NH OUTLOOK, Tuesday, 6/28/2005
script iconPreshow #1economy script iconTag Voice & Vision
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script iconHello/Intro Economy script iconkey: State politics/ Government
script iconBelknap script iconkey: Economy
script iconLaconia script iconkey: culture/ arts
script iconLakes Retirement script iconkey: UNH
script iconSeacoast Housing script iconTonight 10:00
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script iconPreshow #1economy
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On this New Hampshire Outlook:
Checking the pulse of the State's Economy - we'll take a look at the housing market and interest rates
as we assess NH's economic forecast for 2005.
Also ahead:
script iconPreshow #2 Voice
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A new project brings artists together in a new way.
script iconHello/Intro Economy
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Hello. I'm Beth Carroll. Welcome to New Hampshire Outlook.
In this program: a look at NH's economic Outlook for 2005.
While New England as a whole is expected to "lag" behind the rest of the nation, NH's is forecasted to have "strong"growth for 2005.
The state's latest Labor Report shows Employment is UP-- The unemployment rate is declining -- and Personal income is on the Rise. All indications that the local economy is on the mend.
Here to talk about the STATE of the state's Economy: Stuart Arnett, NH's Economic Development Director,
Ross Gittell, Professor of Management with the UNH Whittemore School of Business & Economics, and
Russ Thibeault of Applied Economic Research. Welcome!
Q Ross Gittell: You're quoted as saying that NH is the ONLY state "above" the US average in terms of
economic growth.
WHY is that?
Q NH's economy as a whole doing well. Let's break it down into regions.
We'll start with the SEACOAST, Once a shining star. Are things still looking as bright for the Seacoast in 2005?
STU?
script iconBelknap
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Let's take the LAKES Region. Heard an intresting statistic about Belknap county.
According to research by a group called PolEcon:
Belknap County is described as the FASTEST-growing county in the state.
and, one of the fastest growing counties in New England
Q So, what's happening in Belknap county?
script iconLaconia
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An outfit called POLICOM CORP out of Florida put together an Economic Strength Rating -- and the LAKES region gets HIGH grades.
LACONIA -- placed 5th BEST out of 600 "micro-politan" communities in the country.
The group defines micro-politans -- as communities with at least one urbanized area with a population
between 10 and 50- thousand.
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The book "Retirement Places Rated" -- suggests the LAKES AREA has grown in size and quality.
It ranks the Lake Winnepausaukee area: 8TH out of 203 retirment areas in 40 states.
Hanover was ranked 15th.
Q ROSS/STU: Consistent with your findings and economic DATA.?
script iconSeacoast Housing
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Let's talk Housing, a big part of the economic Picture.
Here's a snapshot of the Seacoast Housing Market.
A 3-bedroom home across from commercial property in Portsmouth would have cost you 150-thousand dollars back in 2000.
3-years later -- that same home would sell for 250-thousand dollars.
An increase of 67-percent in 3 years.
In the Merrimack Valley -- specifically Concord - the state's capital.
The average price of a single family home in 2000: 134-thousand dollars.
In 2003 - that figure shot up to 199-thousand dollars.
If you travel NORTH to Berlin for example.
The average price of a single-family home was in the mid-50's back in 2000.
3-years later, that same home would cost you around 67-thousand dollars.
Interest Rates are a BIG part of the Housing equation. The Federal Reserve has just RAISED interest rates by one-quarter of one percent. It's the 6th rate hike since last June, and it may not be the last.
Analysts think the Fed will push the funds rate up in similar increments through most of this year.
Q What's that likely to do to NH's Housing Market?
script iconIntro Voice & Vision
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On the Seacoast, the Portsmouth Poet Laureate Program is working to connect the community through ART -- thanks to it's new "Voice and Vision" program.
Twelve poets and visual artists were selected to work as pairs to produce joint works of art, expanding their creative process beyond the boundaries of their own art form.
Chip Neal was there when the finished works were first introduced to the public.
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The finished art work will be placed in public venues around Portsmouth.
If you'd like to find out where you can see the art work log on to our website, NHPTV-dot-org/Outlook for a link to the Portsmouth Poet Laureate Program.
