Nashua Today:
Economic
Development
Nashua is home to a complex
landscape of business sectors from
health care to manufacturing to
construction. These diverse sectors
are represented as large circles
in the adjacent graphic. Within
each sector there are a variety of
subsectors and business sizes. For
example, within manufacturing
there is electronic manufacturing,
Nashua’s largest
business sectors
Restaurants
Computer Consulting
Systems Desig
4 qent Techn cay
s
ee
Semiconductors
Supplies Merchant Wholesalers
navigation instruments, computer
manufacturing, and equipment
manufacturing. Nashua’s diverse
business sector will continue to
grow with an additional 2,677
jobs projected for 2029. Nashua is
more dependent on manufacturing
as a source of employment
than the nation as a whole.
Manufacturing represents 15% of
Nashua’s job base but is only 10%
of the US job base. This translates
to a concentration level or location
quotient (LQ) of 1.52.
What is a location quotient?
Location quotients are
ratios that allow an area’s
distribution of employment
by industry, ownership, and
size class to be compared toa
reference area’s distribution -
for example, across the nation.
If an LQ is equal to 1, then the
industry has the same share of
its area employment as it does
in the nation. An LQ greater
than 1 indicates an industry
Vidas A ner-UkeTeeSJ rel MOv NAL
local area employment than is
the case nationwide.
ade Auto Dealers
v
Social Advocacy Orgs
.
s
Source: ReferenceUSA business listing data, analyzed by Utile
sf
Building Equipment Contractors
Real Estate Agents
Elementary and Secondary Schools
Grocery Stores
<— Hospitals
Physician’s Offices
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