Community power era officially begins in New Hampshire
Through incorporation, 13 municipalities, Cheshire County prepare to offer electricity providers
Author: Bob Sanders
Monthly bankruptcy filings hit 33-year low in September
48 cases recorded in New Hampshire, lowest since January 1988
Rising demand for NH’s R&D credit results in smaller share for businesses
With cap on amount available, record 276 businesses to receive less than two-thirds of full amount
New form of group retirement plans taking root in New Hampshire
BIA, chambers begin offering Multiple Employer Aggregated Programs to members
NH employment picture improves as wages edge up
Reports show fewer people collecting jobless benefits with industries starting to rebound
BAE Systems has an ‘immediate need’ to hire engineers
The defense contractor aims to hire 800 engineers for its newest Manchester location
NH bankruptcies remain at historic lows
63 filings recorded in August as total for the year stands at 25% below 2020
‘Significant growth’: Fidelity to add 900 more jobs in New Hampshire
New customer service, tech positions among 9,000 to be created by company nationwide
GT Advanced Technologies acquired by Arizona semiconductor company
$415 million deal seeks NH firm’s silicon carbide technology
Latest New Hampshire jobless numbers continue march to pre-pandemic levels
Filings for new claims drop below 500 as more Granite Staters return to work
Supply woes worsen as New Hampshire home prices continue to rise
Median price jumps to $402,000 as inventory falls again
Minim sees big second-quarter sales boost
Manchester company eyes even wider expansion of retail presence
As Covid infections go up, unemployment goes down
Approximately 1,000 people per week have been removed from NH's unemployment rolls
Another near record bankruptcy low
July filings dropped to numbers not seen in a generation
NH company accused of participating in real estate Ponzi scheme
Massachusetts investor claims property values were artificially inflated
Unemployment claims fall as workers return or exhaust benefits
NH is either 3,000 or 10,000 workers away from pre-pandemic labor market
State is pushed to distribute funds to formerly shuttered venues
Limitations remain in administering federal funds with tight eligibility requirements
Sununu signs bill setting tipped wage at $3.27 an hour
Previously tied to the federal minimum wage, tipped wage would only increase with specific state or federal legislation
NH fares better than others as unemployment claims rise nationally
Statewide, continuing jobless claims declined, but new claims remain constant
Despite Covid, NH has more than 20,000 energy jobs
There are nearly 500 more jobs in energy efficiency than energy production
Granite Staters continue to return to work as jobless claims fall
Statistics return to a more normal level after last week’s blip
2021 Legislative Session
The 2021 New Hampshire Legislative Session has come to an end. Here are a list of bills passed, and some signed into law by the governor, that would impact business.
NH’s jobless rate jumps to 2.9% in June
But state says federal government got its calculations wrong
NH housing market is hotter than ever
But increase in inventory may be a glimmer of more stability
Initial unemployment claims fall again in New Hampshire
With federal program over in NH, another 9,600 Granite Staters lose benefits
Only 41% of New Hampshire restaurants received Restaurant Revitalization Fund aid
418 applicants were awarded grants, but 591 others were turned down
NH restaurants frustrated by sudden shutdown of federal aid program
With no money left, $28.6b Restaurant Revitalization Fund stops accepting applications
At mid-year, a new low in NH bankruptcies
June record set as filings continue to defy expectations
NH unemployment claims rise again
But more people returning to work than seeking benefits
What’s in the state budget for businesses?
