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Today's Poll

Is your business affected by the government shutdown?
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Poll Description

Sponsored by Kennebunk Savings Bank

The federal government shut down at midnight on Oct. 1 over a budget stalemate. The standoff in Washington comes on top of changing policies on tariffs and trade.

The shutdown curtailed the release of monthly reports on the country's trade balance, consumer prices, retail sales and producer price. In Maine, much of the Acadia National Park staff was put on furlough, though roads and campgrounds were still accessible. 

The last shutdown stretched over 35 days from Dec. 22, 2018, to Jan. 25, 2019.

A shutdown of less than two weeks is "unlikely to have a material impact on the economy or household finances," the president of a Maine credit union told Mainebiz last week.

But there's growing anxiety over how a protracted shutdown would affect the economy.

EVENT

40 Under 40 Awards Reception 2025

Mainebiz seeks to honor the young professional and rising stars of Maine’s business community for the 2025 Mainebiz 40 Under 40 Awards.
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2025 Fact Book: Doing Business in Maine

Fact Book: Doing Business in Maine showcases Maine's many economic development opportunities and the attributes that make Maine a special place to work, live and play. For companies in Maine, and for companies who are looking to relocate or expand into Maine, the Fact Book: Doing Business in Maine is a great resource on Maine market stats and facts. Mainebiz has expanded the information we provide to give company owners and senior managers data and statistics from sources on a national, statewide, regional and local basis to provide the business community with a clear picture of the Maine marketplace.