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October 14, 2019 Edition
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Focus on Midcoast & Downeast

Machias makes a comeback, after decades of decline

Laurie Schreiber

With a $5 million capital improvement campaign for its airport underway, another $5 million going toward a new banking facility, and new businesses coming to town, Machias is exuding a new sense of optimism.

  • Building Business
    Building Business

    Should housing be allowed on a key industrial corridor?

    Peter Van Allen

    Rezoning will be required if a Portland developer is to build a 22-unit housing complex on Riverside Street, which he says "is where the new opportunities are." Plus other news from the construction scene.

  • Letter from the Editor
    Letter from the Editor

    Coastal pockets of prosperity

    Peter Van Allen

    Maine’s coastline is one of its biggest tourist draws and one of its most complex areas. This issue focuses on areas Downeast and on the Midcoast that have seen good times and bad times, but are seeing positive growth of late.

  • In Short
    In Short

    Newsworthy people and performances for Oct. 14, 2019

    The Mainebiz round-up of businesses and businesspeople that have been making changes in recent weeks. Check out our compilation of new hires, promotions, accomplishments and more.

Today's Poll

Did you spend more or less on holiday shopping this year?
Poll Description

Total spending on holiday shopping was predicted to surpass $1 trillion this year, according to the National Retail Federation. 

The trade association predicted retail sales in November and December would grow between 3.7% and 4.2% over 2024, which translates to total spending between $1.01 trillion and $1.02 trillion. By comparison, last year’s holiday sales rose 4.3% over 2023, totaling $976.1 billion.

But holiday shopping can be tricky, with some products seeing price increases, and the overall cost being driven up by gift wrapping, packaging and shipping.

More Information