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Sponsored by: OTELCO Inc.
Since March, Maine has experienced major upheavals in business as a result of COVID-19. Many of the changes, particularly in the hospitality and tourism sectors, have been crippling.
Yet other industries have seen surges in sales and in employment, as companies pivot to meet new pandemic-driven demands.
One example has been the growth of Abbott Diagnostics in southern Maine. In northern Maine, a second Puritan Medical Products plant is now in the works to manufacture COVID test swabs. With the new factories, Puritan expects to bring a total of 600 new jobs to Pittsfield.
Sponsored by: OTELCO Inc.
Since March, Maine has experienced major upheavals in business as a result of COVID-19. Many of the changes, particularly in the hospitality and tourism sectors, have been crippling.
Yet other industries have seen surges in sales and in employment, as companies pivot to meet new pandemic-driven demands.
One example has been the growth of Abbott Diagnostics in southern Maine. In northern Maine, a second Puritan Medical Products plant is now in the works to manufacture COVID test swabs. With the new factories, Puritan expects to bring a total of 600 new jobs to Pittsfield.
Of course not. It’s a temporary market reaction.
The loss of the Maine hospitality brand could be irreparable. The question is not a sound question.
I think most of us would agree that a few sectors of the Maine economy are likely to flourish due to the pandemic, at least short term. However, the vast majority of business leaders I talk with are suffering to one degree or other with no real long term relief in sight. I don't see any end to this rocky road for a while yet.
The ripple effect through the state's economy can be measured by state tax revenues that have dropped by 12% on an $8 billion two-year budget. That loss is not going to be offset by the few businesses prospering during these unusual times.
Absolutely. The shift to remote work will allow more people to move to Maine and support the local economy (by buying homes, cars, etc.) while earning market rate wages in places like NYC or Boston.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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You can't be serious! It will take years to recover from the devastation of the Mills administration!