Realtors say the landscape could be shifting from a sellers’ to a buyers’ market, but it’s too early to say for sure.
Business
Local, state and national business news from the Kennebec Journal and Morning Sentinel.
Posted inBusiness, Local & State, News
Fewer people made Maine their summer vacation destination in 2025
While the state saw a 6% dip in tourists this summer, the average length of out-of-staters’ stays increased, an annual report indicates.
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Posted inBusiness, Local & State, News
Maine company cranks out thousands of otter T-shirts after Swifties donate $2.3 million
Liberty Graphics in Midcoast Maine is tackling the biggest order in its history: 35,000 copies of a vintage 1990s T-shirt worn by Taylor Swift.
Posted inBusiness, Local & State, News
What Maine’s back-to-school sales tell us about holiday spending
New state data shows people were willing to spend a little more money this fall, but some shoppers still plan on cutting costs for the holidays.
Posted inBusiness, Local & State, News
Canadian tourists, trucks still roll through Jackman amid slump in Maine border crossings
Locals say they have not felt a major drop in traffic in the town, despite data showing a significant decrease in Canadian travelers crossing into Maine this year.
Posted inBusiness, Food & Dining, Leslie Bridgers, Local & State, News
New Portland restaurants are leaning into nostalgia | Column
Familiar food and a timeless look are trending.
Posted inBusiness, Local & State, News
Versant taps Canadian utility executive as new president
Erica Young will begin leading Maine’s second-largest electricity provider next year.
Posted inBusiness, Local & State, News
Endangered North Atlantic right whale numbers up slightly
For the fourth year in a row, estimated annual births outnumbered deaths for the critically endangered species.
Posted inBusiness, Local & State, News
Waldoboro eel operation for sale as part of bankruptcy reorganization
American Unagi short-circuited the eel market when it opened in 2014 and became the first company in the U.S. to grow baby eels to full size.
Posted inBusiness, Local & State
Maine electricity supply cost may rise in addition to rate increase sought by CMP
The supply cost hike is tied largely to wholesale natural gas prices that are on track to keep rising in 2026, in part because more gas will be shipped overseas.