Maine’s gross domestic product ended 2025 on a flat note, according to a quarterly barometer released Thursday by the U.S. Bureau of Economic Analysis.
Maine’s real GDP growth rate was 0.0% for the quarter ended Dec. 31, 2025, measured on an annualized rate.
U.S. GDP grew by 0.5%, but a dozen states recorded GDP figures in the negative.
South Dakota set the pace with a GDP growth rate of 3.0%, while Washington, D.C., retreated by 8.3%, reflecting widespread downsizing of civilian government jobs, the bureau said.
Among New England states, New Hampshire led the way, with GDP growth of 1.6%, followed by Massachusetts, up 1.2%, and Connecticut, up 0.5%. Maine was flat, while Vermont and Rhode Island each saw their economies shrink by 0.4%.
Gross domestic product is the value of the goods and services produced by the nation’s economy minus the value of the goods and services used up in production, as defined by the Bureau of Economic Analysis.
Personal income grows
If there’s a positive to take from the report, Maine saw personal income grow by 2.9% in the fourth quarter.
Hawaii set the pace with a 41.5% jump, while North Carolina was a distant second with income growth of 5.5%.
North Dakota saw the greatest decline in personal income, falling by 4.0%.
In New England, New Hampshire again led the charge, with income increasing by 4.0%, followed by Connecticut at 3.8%, Rhode Island at 3.7%, Massachusetts at 3.5%, Maine at 2.9% and Vermont at 2.5%.
