In May, the Greater Concord Chamber of Commerce hosted a timely forum focused on recent federal policy shifts and their potential impact on New Hampshire’s economy. Held at the Grappone Conference Center and generously sponsored by Unitil, the discussion explored complex topics such as tariffs, DOGE (Department of Government Efficiency), and executive orders—and what they could mean for businesses and nonprofits across the Granite State.
The panel included Kathleen Reardon, Chief Executive Officer of the NH Center for Nonprofits; Stephen McAllister, Vice President of the Eastern Region at the U.S. Chamber of Commerce; and Chase Hagaman, Director of Economic Development at the New Hampshire Department of Business and Economic Affairs.
From a federal standpoint, McAllister highlighted the uncertainty businesses face as tariff-related litigation continues. “Trade here in New Hampshire is key to your economy. Exports and imports of goods and services support 180,000 jobs in New Hampshire. That’s about one in every five jobs in the State – so we’re talking about a major impact for New Hampshire companies.”
Reardon acknowledged that recent policy shifts present various challenges for nonprofits. Funding continues to be a concern, “The Office of Management and Budget issued a memo putting an immediate freeze on federal grants and disbursements. This halted more than $3 trillion in federal financial assistance nationwide and directly impacted New Hampshire nonprofits.”
Hagaman discussed how the state is responding, preparing strategically for the future and the resources that the BEA can provide to businesses and nonprofits in New Hampshire. “Think of the BEA as a funnel to all the different types of support and assistance that might be available through the State or our many partners.”
During the Q&A portion of the forum, attendees asked thoughtful questions about regulatory guidance, small business impacts, and emerging federal programs. The panelists underscored the importance of staying informed and seeking professional advice as the policy landscape continues to evolve.
To learn more about local and state updates that are shaping our community’s future, visit concordnhchamber.com/advocacy to read updates from our advocacy committees. These dedicated volunteers are working to improve housing opportunities in our region, track evolving legislation, and build relationships with city leadership that will shape our city’s landscape for generations to come.
Incorporated in 1919, New Hampshire’s state capital chamber of commerce—the Greater Concord Chamber of Commerce—develops economic opportunities, strengthens the business climate, and enhances quality of life in the Capital region. As largest chamber in the state, it is deeply invested in the local community and dedicated to shaping competitive economic development strategy, advocating for policies and projects that benefit the region, and promoting Concord as a culturally vibrant visitor destination. For more information, please visit concordnhchamber.com.