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New Hampshire Economy
About half of Alabama
Manufacturing has been important in New
Hampshire since the late 1800s. The textile mills and factories producing
leather goods (such as shoes and boots) that once lined the state's fast-moving
rivers have given way to high-technology firms. Lumbering has been important
since the first sawmill was built on the Salmon Falls River in 1631. Most of the
timber cut now is used in paper production. Although New Hampshire has long been
known as the Granite State, its large deposits of the stone—used for building as
early as 1623—are no longer extensively quarried because the use of steel and
concrete in modern construction has greatly decreased the granite market.
Year-round tourism is now the state's leading industry. Many visitors come to
enjoy the state's beaches, mountains, and lakes. The largest lake, Winnipesaukee,
is dotted with 274 inhabitable islands, while along the Atlantic shore 18 mi of
curving beaches (many state-owned) attract vacationers. Of the rugged Isles of
Shoals off the coast, three belong to New Hampshire. Originally fishing
colonies, they are now used largely as summer residences.
In the winter, skiers flock northward and the state has responded to the
increasing popularity of winter sports by greatly expanding its facilities. When
the snows melt, skiers are replaced by hikers, rafters, and climbers. Folk
crafts such as wood carving, weaving, and pottery making have been revived to
meet the tourist market.
New Hampshire Economic Information from
Teachersfirst.com
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