The products of the forest were of major importance to the regional economy during the colonial period, when New Hampshire timber produced masts for British navy warships. Later, many of the familiar Yankee clipper ships and the Concord stagecoaches used on the American frontier were built with New Hampshire lumber. In recent years the local supply of timber has gone into the manufacture of pulp and paper products, railroad ties, furniture, and fence posts.
Most of the commercial forest land is privately owned. Individual holdings are generally small, mostly less than about 80 hectares (about 200 acres). Some of these holdings were formerly unprofitable farmlands. More than two-thirds of the timber consists of softwoods, including pine, spruce, fir, and hemlock. In order to discourage indiscriminate cutting on private land, the state collects no tax on timber until after it is cut.
Fishing plays only a minor part in the state’s economy, with a catch worth $19.1 million in 2007. A small fishing fleet, based at Portsmouth, brings in a catch of flounders and smelt. In addition, lobsters, shrimp, and crabs are caught in the coastal waters. "New Hampshire" © Emmanuel BUCHOT, Encarta, Wikipedia
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