New Hampshire Economic Outlook December 2012

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Brief Description

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.”