New Hampshire Economic Outlook 2026

GDP growth, unemployment, tariff impacts, and economic forecast for New Hampshire heading into the 2026 elections.

2.8%
GDP Growth Rate
2.5%
Unemployment Rate
Surplus
State Budget Outlook
Stable
Job Growth Forecast

2026 Economic Overview

New Hampshire’s no-income-tax model attracts business but the housing crisis is undermining its competitiveness. The economic debate in 2026 centers on housing and workforce development.

Key Economic Indicators

IndicatorValue / Status
GDP Growth Rate2.8%
Unemployment Rate2.5%
Top Economic SectorAdvanced Manufacturing, Healthcare, Tourism
State Budget OutlookSurplus
Job Growth ForecastStable
Tariff ImpactModerate — manufacturing exposed; no income tax benefits business
Key Economic RiskLabor shortage limiting growth; housing crisis constraining workforce attraction

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