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What Can The Greater Derry Londonderry Area Expect Regarding Economic Trends & Developments in 2013?

Local Chamber of Commerce brings well known economist to area for forecast and updates

LONDONDERRY, NH - The Greater Derry Londonderry Chamber of Commerce will be bringing local economist Dennis Delay, New Hampshire Center for Public Policy Studies, to the area to address economic concern. Business owners in the Greater Derry Londonderry area continue to run their businesses amidst extremely slow economic growth. When will things start to pick up? How will our communities attract new business? These are just a couple of points to be covered in this extremely worthwhile seminar sponsored by Parnell & McKay of Londonderry.

All are invited to attend on Friday, March 15, 2013 at the New Hampshire Aviation Museum (27 Navigator Road, Londonderry) from 7:30 – 9:30 AM. Highlights from the seminar include:

  • After benefiting from nearly three decades of economic tailwinds, New Hampshire now faces a strong headwind.
  • First, more people are now leaving New Hampshire than are moving here.
  • Second, as the state’s population has aged, the number of New Hampshire residents participating in the workforce has also declined.
  • Third, New Hampshire is also seeing a decline in its educational edge over other states.
  • Taken together, these trends have significantly slowed growth in the state economy.
  • The outcomes of these shifts may not necessarily all be negative. Slower population growth will likely mean less congestion and less strain on local government budgets, for instance.
  • The question facing the current governor, Legislature and other state policymakers is how to prioritize the options in redesigning New Hampshire’s economic blueprint.

 

Speaker Dennis Delay is also New Hampshire State Forecast Manager for the New England Economic Partnership, a non-profit association of economists that have monitored and forecast regional economic trends for more than three decades. He is also a Professor teaching Healthcare Economics and Managerial Economics at a graduate level.

This seminar is the third in a three-part series of Economic Development topic specific presentations. The series was developed through the Chamber’s Government Connection Committee. The Government Connections Committee (GCC) is responsible for providing a forum where local businesses can educate themselves on government, economic and infrastructure issues.

The event will include a continental breakfast and short networking time. Cost is $10 for members and $15 for non-members. Please RSVP to the Chamber office at 432.8205 or info@GDLChamber.org.

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