What type of businesses would do best in New Hampshire?

What industries thrived in NH?

Historically, New Hampshire’s economy was focused almost entirely on the manufacturing, agriculture and resource extraction industrial sectors.

What attracts businesses to New Hampshire?

Opportunities

  • Low taxes. One of the most attractive aspects of doing business in New Hampshire is the low tax burden. …
  • Above-average per capita personal income. …
  • Proximity to large markets. …
  • Modest economic growth. …
  • Above average cost of living. …
  • Competitive labor market.

Is NH a good state for business?

For all those who dream of doing their own thing, New Hampshire is the place to jumpstart your company. We’re a state of do-ers and, if you ask us, there’s no better state in the country for starting a business. In fact, 93 percent of New Hampshire’s companies are small businesses and full of innovation.

What’s the main industry in New Hampshire?

Major employment sectors in New Hampshire include Health care and social assistance, Retail trade and Professional, scientific, and technical services.

Does NH have a good economy?

Economic Outlook Rank

New Hampshire is currently ranked 19th in the United States for its economic outlook. This is a forward-looking forecast based on the state’s standing (equal-weighted average) in 15 important state policy variables.

What is the number one industry in New Hampshire?

In New Hampshire, insurance carriers and related activities is the largest industry, accounting for 4.9% of the state’s total GDP of $87.6 billion.

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