maine economy
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PublishedMarch 9, 2025
As Trump shakes up economy, winners and losers will emerge. Maine could be on the wrong side.
The state's reliance on Canada for trade and tourism, coupled with the president's threats to punish Maine after his public spat with Gov. Mills, could spell trouble.
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PublishedMarch 4, 2025
Leader of business innovation program picked for Maine’s top economic development post
Mike Duguay is set to become the next commissioner of the Maine Department of Economic and Community Development.
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PublishedFebruary 28, 2025
Mainers join nationwide economic blackout in their own way
Some small businesses saw more cash purchases during the 24-hour grassroots action against the U.S. economic and political system.
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PublishedJanuary 12, 2025
How the pandemic ‘sugar high’ led to Maine’s budget crunch
The days of eye-popping revenue growth are over, and lawmakers face a gap of $450 million in the next budget cycle.
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PublishedJanuary 6, 2025
Maine economic development commissioner steps down
Heather Johnson's last day will be March 1.
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PublishedDecember 12, 2024
Despite progress, Maine women still earn less and are more likely to live in poverty
A report released Thursday calls for more equity in the labor market to close the gender pay gap and improve women's access to higher paying jobs.
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PublishedNovember 20, 2024
To improve economy, Maine must address struggling youth and high cost of living, report finds
A prolonged worker shortage is holding back the state economy, according the Maine Economic Growth Council and Maine Development Foundation.
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PublishedJune 18, 2024
Solar eclipse in April boosted spending across Maine. Here are the numbers
Towns in the path of totality, where the moon fully blocked the sun, experienced double-digit increases in visitation.
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PublishedMay 15, 2024
Moody’s upgrades Maine’s credit rating to second-highest
The credit rating agency cites the state's 'sustained financial improvements including a large increase in reserves and solid pension contributions practices.'
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PublishedApril 26, 2024
Maine made progress in wages and productivity, but still faces shrinking labor force
A report released Friday by the Maine Department of Economic and Community Development says the state has hit some of its 2030 targets but has fallen short of 'where we need to be.'
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