New Hampshire
From Wikinvestor
New Hampshire is a state in the New England region of the northeastern United States of America. The state was named after the southern English county of Hampshire. It borders Massachusetts to the south, Vermont to the west, Maine to the east, and the Canadian province of Quebec to the north. New Hampshire ranks 44th in land area, 46th in total area of the 50 states, and 41st in population. It became the first post-colonial sovereign nation in the Americas when it broke off from Great Britain in January 1776, and was one of the original thirteen states that founded the United States of America six months later. It was the ninth state to ratify the United States Constitution, bringing that document into effect. New Hampshire was the first U.S. state to have its own state constitution, and is the only state with neither a general sales tax nor a personal income tax at either the state or local level.Concord is the state capital, while Manchester is the largest city in the state.
Contents |
Geography
New Hampshire is part of the New England region. It is bounded by Quebec, Canada to the north and northwest; Maine and the Atlantic Ocean to the east; Massachusetts to the south; and Vermont to the west. New Hampshire's major regions are the Great North Woods, the White Mountains, the Lakes Region, the Seacoast, the Merrimack Valley, the Monadnock Region, and the Dartmouth-Lake Sunapee area. New Hampshire has the shortest ocean coastline of any U.S. coastal state, with a length of 18 miles (29 km).
Climate
New Hampshire experiences a humid continental climate (Koppen climate classification Dfa in southern areas and Dfb in the north), with warm, humid summers, cold, wet winters, and uniform precipitation all year. The climate of the southeastern portion is moderated by the Atlantic Ocean and averages relatively milder and wetter weather, while the northern and interior portions experience cooler temperatures and lower humidity. Winters are cold and snowy throughout the state, and especially severe in the northern and mountainous areas. Average annual snowfall ranges from 60 inches (150 cm) to over 100 inches (250 cm) across the state.
Demographics
As of 2005, New Hampshire has an estimated population of 1,309,940, which is an increase of 10,771, or 0.8%, from the prior year and an increase of 74,154, or 6.0%, since the year 2000. This includes a natural increase since the last census of 23,872 people (that is 75,060 births minus 51,188 deaths) and an increase due to net migration of 51,968 people into the state. Immigration from outside the United States resulted in a net increase of 11,107 people, and migration within the country produced a net increase of 40,861 people.
The center of population of New Hampshire is located in Merrimack County, in the town of Pembroke. The center of population has moved south 12 miles (19 km) since 1950, a reflection of the fact that the fastest growth in the state has been along its southern border, which is within commuting range of Boston and other Massachusetts cities.
Economy
The Bureau of Economic Analysis estimates that New Hampshire's total state product in 2003 was $49 billion. Personal income in 2005 was $37,835, 6th in the nation and 10 percent greater than the national average ($34,495). Its agricultural outputs are dairy products, nursery stock, cattle, apples and eggs. Its industrial outputs are machinery, electric equipment, rubber and plastic products and tourism. New Hampshire experienced a significant shift in its economic base during the last century. Historically, the base was composed of the traditional New England manufactures of textiles, shoe-making, and small machining shops drawing upon low-wage labor from nearby small farms and from parts of Quebec. Today, these sectors contribute only 2% for textiles, 2% for leather goods, and 9% for machining of the state's total manufacturing dollar value (Source: U.S. Economic Census for 1997, Manufacturing, New Hampshire). They experienced a sharp decline due to obsolete plants and the lure of cheaper wages in the South.
According to the Energy Information Administration, New Hampshire’s energy consumption and per capita energy consumption are among the lowest in the country. The Seabrook Station Nuclear Power Plant, located near Portsmouth, is the largest nuclear reactor in New England and provides about 30 percent of New Hampshire’s electricity. Two natural gas-fired plants and some fossil-fuel powered plant, including the coal-fired Merrimack Station plant in Bow, provide most of the rest.
