Chamber scores Portland economy against peers
The Portland Community Chamber has released its third annual economic scorecard, benchmarking the economy of Maine's biggest city along 32 measures.
The scorecard — produced by the Portland Community Chamber and Portland Development Corp. — ranks whether Portland is exceeding, keeping pace, or lagging behind peer cities in the state and across the country and showed changes in 16 of 31 categories from last year's survey. Half of those changes were in a positive direction; the other half, negative.
(View: The 2012-2013 Portland Economic Scorecard)
In the scorecard's third year, that level of mixed news has been typical, according to Chris Hall, acting CEO of the Portland Regional Chamber of Commerce.
"We haven't done a survey in the way that, say, Forbes does, to simplify the picture for Portland," Hall told Mainebiz. "It's a complicated mosaic."
In a press release, the Chamber identified an educated work force and low unemployment as competitive advantages for the city, while it says a higher tax burden and access to affordable housing pose challenges for the city going forward.
Read more about the findings of this year's scorecard in the Feb. 20 issue of Mainebiz.
Most Recent
Most Recent
Comments