Category Archives: Economy/Economics
Demolition of the former Rockingham Park racetrack has begun
SALEM — Demolition of the former Rockingham Park racetrack has begun as the start date for the first round of the Tuscan Village construction project approaches. Removal of the building that once housed the racetrack’s clubhouse, a poker room and … Continue reading
Posted in Economy/Economics, Jobs/Unemployment, Local NH Politics
Tagged Racetrack, Rockingham Park, Salem, Tuscan Village
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Chinese group to make bid for Stonyfield yogurt
LONDONDERRY — Chinese food and dairy company Inner Mongolia Yili Industrial says it plans to bid for Danone’s entire stake in organic yogurt business Stonyfield for about $850 million. More… *| UL Related| French Parent Company to Sell off Stonyfield Farm
Posted in Economy/Economics
Tagged Danone, Inner Mongolia Yili Industrial, Stontfield
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Quebec Company Expanding to New Hampshire
Berlin, NH – A Quebec-based manufacturer, Deflex Composite, is expanding to northern New Hampshire, according to the NH Department of Resources and Economic Development. The company is located in Saint-Victor, Quebec, and has a contract to produce parts for Volvo. … Continue reading
Posted in Economy/Economics, Jobs/Unemployment
Tagged Deflex Composite, North Country, Quebec
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Tax credit plan would be a giant leap for NH
Would a proposed NH Small Business Jobs Fund create so much economic activity through tax credits that it could reverse rush hour traffic on Interstate 93, as one lobbyist put it, or are such programs a “scam” to let out-of-state … Continue reading
Posted in Economy/Economics, New Hampshire News, taxes
Tagged NHBR, Small Business, Tax credit
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New Hampshire’s Economy Continues to Set the Pace In New England
New Hampshire’s economic output grew by 3 percent in 2016, the fourth-highest rate in the country. More… A new report from the Bureau of Economic Analysis shows the state’s finance and insurance sector helped fuel that performance, along with gains … Continue reading
Posted in Around New England, Economy/Economics, New Hampshire News
Tagged Economy, GDP, Growth
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U.S. government posts $182 billion surplus in April
Don’t get too excited. It’s still all cluster. The U.S. government had a $182 billion budget surplus in April, confounding market expectations for a deficit, according to Treasury Department data released on Wednesday. The budget surplus was $106 billion in … Continue reading
Posted in Budgets, Debt/Spending, Economy/Economics, National News
Tagged Deficit, National Debt, Surplus
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Overhaul of Dodd-Frank headed to U.S. House
“A lot of promises were made when Dodd-Frank passed that it would do away with ‘too big to fail,’” Hultgren said. “It really hasn’t done what it said it was going to do. So that’s really a big part of … Continue reading
Posted in Debt/Spending, Economy/Economics
Tagged Arizona Watchdog, Bailouts, Banking, Dodd-Frank, Randy Hultgren
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Balsams Sits Idle While Otten Fishes for More Investors
Remember the fight to block taxpayer-backed loans for Les Otten’s Balsams Boondoggle? The legislature and then Democrat Governor Maggie Hassan gave it their thumbs-up*. Well, it’s still sitting idle while Les hunts for more private investors. That’s not a good sign. … Continue reading
Posted in Budgets, Economy/Economics, Jobs/Unemployment, Local NH Politics, New Hampshire News
Tagged Balsams, Les Otten, NH-DOT
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Public-private partnership will provide $1.8 million to NH startups
Millworks II, a $1.8 million public-private partnership fund consisting of 40 individual investors and the New Hampshire Business Finance Authority, will provide extra capital for startups in New Hampshire. More… | NHBR
New Hampshire bankruptcy filings fall in April
After stalling a bit over the last few months, bankruptcy filings in New Hampshire resumed their downward trend in April. There were 159 filings in April, a 24 percent decline from March and 15 percent less than the 188 filings … Continue reading
The New Media Militia 