We’ve changed our name . . . we are now the Granite Institute!
New Hampshire gets a B- in new survey for small business friendliness by Thumbtack, in partnership with the Ewing Marion Kauffman Foundation. This is the highest grade in New England with Massachusetts earning a D+, Connecticut earning a D, and Rhode Island earning an F. Vermont and Maine were ungraded.
Among the factors New Hampshire earned:
A for ease of starting a business
D+ for ease of hiring
C for regulations
D for health and safety
D+ for employment, labor, and hiring
B+ for tax code
A for licensing
C- for environmental
C+ for zoning
B+ for training and networking programs
Today, the U.S. Census Bureau released their first post-census population estimates by state. Overall, New Hampshire is showing healthy growth due to the natural increase in population (births minus deaths) of 3,017 people. This is vital to long-term, sustainable population growth. In start contrast, neighboring Maine’s net natural increase was a mere 180 people.
The downside was that New Hampshire’s net domestic migration (migration between states) was -2,763 which likely reflects the lingering woes in the housing market, especially in Massachusetts where much of New Hampshire’s in-migration has historically come from. That decline was partially mitigated by an influx of 1,165 international migrants.
Overall, despite the aging demographics in New Hampshire, it is encouraging to see a healthy positive number in the net natural change column. Still, New Hampshire net natural increase (as a percent of population) is about half the national average so there is still some work to do in terms of keeping and attracting young families to the Granite State. If only right-to-work had passed . . .