The annual Measures of Growth report shows enduring deficiencies in the state’s economy and sets priorities for policy solutions.
J. Craig Anderson
J. Craig Anderson is a seasoned business reporter who covers a wide range of topics including banking, finance, real estate, technology and entrepreneurism. Originally from Arizona, Craig graduated Summa Cum Laude from the University of Arizona journalism school and has gone on to report for a variety of business and consumer publications such as the Business Journal of Phoenix, the Las Vegas Sun and the Arizona Republic. His work has earned him national recognition including Sigma Delta Chi and APA Journalism awards. Craig also served in the Army for four years, working as an intelligence analyst and Arabic linguist for the National Security Agency in Maryland. He currently lives in Freeport.
Posted inBusiness, Maine, News
York County agency failed to heed warning signs before making failed loan
The Biddeford-Saco Area Economic Development Corp. lent $125,000 to a man with an arrest record who allegedly was linked to a business partner who defaulted.
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Posted inBusiness
Outgoing MCED executive director won’t stop fighting for Maine entrepreneurs
Don Gooding says he plans to remain in the state and help startup businesses in other ways.
Posted inMaine, News
Caring for children, aging parents puts squeeze on workers
The so-called ‘sandwich generation’ phenomenon ensnares many Maine adults – particularly women – and profoundly affects their time and finances.
Posted inBusiness, Maine, News
Bad news lurks in Maine’s declining unemployment rate
While the jobless rate declines, the state’s workforce shrinks even more, showing signs of a significant labor shortage that economists have long predicted.
Posted inBusiness, News
Raking it in? Profits are juicier in Canada
That’s blueberry grower Ed Flanagan’s take. His Wyman’s of Maine has invested more money north of the border, which has far lower business costs that the U.S. would do well to emulate.
Posted inBusiness
Maine tourism spending in 2015 topped $5.65 billion, a record high
The industry was buoyed by increased recreation spending and lodging sales.
Posted inBusiness, Maine, News
Nova Scotia newspaper: Nova Star replacement will be smaller, faster
Citing anonymous sources, The Chronicle Herald of Halifax reported that the Yarmouth-to-Portland ferry’s replacement for 2016 will be the USNS Puerto Rico.
Posted inBusiness, Maine, News
L.L. Bean sales flat in 2015; employees still get 3 percent bonus
Robust sales of Bean boots help offset the negative effect that warm weather had on the purchases of winter apparel.
Posted inNation & World, News
Sweden seeks to stop Maine lobster imports into Europe
It says the American species can carry diseases and parasites and have negative genetic effects.