New Hampshire State Profile

New Hampshire banks use federal funds to increase home and commercial loans; economic recovery expected to be slow but faster than other New England states; business tax climate rated among best in nation despite third highest property tax in region.

• State job growth fell 2.6% in August 2009 from a year ago; national job growth fell 4.4%.
• State unemployment averaged 6.9% in August 2009; the national average was 9.7%
• Personal income fell 2.1% to $56.3 billion in Q2 2009 from a year ago.
• Tax revenue fell 9.9% in Q2 2009 from the previous year.
• Exports fell 6.0% to $2.2 billion in the first seven months of 2009 from a year ago.
• Venture capital investment in NH fell 92% to $7.5 million in Q2 2009 from a year ago.