New Hampshire

New Hampshire Tops Economic Freedom Index Again

Published

1 year ago

December 6, 2024

New Hampshire Tops Economic Freedom Index Again

Autumn reflection along the Portsmouth New Hampshire waterfront. It is a historic seaport and … [+] popular summer tourist destination. Portsmouth is the third oldest city in the USA. New Hampshire is one of New England’s most popular fall foliage destinations bringing out some of the best foliage in the United States

getty

The positive relationship between economic freedom and economic growth is one of the most robust empirical relationships in economics. This is good news for New Hampshire, which ranks number one in the latest edition of the Fraser Institute’s Economic Freedom of North America (EFNA) index.

Each year, the Fraser Institute releases its EFNA index, which ranks the 50 U.S. states, 10 Canadian provinces, and 32 Mexican states based on how free their citizens are to engage in economic activity. The three primary areas analyzed for the index are government spending, taxes, and labor market freedom. Data for the report are from 2022, which are the most recent data available due to lags in reporting across the various states and countries. Among the three countries, U.S. states are freer on average, holding every top 40 spot except for one: Alberta, Canada is tied for 12^th overall. Every Mexican state is ranked below every U.S. state and Canadian province.

In the United States, New Hampshire is the freest state, followed by South Dakota and Florida. New York is the least free state, ranked just below California and Hawaii (see figure below).

Top and bottom 5 states on EFNA index

Fraser Institute Economic Freedom of North America Index https://www.fraserinstitute.org/studies/economic-freedom-north-america-2024

As discussed in the report, the most economically free U.S. states experienced faster population growth and more employment growth from 2013 to 2022. Population growth in the states ranked in the top 25% was 8.3% over this period. For those ranked in the bottom 25%, it was only 0.8%. Similarly, employment growth in the states ranked in the top 25% was 12%, while it was only 4% for those in the bottom 25%. Per capita incomes also grew faster on average in states that increased their economic freedom over this period, as shown in the figure below.

Average growth in per capita income and economic freedom

Fraser Institute Economic Freedom of North America Index https://www.fraserinstitute.org/studies/economic-freedom-north-america-2024

So, what can state policymakers do to increase economic freedom in their state? One option is tax reform. High tax rates impose large financial burdens on workers, businesses, and consumers and distort choices, such as whether to work more or invest rather than spend. Lower tax rates allow people to keep more of their money and reduce distortions, which is why lowering rates increases economic freedom.

Louisiana ranks 23^rd on this year’s index, but it is likely to do better next year due to its recent tax reforms. In a recent special session that ended a couple weeks ago, Louisiana’s legislature approved a flat 3% individual income tax rate, eliminating the previous top rate of 4.25% that applied to income over $50,000. It also lowered the corporate income tax rate to a flat 5.5% from a top marginal rate of 7.5%. To offset some of the lost revenue, the sales tax rate was increased from 4% to 5%. Unfortunately, other pro-growth tax reforms that eliminated tax credits for restoring historic buildings and the film industry were defeated.

Reducing regulation is another way states can boost economic freedom. While regulation can provide benefits, too much regulation restricts consumers’ choices and imposes unnecessary burdens on businesses. America’s inability to build housing and energy and transportation infrastructure is a perfect example of what happens when regulation runs amok.

Idaho is a great example of how a state can reduce its regulatory burden. Since 2019, it has eliminated or simplified 95% of its regulations through a comprehensive process that requires agencies to periodically review regulations and eliminate or reform those that are not working. Today, it is one of the least regulated states in the country and its economy is booming: Its real GDP grew by 5.9% on an annualized basis—the highest in the country—according to the most recent data from the Bureau of Economic Analysis.

A thriving economy benefits everyone—workers, consumers, and entrepreneurs—and government has a role to play in protecting individual economic choices so people are free to innovate and create new products and services. State officials who want to improve their state’s economy should focus on increasing economic freedom.

