New Hampshire Union-Leader: our state’s recession will be over before neighboring states because we have a lower tax rate
The New England Economic Partnership’s latest study, released last week, projected that Rhode Island would suffer the most in the current recession, New Hampshire the least. New Hampshire would not only come out of the recession sooner than the other states, but it would have the lowest unemployment throughout. Our peak unemployment is expected to hit 7.1 percent; Rhode Island’s 10.9 percent. New Hampshire is expected to be the only New England state to maintain an unemployment rate lower than 8 percent during the recession.
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