Economy

Kittery shipyard delivers attack sub back to Navy after overhaul

The Portsmouth Naval Shipyard project distinguished Cheyenne as the first submarine to undergo an overhaul as part of a program that extended its total service life beyond 44 years.

2026 Book of Lists reflects changes in leadership and ‘list toppers’

The 2026 Mainebiz Book of Lists helps make sense of the business world in Maine.

Static on the line: Call-center layoffs could spell more trouble ahead for Maine labor market

Job market experts view planned layoffs by Charter Communications in Portland as an early indicator of further disruptions.

Charter Communications to lay off all 176 Portland call-center employees

Employees affected by the layoffs will continue to receive regular pay for 90 days, after which those who don't relocate to other roles will receive severance and eligible benefits.
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The Grinch factor: Workforce challenges, holiday pressures weigh on small businesses confidence

The latest quarterly index from the the U.S. Chamber of Commerce shows a dip in the fourth quarter.

Deck the halls: 19 million reasons to buy a Maine-grown tree this Christmas

Maine’s Christmas tree industry pumps an estimated $19 million into the state’s economy each year — and Gov. Janet Mills is urging residents to keep it growing by choosing a home-grown tree this holiday season.

🔒Editor’s note: 5 things we learned in 2025

In the past year, Mainers have adapted to higher housing costs, health care disruptions and longer waits for nearly any service.

Boston Fed chief lays out global economic risks, opportunities

Susan M. Collins, a member of the interest rate-setting Federal Open Market Committee, warned that the “major, transformative and intertwined” forces shaping the economic landscape could spark more volatile business cycles and inflation.
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Report flags ‘troubling trend’ in Maine’s shortfall of affordable housing

The annual "Measures of Growth" report, by the nonpartisan Maine Economic Growth Council, tracks 31 indicators of the state’s economy,

Jackson Lab seeks new operator for on-site child care center in Bar Harbor

Jackson Lab built a child care center on its Bar Harbor campus and began operations in early 2024 with Down East Family YMCA as the operator.
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