Tax cuts, family and medical leave plan top the list of initiatives OKd by Legislature
Weekly unemployment claims rise in NH
But trends still point to a still-lower jobless rate in June
New Hampshire venues’ frustration rises with plodding pace of federal help
‘Unbelievably slow’ grant program’s backlog of approvals is assailed
New Hampshire’s new Hotels and Lodging Relief Program launches
$10 million fund seeks to aid hard-hit, ‘critical’ industry
New Hampshire to begin notifying businesses of Main Street grant clawbacks
With $10,000 threshold, at least half of firms won’t have to repay
NH unemployment claims data points to an even lower jobless rate next month
Filings continue to fall as federal benefits end in state are set to end
New Hampshire House, Senate find middle ground on net metering
Conference committee reaches deal on expanding it to municipalities, school districts
New Hampshire hotel group wins key ruling in Covid insurance lawsuit
Judge throws out insurance firms’ major arguments about state-mandated closings
New unemployment claims continue to plummet in New Hampshire
More Granite Staters returning to work as end to federal benefits nears
Median home price rises to jaw-dropping $400,000 in May
But number of sales rose by only 6% as inventory dwindles
Sununu to sign bill making forgiven PPP loans tax exempt
SB3 will save businesses nearly $100 million in business profits tax cut
New jobless claims rise slightly in New Hampshire, but outlook remains favorable
People returning to work outnumber new filers by 7 to 1
NH bankruptcies near record lows again
No businesses file for protection in May
Paycheck Protection Program ends
Number of loans, amounts tapered off significantly over time
Amended tipped wage bill heads for House vote next week
If passed, it could prevent a steep wage hike should a federal $15 minimum wage come to fruition
May figures show employment almost back to normal
Claims fell ahead of job search requirement
New Hampshire House panel OKs bill to exempt PPP loans from taxation
With an eye toward this year’s revenue windfall, committee votes unanimously for measure
With proposed change in cost-shifting definition, NH House Republicans seek to further limit net metering
Proposal would ‘tie the hands’ of Public Utilities Commission. critics argue
Another big drop reported in New Hampshire unemployment claims
Lowest number of new weekly filings recorded since before pandemic
May 24 deadline nears for federal restaurant assistance program
New Hampshire eateries urged to apply for funds
Citing ‘desperate’ employers, Sununu to cut off federal jobless benefits
Action would end all aid for 14,000 Granite Staters
More news from NHBR:
Shipyard payroll shows strength over the years
An analysis of economic impact reports of the Portsmouth Naval Shipyard by the Seacoast Shipyard Association from calendar year 2020 to 2025 shows that payroll value increased by 15.3% — from $671.4 million to $774 million.
NH is destination for space sector
The two-day Space, Technology, Trade and Research expo on Oct. 28-29 in Durham convened innovators, producers, scientists, engineers, investors, bankers, students and representatives of the U.S. Space Force and Department of War. The goal: Increase networking, collaboration and awareness of what’s happening here, including on the campus of UNH, which provides tools, expertise and facilities for product development and testing.
BAE signs pact with War Department to increase production of laser-guidance kits
The Hudson campus of BAE Systems was the setting for the signing of a multiyear agreement with the U.S. Department of War to increase production capacity of the company’s APKWS laser-guidance kits up to 35,000 units per year. The kits, which transform unguided 2.75-inch rockets into precision-guided munitions, are used by the Air Force, Army, Marine Corps and Navy, and are available to U.S. allies.
The sweepstakes to pick a Medicare plan is on
The exit of two Medicare Advantage carriers from the state will affect 14,200 current enrollees, while changes to other plans could mean a decline in overall enrollment in Advantage plans by 18,104 beneficiaries in 2027
Live-work-create tech village eyed for Manchester
A tech-entrepreneur turned venture capitalist is eyeing one of the largest undeveloped tracts in Manchester for a community where tech- and startup-minded people would live and work. Freedom Village would be located on 250 acres of mostly wooded land at Hackett Hill, which is located in the northwestern corner of Manchester.
Manchester property values jump nearly 50%
The value of all property in Manchester increased by almost half — 48% ‑ over the past five years, according to preliminary data released by city officials on Oct. 13 The valuations, compiled due to a citywide revaluation, add up to $23.09 billion. The current value of city properties is $15.56 billion, which was based on assessments made during the city's last revaluation.
Building tomorrow’s manufacturing workforce
This year’s Advanced Manufacturing and High Technology Summit kicked off with a topic universal to all employers: how to build the workforce of tomorrow. The 24th annual event organized by the New Hampshire Manufacturing Extension Partnership on Oct. 9 featured a keynote panel discussion featuring representatives from the state’s university and community college systems.
It’s (still) the economy, stupid
Back in 1992, political strategist James Carvell came up with the phrase, “It’s the economy, stupid,” to help Democrat Bill Clinton defeat incumbent Republican President George H.W. Bush.
Trouble on the home front
Permitting and construction of new homes is up, but it’s still at historic lows and not enough to keep up with demand. The recent housing production is mostly single-family, with a smattering of multi-family developments but relatively few duplexes, triplexes and fourplexes.
