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About Working It Out
Working It Out is a project of New Hampshire Public Radio in collaboration with The New Hampshire Charitable Foundation. On the air, NHPR covers the changing economy in its programs and reports. On the web, we gather your observations about the economy as you experience it and give you the tools to sort and compare that information to match your interests. We also offer the Briefing Room, quick updates on breaking economic news, and our regular podcast round-up of the week's economic news.
Questions or comments should be directed to Jon Greenberg, Executive Editor. Jgreenberg @ nhpr.org
Credits and Thanks:
Redfin Solutions for Drupal development
Wetherbee Creative and Web for core graphics and web design
Jean Michael Laurent for video production (and to Concord Community Television for use of production equipment)
Community Partners: (Join us. We welcome your help in this effort. Email jgreenberg @ nhpr.org to learn more.)
NH Charitable Foundation - Upper Valley Region, Lakes Region, Monadnock Region
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Briefing Room
Declining home prices continue to help residential sales in New Hampshire. Prices are down about 11 percent and sales for the year are a hair above what they were in 2008.
Real estate agents are pleased with the October numbers. After a grim period stretching from last fall to early spring, there’s been a consistent if modest upward trend. The number of homes sold last month rose compared to this September and compared to October a year ago. The data come from the New Hampshire Association of Realtors.
The state unemployment rate fell 4-tenths of a percent in October.
Unemployment dropped to 6.8 percent. The decline caught most analysts by surprise. Usually, when the national rate rises, as it did, so does the state’s.
Economist Annette Nielsen with the labor market information bureau says the job growth is real. The rate is not due to lots of people dropping out of the labor force. But Nielsen takes a cautious view.
Nielsen: "I would like to see a couple of months before I would definitely say this is what’s going on."
Weekly Wrap-Up
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