Maine by the numbers

A daily snapshot of the state's economy

Market Value of Assets in State Employees Trust Fund

June 2013

$160,350,000

June 2012

$139,897,000

Source: State of Maine, Bartel Associates Inc.

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News from December 5, 2013

December 5, 2013

Beer, wine contribute millions to Maine economy, industry says

A new report by the Maine Beer and Wine Distributors Association shows the industry has created more than 2,000 additional jobs in the state.

December 5, 2013

BIW will lay off 118 workers this month

‘We absolutely hate to do this’ but the work’s not there, says a spokesman for the shipbuilder after a fourth round of job cuts.

December 5, 2013

States grovel before Boeing in bid for 777X jobs

The competition underscores Boeing’s commanding bargaining position in an economy where top-notch manufacturing jobs remain scarce.

December 5, 2013

Industry: Beer and wine contribute millions to Maine economy

A new report by the Maine Beer and Wine Distributors Association shows the industry has created more than 2,000 additional jobs in the state.

December 5, 2013

Report finds highest number of Maine jobs available in health care, social work

The Maine Development Foundation’s jobs report for the third quarter of 2013 looked at 55,000 online job postings.

December 5, 2013

Fast-food strikes return amid push for wage hikes

In New York City, about 100 protesters blew whistles and beat drums while marching into a McDonald’s at around 6:30 a.m.

December 6, 2013

Tim Hortons closes six Maine stores

The latest restaurant to close is in Brunswick, following closures in five other communities.

December 5, 2013

U.S. economy grows at 3.6 percent rate in 3rd quarter

Nearly half the growth came from a buildup in business stockpiles.

December 5, 2013

Mass AG: Stop new federal fishing catch limits

The complaint alleges NOAA ignored the economic impact of the regulations and using flawed science to drastically reduce the annual catch limits for cod and other species.

December 6, 2013

LePage: Maine could benefit from an arctic sea lane

The governor’s remarks at a transportation conference echo those made in Maine this summer by the president of Iceland.

December 5, 2013

On the Move



December 5, 2013

Briefcase



December 5, 2013

Bangor Savings top SBA lender in Maine in 2013

The bank issued $10.4 million in small-business loans to 74 businesses.

December 5, 2013

Portland company eco-kids on verge of welcome expansion

The growing home-based business gets a new investor to help it move to a bigger space.

December 5, 2013

Bank cartels face fines for collusion

The European Commission fines a group of global banks for manipulating key interest rates.

December 5, 2013

Breach points to need for more secure passwords

With more than 2 million passwords reportedly compromised and circulated, here are tips to strengthen yours.

December 5, 2013

Forget blackboards – bring on the broadband

The effort to provide high-speed Internet access to schools gets boost from Bill Gates and Mark Zuckerberg.

December 5, 2013

Nervous investors pull market down once again



December 5, 2013

A Word With the Boss: Family’s question inspires Maine lobster processor

Kyle Murdock founded Sea Hag Seafood in St. George in answer to his lobstering family’s perplexity about why there were no lobster processors in Maine.