetts, at 9.58 percent.  (You can find more surprising comparisons between New Hampshire and Massachusetts here.) Overall, New England eats up a goodly portion of the […]

2008 and 2009 Tough Years For Some NH Kids

In today’s Nashua Telegraph, Michael Brindley summarizes the findings of the yearly New Hampshire Kids Count Data Survey from the Children’s Alliance of NH.  Unsuprisingly, the study finds the recession has been tough for an increasing number of kids, “…an average of 16.8 percent of children aged 0 to 17, or one out of every six minors, participated in […]

Consumer Confidence And The Dipping Dow

It’s been a crazy couple of weeks on Wall Street.  First came the bad-ish news:  The GDP grew…but not by much.  Then came the good-ish news: Congress made an 11th hour deal to raise the debt ceiling and avert default…but it didn’t immediately solidify the country’s AAA credit rating.  Just yesterday, the stock market fell, […]

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