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How does the current Great Recession compare to the early 1990s, when New Hampshire was last clobbered by a national economic downturn? In this series, The Telegraph examines various facets of the state economy and how they are affected now, compared to how they fared in the recession two decades ago.
Kevin Landrigan's recession comparison
Hard Times: Recession Then and Now
Surplus fell to deficit in fiscal 1994
By PATRICK MEIGHAN Staff Writer | Friday, December 31, 2010
NASHUA – In 1993, Carol Anderson was an accountant newly employed by the city’s finance department. The city was still reeling from the ripple effects …
Current recession hitting state budget harder than last
By PATRICK MEIGHAN Staff Writer | Friday, December 31, 2010
CONCORD – The impact of the current recession on the state budget is much deeper and more serious than the bank failures of two decades …
Collapses alike for real estate
By DAVID BROOKS Staff Writer | Thursday, December 30, 2010
Home prices fall and sales collapse after years of a building boom. Business parks sit half empty. Foreclosures increase. …
Three types of bankruptcy are common
By ANDREW WOLFE Staff Writer | Wednesday, December 29, 2010
Once upon a time in Merry Auld England, people who could not pay their debts were thrown into prison and had to depend on friends …
Bankruptcy cases tell many tales
By ANDREW WOLFE Staff Writer | Wednesday, December 29, 2010
If you find yourself peering over the brink of bankruptcy, it might comfort you to know that some of the bigger names in New England …
City police officials don’t see strong link between recession, crime rate
By JOSEPH G. COTE Staff Writer | Tuesday, December 28, 2010
Although a poor economy is one factor in a city’s crime rate, Nashua Police Chief Donald Conley and his deputies say they didn’t see a …
Differences in Hard Times
By CAMERON KITTLE Staff Writer | Tuesday, December 28, 2010
It might be easy to cut down on excess spending in a recession, especially when money’s tight and raises are rare. But there are still …
Plenty of signals before 1991 bank closures
By DEAN SHALHOUP Staff Writer | Monday, December 27, 2010
Warning signs increasingly dotted the horizon as the hot summer of 1991 began to give way to fall. A summertime Salem job fair that was …
Recessions’ moments of chaos
By ASHLEY SMITH Staff Writer | Monday, December 27, 2010
In April 2009, WMUR put on a statewide job fair in Manchester to help some 5,000 expected attendees find work in the thick of recession. …
Recession hit NH, NE hardest in ’90s
By KEVIN LANDRIGAN Staff Writer | Sunday, December 26, 2010
It has become conventional wisdom that the national economy must go into a deep recession before financial life for everyday residents in New Hampshire worsens …
