The 2019 NH Globalization Report analyzes and evaluates foreign business activity in New Hampshire from 2001 to 2018. Activities recorded for foreign businesses in the state range from leadership, human capital investments or interventions to direct expansion.
A key finding evidenced and described in the current report is the increase in the amount and variety of foreign business activity, with expansion as a prevalent objective. The analysis indicates a significant focus on innovation in the state and outside of the state, with New Hampshire as the beneficiary of Research & Development spillovers. Utilities and banking/finance are main sectors for foreign business activities, with many developments involving information technology. Large projects drive and focus activity.
The report ends with recommendations for development professionals, such as new growth segments, clustering opportunities, and new ways to engage.
Data Sources and References:
The report is based on data collected from MarketLine, a publisher of business information and companies, industries and geographies’ profiles. Not every instance of foreign business activity is recorded. The data provides a sample showing patterns and trends.
The anlaysis uses the Global Industry Classification Standard (GICS), developed by MSCI and S&P Dow Jones Indices (https://www.msci.com/gics). As described by the developers, the classification aims to provide an accurate, complete and long-term view of the global investment universe from an industrial perspective.