But experts say the trend could be short-lived.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Local & State, News
Maine saw more tourists than expected over Memorial Day weekend
More than a million vehicles traveled on the Maine Turnpike from Friday to Monday. Could it be a good omen for the rest of the summer season?
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Posted inBusiness, Local & State, News
What will tourist season in Maine look like? Three towns weigh in
We went to Old Orchard Beach, Bar Harbor and Belgrade to see how business owners and local leaders are preparing for a summer of uncertainty.
Posted inBusiness, Local & State, News
More money could be headed to help Maine mobile home residents
Lawmakers supported a bill to add $3 million to a fund to help residents purchase their mobile home parks. But its fate hinges on whether it makes it into the budget.
Posted inBusiness, Local & State, News
Maine’s heat pump boom has been promising for rural workforce development. Can it last?
Uncertainties lie ahead as Maine approaches big deadlines for heat pump installation and bolstering its clean energy workforce.
Posted inBusiness, Local & State, News
Patagonia drops lawsuit against Marden’s over fake jackets
The outdoor gear brand had accused the Maine bargain retailer of selling counterfeit jackets with ‘virtually identical’ copies of the Patagonia label.
Posted inBusiness, Nation & World
Things to know about ‘no tax on tips,’ Trump’s tax pledge that’s in the Republican budget bill
The proposal has widespread support from the public, lawmakers in both parties and employers who believe such a law will bring relief to the working class.
Posted inBusiness, Local & State, News
Maine home sales fell, prices rose in April as market heats up for summer
The median home sale price was back up to $400,000 last month after a slight decrease in March.
Posted inBusiness, Local & State, News
Wild oysters are returning to Midcoast Maine waters
The finding is part of a University of Maine study that relied on local shellfish harvesters. It argues that fishermen’s knowledge should be valued more in research that informs regulations.
Posted inBusiness, Local & State, Times Record
Bath Iron Works lays keel for its newest Navy destroyer
Bath Iron Works has started building its next Arleigh Burke-class destroyer, laying out the keel for the new ship this week.