Light Breen News Today

The nonpartisan report by the Maine Economic Growth Council is a long term look at how Maine stacks up compared to other states and the U.S.

The long-term forecast will depend on bringing in more workers from other states and countries, and improving the skills of the existing workforce.

Efforts to raise funds needed to keep the former Hancock County sheriff’s home and jail standing received a boost from the Maine Downtown Center. Its historic grants program awarded $200,000 to repair the exterior masonry on the State Street building, the nonprofit organization announced on April 12.

The economic challenges facing Maine, and the outlook for jobs, housing, inflation and more

Andrew Crawley, an assistant professor of regional economic development, will participate in a ”Maine Calling” discussion about the 2021 economic outlook for Maine. The program will air at 11 a.m. and again at 7 p.m. on Friday, Jan. 15.  Yellow Light Breen, president and CEO of the Maine Development Foundation, and Gary Vogel, past president […]

Maine earned some gold stars this year for economic growth, but the gains were outweighed by the red flags — some of which werent caused by the COVID-19 pandemic, just laid bare by it, according to the annual Measures of Growth report. The 26th annual report, released Wednesday, shows theres "reason for optimism" in the long term, but the short-term challenges to improving the states economy are many. The report by the Maine Development Foundation and Maine Economic Growth Council, measures...