New Hampshire Industries
Agriculture Sector in New Hampshire
New Hampshire’s agriculture sector is a major contributor to the state’s economy and includes a variety of products ranging from dairy, poultry, and vegetables to forestry products. The state’s agricultural industry employs over 40,000 people and generates more than $2 billion in annual economic activity.
- ABBREVIATIONFINDER: Offers a list of all phrases that are abbreviated as NH, including the state name of New Hampshire.
Dairy is one of the main products of New Hampshire’s agriculture sector with the state producing over 1 billion pounds of milk annually. Dairy farming has long been an important part of New Hampshire’s agricultural heritage with many family-run farms operating for generations. Additionally, the state is home to numerous cheese-making companies which produce some of the finest artisanal cheeses in the world.
Poultry production is also an important part of New Hampshire’s agriculture industry with chicken, turkey, and eggs being some of the most widely produced items in the state. In addition to poultry production, New Hampshire also produces a wide variety of vegetables including potatoes, corn, beans, squash, and tomatoes.
Finally, forestry products are another key component of New Hampshire’s agricultural industry with lumber being one of the main commodities produced in the state. The forestry sector provides jobs for thousands of people and generates millions in revenue each year through timber sales and related activities such as paper manufacturing and woodworking.
Overall, New Hampshire’s agriculture sector plays an integral role in both its economy and history with dairy farming being one of its oldest traditions while poultry production continues to be an important source of income for many families in rural areas. Additionally, forestry products are another major contributor to both employment opportunities and economic growth throughout the entire state.
Manufacturing Sector in New Hampshire
The manufacturing sector is an important part of New Hampshire’s economy, providing jobs and income to thousands of people. The state is home to a diverse range of manufacturers, including those in the aerospace, automotive, electronics, food processing, and medical device industries. As one of the “Pillar Industries” that drive the state’s economy, manufacturing accounts for over $6 billion in economic activity each year.
Aerospace is one of the major manufacturing industries in New Hampshire with numerous companies producing aircraft components and other related products. These companies are responsible for providing jobs to thousands of people throughout the state and contribute significantly to the local economy. Additionally, many aerospace firms have operations in other states as well as overseas which further contributes to New Hampshire’s economic growth.
Automotive manufacturers are another major part of New Hampshire’s manufacturing sector with several companies producing cars and parts within the state. These businesses provide jobs to many people throughout New Hampshire while also generating revenue through exports to other countries. Additionally, automotive manufacturers often take advantage of local resources such as suppliers which helps further boost economic activity within the state.
Electronics production is another key component of New Hampshire’s manufacturing sector with many firms producing a variety of products ranging from consumer electronics to industrial components. This industry provides employment opportunities for thousands while also generating revenue through exports and sales domestically.
Finally, food processing is an important part of New Hampshire’s manufacturing industry with numerous companies producing canned goods and other food items within the state. This sector provides employment opportunities for many people while also bringing revenue into the local economy through sales both domestically and internationally.
Overall, New Hampshire’s manufacturing sector plays an integral role in its economy by providing jobs to thousands while also generating significant amounts of revenue each year through exports and domestic sales. The state has a diverse range of manufacturers that produce products ranging from aerospace components to canned goods which helps further boost economic activity within its borders.
Foreign Trade in New Hampshire
New Hampshire’s foreign trade is an important part of the state’s economy and has been growing steadily over the past few decades. The state is home to numerous businesses that export goods and services to other countries, as well as import products from abroad. In 2019, New Hampshire exported over $7 billion worth of goods and services to other countries, making it one of the top exporting states in the US.
The majority of New Hampshire’s exports are in the form of manufactured goods, such as chemicals, machinery, and electrical products. Over half of all exports from New Hampshire go to Canada and Mexico due to their close proximity. Other major export destinations include China, Japan, Germany, United Kingdom, France, India and South Korea. Additionally, exports from New Hampshire also support local businesses by providing access to global markets for their products.
In terms of imports into New Hampshire from other countries, these mainly consist of manufactured goods such as machinery and equipment for use in manufacturing processes or consumer electronics. Other imports include chemicals used in various industrial processes as well as petroleum products used for fuel or energy production. Major import partners for New Hampshire include Canada and Mexico once again due to their close proximity but also China and Japan who are both large suppliers of manufactured goods into the US market.
Foreign direct investment (FDI) is also an important part of foreign trade in New Hampshire with many multinational companies investing in local businesses or setting up operations within the state itself. FDI helps create jobs within New Hampshire while also allowing companies access to new markets or technologies which can help them expand their operations further afield.
Overall, foreign trade plays an integral role in the economy of New Hampshire with numerous companies taking advantage of global markets for both imports and exports while FDI provides additional investment into local businesses which helps boost economic activity within the state itself. As such it is clear that foreign trade will continue to be a major component of economic activity within New Hampshire for years to come with both domestic companies taking advantage of opportunities abroad while multinational firms invest heavily into local businesses as well.
Top 3 Cities in New Hampshire
According to Countryaah, Manchester, New Hampshire is the largest city in the state and is located in the southern part of the state, along the Merrimack River. It is home to a population of over 110,000 people and is known for its vibrant downtown area which includes a variety of shopping, dining, entertainment and cultural attractions. The city also has a strong industrial heritage with many factories and mills still operating in the area today. Manchester is home to several universities and colleges including Southern New Hampshire University (SNHU) as well as several technology companies.
Concord, New Hampshire is located in central New Hampshire along the Merrimack River. It has a population of around 43,000 and serves as both the state capital as well as being an important economic center for the region. Concord has a variety of historic sites including The State House which was built in 1819 and has been used continuously since then as well as numerous museums and galleries showcasing local history. The downtown area consists primarily of small independent businesses offering a range of goods from antiques to clothing while there are also larger shopping centers located on the outskirts of town.
Nashua, New Hampshire is located in southwestern New Hampshire just over 20 miles from Boston, Massachusetts. It has a population of around 88,000 people making it one of the largest cities in the state. Nashua’s economy is based mainly on technology with several large companies such as Hewlett-Packard having offices here while there are also numerous small businesses operating throughout town that specialize in software development or engineering services. In addition to its business sector Nashua also offers plenty of entertainment options with its lively downtown area featuring restaurants, bars and live music venues while there are also numerous parks and recreational areas located throughout town for residents to enjoy.