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The WalletHub barometer shows Maine's largest city well ahead of its much larger namesake in the Pacific Northwest.
Guest columnist Kenneth J. Entenmann, chief economist at NBT Wealth Management, says higher interest rates, inflation and the threat of inflation cloud the economic outlook for 2023.
Anne Krieg was recently promoted from Bangor's planning officer to director of development, succeeding Tanya Emery.
The funds are expected to take the buildings “from imminent danger to become viable reuse projects, providing expanded economic, cultural, and community opportunity.”
Councilors seek a balance with tourism-related developments that overwhelm the town’s infrastructure but also bring jobs, property tax revenue and families.
A recap of 2022 Mainebiz cover stories.
Maine recaps 10 pieces of good news in 2022, ranging from the return of the TD Beach to Beacon 10K to a Portland dining spot making the cut for Esquire magazine's list of best new restaurants.
Under Cheryl Sessions’ leadership, PHA has made progress in its plan to provide and expand affordable housing, including new builds and renovations.
Coastal gentrification has intensified with more out-of-state homebuyers. A new guide, “Scuttlebutt: How to Live and Work in a Waterfront Community,'' shares information about the working waterfront and commercial fishing.
The Portland-based music and entertainment retailer will close its Sanford store and move into a Biddeford storefront formerly occupied by Nubble Books.
Total non-farm wage and salary jobs increased by 3,000 to an all-time high of 645,1000. The largest increases in the month were in the professional and business services, leisure and hospitality and in the health care and social assistance sectors.
Nathen Cloutier will succeed Greg Dugal as Hospitality Maine's government affairs director.
CEI partnered with 91 businesses to increase job quality. Goals include supporting the creation of good jobs and expanding diverse business ownership.
Eastern Maine Development Corp. will receive $500,000, Sunrise County Economic Council will receive $15,679 and the Androscoggin Valley Council of Governments will get $12,884 for training, technical help and loan assistance in eight Maine counties.
The innovation center will provide new business, co-working and business development opportunities. A restaurant within the circa-1930 hotel has also received a refresh.
From small businesses like Franklin Printing to larger players such as Puritan Medical Products and Bath Iron Works, Maine manufacturers are getting more strategic about recruiting and hiring as many of their older employees retire.