Source link

Click to comment

New Hampshire

NH Lottery Powerball, Lucky For Life winning numbers for Jan. 7, 2026

Published

6 hours ago

January 8, 2026

Press Room

The New Hampshire Lottery offers several draw games for those aiming to win big. Here’s a look at Wednesday, Jan. 7, 2026 results for each game:

Winning Powerball numbers from Jan. 7 drawing

15-28-57-58-63, Powerball: 23, Power Play: 2

Check Powerball payouts and previous drawings here.

Winning Lucky For Life numbers from Jan. 7 drawing

05-14-15-21-39, Lucky Ball: 10

Check Lucky For Life payouts and previous drawings here.

Winning Pick 3 numbers from Jan. 7 drawing

Day: 1-5-7

Evening: 0-1-4

Check Pick 3 payouts and previous drawings here.

Winning Pick 4 numbers from Jan. 7 drawing

Day: 6-8-6-9

Evening: 7-8-6-6

Check Pick 4 payouts and previous drawings here.

Winning Megabucks Plus numbers from Jan. 7 drawing

03-08-13-33-40, Megaball: 04

Check Megabucks Plus payouts and previous drawings here.

Winning Gimme 5 numbers from Jan. 7 drawing

16-19-21-25-34

Check Gimme 5 payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news & results

When are the New Hampshire Lottery drawings held?

Powerball: 10:59 p.m. Monday, Wednesday, and Saturday.
Pick 3, 4: 1:10 p.m. and 6:55 p.m. daily.
Mega Millions: 11:00 p.m. Tuesday and Friday.
Megabucks Plus: 7:59 p.m. Monday, Wednesday and Saturday.
Lucky for Life: 10:38 p.m. daily.
Gimme 5: 6:55 p.m. Monday through Friday.

Winning lottery numbers are sponsored by Jackpocket, the official digital lottery courier of the USA TODAY Network.

Where can you buy lottery tickets?

Tickets can be purchased in person at gas stations, convenience stores and grocery stores. Some airport terminals may also sell lottery tickets.

You can also order tickets online through Jackpocket, the official digital lottery courier of the USA TODAY Network, in these U.S. states and territories: Arizona, Arkansas, Colorado, Idaho, Maine, Massachusetts, Minnesota, Montana, Nebraska, New Hampshire, New Jersey, New York, Ohio, Oregon, Puerto Rico, Washington D.C., and West Virginia. The Jackpocket app allows you to pick your lottery game and numbers, place your order, see your ticket and collect your winnings all using your phone or home computer.

Jackpocket is the official digital lottery courier of the USA TODAY Network. Gannett may earn revenue for audience referrals to Jackpocket services. GAMBLING PROBLEM? CALL 1-800-GAMBLER, Call 877-8-HOPENY/text HOPENY (467369) (NY). 18+ (19+ in NE, 21+ in AZ). Physically present where Jackpocket operates. Jackpocket is not affiliated with any State Lottery. Eligibility Restrictions apply. Void where prohibited. Terms: jackpocket.com/tos.

This results page was generated automatically using information from TinBu and a template written and reviewed by a New Hampshire managing editor. You can send feedback using this form.

Source link

New Hampshire

Civics 101: What’s happening with Venezuela?

Published

19 hours ago

January 7, 2026

Press Room

Civics 101: What’s happening with Venezuela?

On January 3, the United States military carried out what the administration called a “large-scale strike” in Caracas, Venezuela’s capital, amid several reported explosions and aerial bombardment.

Tune in to Civics 101 during Here & Now on Thursday, January 8 for a special edition breaking down one of the most unprecedented events in recent international affairs. This segment begins at 1:40 p.m. EST.

Listen to NHPR on your radio, stream us online, or just ask your smart speaker to “play NHPR.” You can also listen to this special episode of Civics 101 on demand.

In this episode, hosts Hannah McCarthy and Nick Capodice break down the history, context, and legality of what’s unfolding now — and what it could mean for Venezuela, the United States, and international law.