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Yesterday, the New Hampshire Bulletin reported that according to a new CNBC study, the Granite State is becoming less friendly to businesses, and that “even the state’s economy, touted by Gov. Chris Sununu, as one of the strongest in the country, got a D.” According to CNBC, under Chris Sununu’s leadership, the state dropped 12 spots to number 37 in “America’s Top States for Business.”
Key Excerpts:
Maybe the just-passed business taxes and that big rainy day fund will help – but those new teaching restrictions on “divisive concepts” probably won’t.
According to “America’s Top States for Business” rankings released Tuesday by CNBC, New Hampshire cannot compete with much of the country. In its 13th study since 2007, CNBC dropped the Granite State 12 spots to No. 37 this year. (We’re still ahead of Maine and Vermont, but trailing Massachusetts, which landed at 14.) Virginia took first, and the report mentioned specifically its steps toward improving equity and diversity and expanding voting rights, even making voting day a state holiday.
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Even the state’s economy, touted by Gov. Chris Sununu as one of the strongest in the country, got a D. That score was based on credit ratings; budget spending, revenue, and reserves; pension obligations; health of the real estate market; and economic and job growth. Worse, the state earned an F in “access to capital,” a rating based on the use of federal COVID-19 aid, loans to small business, and venture capital investments.
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Sununu’s office could not be immediately reached for comment.
The state Democratic Party was quick to tie the rankings to Sununu’s leadership.
“Chris Sununu’s policies prioritizing Mitch McConnell and special interests are making New Hampshire an inhospitable state for small businesses owners,” said NHDP Chair Ray Buckley. “This report shows what people in New Hampshire have known for a long time, which is that Chris Sununu is more focused on being courted by national Republicans than working for Granite Staters.” Read the full story at NewHampshireBulletin.com
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