New Hampshire is the Only State in New England Whose GDP Growth Ranking Fell Between Q1 and Q2 of 2021
According to a new report from the U.S. Bureau of Economic Analysis, this year New Hampshire dropped from third to 32nd in the nation for GDP growth under Chris Sununu.
New Hampshire’s real GDP growth for the second quarter was 16 percent below the national average and 21 percent below the New England average.
“Now, not only is New Hampshire last in New England for vaccinations, but we’re falling behind New England — and the country — in economic growth,” said NHDP Chair Ray Buckley. “Under Chris Sununu, small businesses are being left behind, our economic recovery is stalling, and our state is becoming less attractive to businesses.”
New Hampshire is the only state in New England that had a sharp decline in its GDP growth ranking from Q1 to Q2 in 2021. Connecticut’s GDP ranking increased by five places, Maine’s moved up by eight, Massachusetts’ by 11 points, Rhode Island’s moved up three places, and Vermont’s moved up by 18. Meanwhile, New Hampshire’s GDP ranking fell by 29 places.
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