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Old 10-09-2019, 12:42 PM   #58
jetskier
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Post Economic Development

It is clear that Laconia is in need of an economic turnaround. Historically, the city benefited from tourism especially in the 80s. I think that we are going through a bit of an economic and cultural shift as millennials are much more urban. Companies are drawn to locate where they have competitive advantages, this could be access to talent, colocation to universities, or inexpensive labor (depending upon the model.)

Right now access to labor is difficult (as many of the seasonal businesses have indicated), we don't have strong university ties and talent (tech in particular) is limited. It is a little bit of a chicken and egg problem.

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