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New Hampshire Economy
Agriculture
In terms of revenue generated New Hampshire's top five agricultural products are greenhouse and nursery products, dairy products, apples, cattle and calves, and sweet corn.
Livestock
Dairy farming and dairy products contribute about 31% of the state's total agricultural receipts.
Beef cattle and calves are important along with chicken eggs.
Aquaculture and hog production make up a smaller part of the livestock products sector.
Crops
Greenhouse and nursery products are the most important agricultural products for New Hampshire. Home and garden plants and Christmas trees are the most important items in this area.
New Hampshire's most important field crop is hay, used mainly for cattle and horse feed.
Maple syrup is an important farm product.
Sweet corn and potatoes are the leading vegetable crops while apples are the leading fruit crop
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Manufacturing
Manufacturers add value to raw products by creating manufactured items. For example, cotton cloth becomes more valuable than a boll of cotton through manufacturing processes.
New Hampshire's leading manufactured products are computer and electronic products. Telephone equipment, computer microchips, military communication systems are also manufactured.
Fabricated metals manufacturing (ball bearings, machine tools) is the second-ranking manufacturing activity followed by machinery manufacture (printing, metalworking machinery, lens-making equipment, optical instruments).
Mining
Though many important minerals are scattered throughout the state, sand and gravel for roads and concrete are New Hampshire's leading mined products.
Granite quarries provide building stones.
Services
In the services area, the finance, insurance and real estate industry leads the way due to growing urban areas, tourism and strong real estate markets. Manchester is the state's insurance and banking center. Each year, tourism brings in billions of dollars to the state.
Ranking second is the community, business and personal services sector spurred by private health care, law firms, vacation resorts and repair shops.
The wholesale (automobiles, groceries) and retail (discount stores, food stores, service stations, restaurants) trade sector ranks third.
Sources
Charles E. Clark and Robert L. A. Adams, "New Hampshire," World Book Online Americas Edition, http://www.worldbookonline.com/wbol/wbPage/na/ar/co/388520, August 15, 2001.
U.S. Department of Agriculture: National Agricultural Statistics Service, "New Hampshire State Agriculture Overview, 2004", 3 January 2006, <http://www.nass.usda.gov/Statistics_by_State/Ag_Overview/AgOverview_NH.pdf> (12 January 2006)
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