Summary
There's tourism, art and historical places - it brings entrepreneurs here and compliments the high tech industry, says Ross Gittell, the James R. Carter professor at the Whittemore School of Business and Economics at the University of NH in Durham. [...] of course the tourism and hospitality industry is the bread and butter of the Seacoast, including a water park, museums, beaches, and hundreds of hotels and restaurants, including the only grand hotel in the state not located in the North Country - Wentworth By the Sea in New Castle.
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Extract
Regional Roundtable: The Seacoast
A wave of prosperity continues to wash across the Seacoast, but that doesn't mean its economic waters aren't choppy. The Seacoast attracts tourists and high-tech companies in droves - two areas the state's economy depends on. However, the economic success of the region presents its own challenges. Housing prices are among the highest in the state, making it more difficult for those tourism and high-tech businesses to attract young workers.
And as the Pease International Tradeport, the region's biggest economic development success story, nears capacity, the question becomes: What will be the next chapter for the Seacoast? Business NH Magazine spoke with a group of area leaden to discuss the economic challenges facing the region and what is being done to address them.The Power of PeaseWhile the rest of the country and state be-moan the nose-diving economy, anyone visiting Pease International Tradeport would be hard pressed to find evidence of economic w...See the full content of this document
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