July 26, 2011

Region’s Economy Still Struggling

According to a recent forecast by the New England Economic Partnership, New England’s economy is still struggling and will not return to pre-recession employment levels until 2014. The forecast found that among New England states, New Hampshire is expected to have the highest employment growth rate this year, and Connecticut the lowest. Housing prices will also continue to decline. It also found that one positive note is trade with Canada, especially exports by Maine, Rhode Island, and Vermont.

The New England Economic Partnership is a non-profit organization that provides economic analyses and forecasts of New England as a region and its individual states.