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PublishedApril 17, 2025
Visitors to Maine dropped again in 2024, challenging a top industry
Spending by tourists increased slightly to $9.2 billion, but Gov. Mills anticipates further declines as Canadians curb U.S. travel plans.
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PublishedApril 13, 2025
Uncertainty over tariffs fuels fears of a recession in Maine and beyond
Economists say Maine is likely to fare similarly to the rest of the country, or perhaps marginally better, during a possible economic downturn.
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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 2, 2025
Maine’s groundfishing industry is in decline. Saving it is complicated.
Dozens of fishermen have left the industry after years of struggling to make a living.
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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 16, 2025
Golden proposes universal 10% tariff, saying it will protect Maine workers
The Democrat says his proposal, first introduced in September, would make the U.S. more equal with trading partners that for years have protected their industries and workers.
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PublishedJanuary 12, 2025
Lewiston and Auburn post strong building permit numbers for 2024
2024 reports show more than $165 million in activity combined in the Twin Cities.
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PublishedNovember 24, 2024
After post-pandemic boom, Maine’s tourism industry seeks path back to growth
A 9% drop in visitors this summer isn't cause for too much concern among industry leaders, who say after-effects of the pandemic and economic challenges this year make it difficult to discern a trend.
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PublishedNovember 1, 2024
Hiring slowed sharply in final month before election amid hurricanes, strikes
The a low unemployment rate suggests that the labor market is still fundamentally healthy, if not as robust as it was early this year.
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PublishedOctober 22, 2024
IMF declares global fight against high inflation is ‘almost won’
In its latest assessment of the global economy, the International Monetary Fund predicted that worldwide inflation will cool from 6.7% last year to 5.8% this year and to 4.3% in 2025.
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