While the value of the state’s exports grew, that growth was blunted by trade tensions caused by import tariffs in critical markets.
Peter McGuire
Peter McGuire is a business reporter covering Maine trade, transportation and tourism. A proud native of the western Maine mountains, there is a good chance he’d rather be playing outside. Peter has covered local news for Maine newspapers in Oxford County, Brunswick, Waterville and Portland. He holds a bachelor’s degree in history from Dalhousie University in Halifax, Nova Scotia and a Master’s Degree in International Relations from Boston University. He lives in Biddeford with his wife Stephanie and brown rescue dog named Emmy Lou.
Posted inBusiness, Local & State
Southwest says Boeing Max 8 jets used on Baltimore-Portland route are safe
The airline says it is confident in the safety and airworthiness of the aircraft, which have been involved in 2 fatal crashes in 6 months, and will continue flying them.
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Posted inBusiness, Local & State, News
Seasonal businesses could again get subsidies for hiring teen workers
Last year’s pilot program paid out $12,743 in grants to 16 businesses to partially cover wages, according to Maine Department of Labor records.
Posted inBusiness, Local & State, News
Construction costs threaten to blunt development boom
Expensive materials and a scarcity of skilled laborers are pushing prices for new building to the highest point since the Great Recession.
Posted inBusiness, Local & State, News
Technology poised to change home-buying traditions
The advent of new software allows a homeowner to sell a home in a couple of days without any dickering – or Realtors.
Posted inLocal & State, News
Cost to fix Maine’s busiest highway bridge 50% higher than expected
The $52.6 million project on the Interstate 95 bridge between Maine and New Hampshire is more expensive because of elaborate measures needed to keep traffic moving during construction.
Posted inBusiness, Local & State, Politics
Bill to prohibit Maine communities from banning short-term rentals draws fire
Opponents at a State House hearing say preventing towns and cities from enacting rules governing short-term rentals would be an overreach of state authority.
Posted inBusiness, Local & State
Maine hospitality industry turns to retirees to stem labor shortage
Two York County towns tap older workers for hospitality jobs and get unexpected results.
Posted inLocal & State
Maine DHHS adds $3 million to home heating assistance
The federally funded program helps low-income families afford home energy costs.
Posted inBusiness, Local & State, News, Politics
Democrat’s bill offers incentive for developers to build affordable housing
The legislation’s sponsor acknowledges that even the $80 million effort won’t meet the state’s ‘immense need.’