As the state charts increasingly warm and longer summers, businesses across all industries are planning for more weather extremes.
maine economy
Posted inBusiness, Local & State, 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.
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Posted inBusiness, Local & State, 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, Nation & World, News, Politics
Trump injects new dose of uncertainty in tariffs as he pushes start date back to Aug. 7
President Donald Trump’s order imposing new tariffs on goods from scores of countries and the European Union starting in seven days has injected a new dose of uncertainty in an already uncertain process
Posted inBusiness, Local & State, News
Maine Turnpike courts Shake Shack, Chick-fil-A for service plaza upgrades
The turnpike’s new executive director has reopened contract negotiations with the company that runs five service plazas along the toll highway.
Posted inBusiness, Local & State, News
Job openings in Maine are dropping, signaling return to ‘normalcy’
But experts say the trend could be short-lived.
Posted inBusiness, News, Politics
Trump’s policies cloud Maine’s economic outlook
President Donald Trump’s global trade war and federal spending cuts — as well as his threat of cutting funds to Maine — have state officials preparing for slowing economic growth and rising unemployment.
Posted inBusiness, Local & State, News
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.
Posted inBusiness, Local & State, News
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.
Posted inBusiness, Local & State, News
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.