New Buckeye Institute Research Finds New Hampshire’s Economic Recovery is Better Than ExpectedFeb 25, 2021
Columbus, OH – On Thursday, The Buckeye Institute released a new policy report, New Hampshire’s Economic Recovery: Better Than Expected, by its Economic Research Center in partnership with the Josiah Bartlett Center. The new report found that “[c]oming out of 2020, New Hampshire is in better financial shape than many other states thanks to a sound revenue structure, relatively restrained spending, a strong economy, and good management.”
In the report, author Logan Kolas, an economic policy analyst with the Economic Research Center at The Buckeye Institute, builds on his research in A Case Study from the Heartland: Ohio’s Tax Collections Reveal Danger from Big Government Bailout, writing, “The pandemic of 2020 has done untold economic damage to households, businesses, and state and local governments across the country. Fortunately, New Hampshire’s fiscal house was in order before the pandemic, with low taxes and a healthy reserve fund that made it easier for state policymakers to respond well to the unexpected economic challenges at-hand.”
Upon releasing the report, the Josiah Bartlett Center (JBC) noted that the research demonstrated that “New Hampshire’s experience during the pandemic showed the value of budgetary restraint and sound financial management,” with JBC president Andrew Cline pointing out that “[r]estrained state spending, a stable tax base, and a strong economy let New Hampshire weather the pandemic better than many other states did.”
To help citizens and policymakers understand how policy decisions impact businesses, families, jobs, the economy, and state revenues, the Economic Research Center (ERC) at The Buckeye Institute provides reliable research and custom dynamic economic modeling on tax policy, government spending, energy policy, and health care policy. Since 2016, the ERC’s work has saved taxpayers in 10 states more than $1 billion.
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