Just a reminder if you missed any of this program or would like to watch it again-- New Hampshire Outlook is available online on-demand.
script iconGoodnight
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That concludes our program.
Thanks for watching.
I'm Beth Carroll.
We'll see you next time.
script iconkey: State politics/ Government
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NEW HAMPSHIRE OUTLOOK Air Date/Time: 6/28/05
HOST: Beth Carroll Length: 16:30
On this New Hampshire Outlook: Checking the pulse of the State's Economy, we'll take a look at the housing market and interest rates as we assess NH's economic forecast for 2005. A new project brings artists together in a new way. Hello. I'm Beth Carroll. Welcome to New Hampshire Outlook. In this program: a look at NH's economic Outlook for 2005. While New England as a whole is expected to "lag" behind the rest of the nation, NH's is forecasted to have "strong"growth for 2005. The state's latest Labor Report shows Employment is up. The unemployment rate is declining and personal income is on the Rise. All indications that the local economy is on the mend. Here to talk about the STATE of the state's Economy: Stuart Arnett, NH's Economic Development Director, Ross Gittell, Professor of Management with the UNH Whittemore School of Business & Economics, and Russ Thibeault of Applied Economic Research.
PRODUCER/REPORTER: NAME OF PARTICIPANTS: Stuart Arnett\NH Division of Economic Development, Ross Gittell\Professor of Management, \Ross Gittell\UNH Whittemore School of Business & Economics, \Russ Thibeault\Applied Economic Research
script iconkey: Economy
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NEW HAMPSHIRE OUTLOOK Air Date/Time: 6/28/05
HOST: Beth Carroll Length: 16:30
On this New Hampshire Outlook: Checking the pulse of the State's Economy, we'll take a look at the housing market and interest rates as we assess NH's economic forecast for 2005. A new project brings artists together in a new way. Hello. I'm Beth Carroll. Welcome to New Hampshire Outlook. In this program: a look at NH's economic Outlook for 2005. While New England as a whole is expected to "lag" behind the rest of the nation, NH's is forecasted to have "strong"growth for 2005. The state's latest Labor Report shows Employment is up. The unemployment rate is declining and personal income is on the Rise. All indications that the local economy is on the mend. Here to talk about the STATE of the state's Economy: Stuart Arnett, NH's Economic Development Director, Ross Gittell, Professor of Management with the UNH Whittemore School of Business & Economics, and Russ Thibeault of Applied Economic Research.
PRODUCER/REPORTER: NAME OF PARTICIPANTS: Stuart Arnett\NH Division of Economic Development, Ross Gittell\Professor of Management, \Ross Gittell\UNH Whittemore School of Business & Economics, \Russ Thibeault\Applied Economic Research
script iconkey: culture/ arts
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NEW HAMPSHIRE OUTLOOK Air Date/Time: 6/28/05
HOST: Beth Carroll Length: 07:30
On this New Hampshire Outlook: Checking the pulse of the State's Economy, we'll take a look at the housing market and interest rates as we assess NH's economic forecast for 2005. A new project brings artists together in a new way. Hello. I'm Beth Carroll. Welcome to New Hampshire Outlook. On the Seacoast, the Portsmouth Poet Laureate Program is working to connect the community through ART thanks to it's new "Voice and Vision" program. Twelve poets and visual artists were selected to work as pairs to produce joint works of art, expanding their creative process beyond the boundaries of their own art form.
PRODUCER/REPORTER: NAME OF PARTICIPANTS: John Perrault\Portsmouth Poet Laureate, Lesley K. Gaudreau\Poet, Tim Gaudreau\Eco-Artist, Mimi White\Poet, Sarah D. Haskell\Weaver, Kimberly Cloutier Green\Poet, Cappy Whelan\Painter, John Perrault\Portsmouth Poet Laureate
script iconkey: UNH
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No UNH stories
script iconTonight 10:00
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Tonight on New Hampshire Outlook:
Join us tonight at 10:00 only on New Hampshire Public Television.
script iconWEB PROMO
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Tonight on New Hampshire Outlook.
. Tonight at 10pm on New Hampshire Public Television.
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