Economically, it’s still sunny in New Hampshire
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As 2018 comes to a close, these might be ranked as the best of times for the state, economically at least. The worry is whether worse times are yet to come.
Economic activity has risen by 3 percent in each of the last two years. Business taxes (even with a cut in the business tax rate) have risen 23 percent since the summer. Unemployment — at a seasonally adjusted 2.6 percent in October — is the third lowest in the country, just behind Hawaii and Iowa. The state added 15,340 jobs in 2018 and a third of them were in manufacturing and construction, which usually pay better than service jobs, where the growth often occurs.