The Maine Center for Economic Policy says the state should pay for the return, or offer co-management, of state land due to uncompensated theft.
economic development
Posted inMaine, News
Proposed Main Street improvements not a ‘redesign’ for Kennebunk
Economic Vitality Director Stephen Houdlette said a proposed downtown revitalization project aims to build on past street improvement projects.
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Posted inBusiness, Maine, News
Maine saw nation’s second-worst rate of wage growth in first quarter of 2025
Maine’s average weekly wage increased by less than $40 — from $1,249 in the first three months of 2024 to $1,283 in the first quarter of 2025.
Posted inBusiness, Maine, News
Is Maine approaching, or already in, a recession?
The chief economist at Moody’s Analytics included the state among nearly 2 dozen considered ‘in or at high risk’ of a recession, but the Maine state economist is pushing back and says employment is steady.
Posted inBusiness, Maine, News
Thousands of people moved to Maine since the pandemic. The influx isn’t over.
Remote work made it possible for more people to live here. It has helped the state but is straining it, too.
Posted inBusiness, Maine, News
Study: Colby added $2.5 billion to Maine’s economy since 2019
The analysis, commissioned as a follow-up to a report on Colby’s impact from 2014-18 and presented in downtown Waterville on Thursday, shows the college’s investments in facilities and people added $1.3 billion to the Waterville-area economy over the last six years.
Posted inBusiness, Maine, News
Skowhegan River Park secures final permits
The next hurdle for the long-planned project aimed at revitalizing the downtown by bringing paddling sports and other recreation is raising more money.
Posted inBusiness, Maine, News
Biddeford faces a smokestack dilemma as it moves past its ‘Trash Town USA’ rep
City officials ponder whether the revitalized city should demolish or decorate the towering remnant of its trash-burning past — with ideas as far-ranging as a climbing wall or even adding a restaurant on top, like Seattle’s Space Needle.
Posted inBusiness, Maine, News
With Midtown project legal battle over, Portland mulls future for Bayside lots
It cost the city $15 million to settle 3 court cases with a Florida developer, but Mayor Mark Dion believes the land is valuable enough that the city will come out on top.
Posted inBusiness, Maine, News
Portland to pay $15M to move on from failed Midtown housing project
The City Council voted Monday to buy 3 vacant lots for nearly $13 million more than the original purchase price and put almost a decade of litigation behind it.