The report says that echoing across the country is the continued uncertainty stemming from the pandemic and its negative effect on consumer and business activity.
economy
Posted inBusiness, Local & State
Remotely affected: Empty offices are hurting businesses that serve them
Companies that cater to offices and office workers are finding a challenging business environment with large numbers of people working from home.
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Posted inBusiness, Local & State, News
Irish solar developer’s projects in Maine attract $100 million investment
Projects being built by Dublin-based BNRG Renewables and Dirigo Solar LLC in Portland are only the first phase of three large endeavors planned to come online by 2024.
Posted inBusiness, Local & State, News
1 in 3 Maine lobstermen lands federal pandemic loan
Lobstermen got more small Paycheck Protection Program loans than members of any other Maine industry, but the size of the average loan was small.
Posted inBusiness, Nation / World
Mnuchin says small and larger businesses will need more help
The Treasury secretary says the administration will spend a month looking at what measures should go in the next relief bill.
Posted inLocal & State, News
Towns across Maine looking at budgets crunched by coronavirus
As municipal governments near the end of their budget year, local officials are considering cuts to services and programs to make up for revenue losses caused by the pandemic.
Posted inBusiness, Local & State, News
Fraud contributed to record 37,000 jobless claims, Maine officials say
Having 24,500 Mainers file claims – the other 12,500 are duplicates – is a ‘sharp and suspicious’ increase from recent trends, the state Labor Department said.
Posted inBusiness, Local & State, News
Will coronavirus make the office obsolete?
Many working remotely in Maine are enjoying their time at home, and some employers say staff are more engaged and productive. But it’s much too early to predict the long-term impact on traditional office spaces.
Posted inBusiness, Local & State, News
Maine importers urge lawmakers to suspend food-related tariffs
A 25% tariff on food and beverage products is adding insult to pandemic-related economic injury for local importers of gourmet foods.
Posted inBusiness, Local & State, News
More than 138,000 Mainers have filed for unemployment since March
More than 11,500 Maine workers filed new jobless claims last week, even as the state begins reopening parts of its economy.