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January 11, 2021 Edition
The former senior policy analyst at the Federal Reserve Bank of Boston is again keynoting the Mainebiz "Five on the Future" discussion on Feb. 25. But first, he chats about 2020, and what may lie on the horizon in the year ahead.
2021 forecast for Maine's health care industry: An embattled system faces more battles
William HallMaine's hospitals, clinics and other health care organizations have been ground zero of the pandemic. Even with the rollout of COVID-19 vaccines and the widespread adoption of remote technology, the industry will be hard pressed in 2021.
2021 forecast for Maine's higher education field: Grooming resilient grads
Colleges and universities learned how to make learning work amid a global catastrophe. Leaders of Maine's schools are optimistic that their students will take that adaptability and tenaciousness with them as they enter the workforce.
2021 forecast for Maine's hospitality sector: Facing another inhospitable year
Maureen MillikenThe industry has lost 41,000 jobs because of the pandemic, and recovered fewer than half of them. The coming year doesn't look good either, although there may be some improvement in the third and fourth quarters.
2021 forecast for Maine's manufacturers: The word of the year is 'persist'
When the pandemic struck, manufacturers of all types turned on a dime to produce PPE and other critical supplies. Now the goal is to keep them coming.
2021 forecast for Maine's marine industries: Shipyards will continue to grow
Mainebiz StaffThe two largest yards in the state have been steadily growing despite the pandemic, and have a stream of work and facility upgrades lined up for the year.
2021 forecast for Maine's nonprofit sector: More need, more challenges in year ahead
The pandemic sent demand for the services of many nonprofits skyrocketing, and that trend is likely to continue. Nevertheless, groups are adapting and aiming to be resilient in 2021.
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2021 forecast for Maine's real estate sector: Residential, industrial sales will stay hot
Maureen MillikenAfter a surprisingly strong year, with many transactions driven by the pandemic, the market for Maine properties is expected to be "vibrant." But a lack of inventory could put a damper on it.
2021 forecast for Maine's retail businesses: 'Long haul’ in store, but maybe a silver lining too
Prospects for one of the industries hardest-hit by the pandemic won't even become clear for another month, says the head of the Retail Association of Maine.
2021 forecast for Maine's transportation sector: Portland eyes port improvements
A long-planned cold storage facility on the Portland waterfront and a pending sale of the state's largest railroad are on the horizon, demonstrating that the pandemic has slowed but not stopped changes in the transportation and logistics field.
No one saw 2020 coming, and yet … some businesses thrived
A year ago, Mainebiz asked 20 business leaders for their outlook for 2020. Most painted a picture of a continued booming real estate market and consumer spending, coupled with the challenge of an ongoing labor shortage.
2020 in review: A Belfast shipyard benefitted when pandemic ‘pushed people outdoors’
This marine services and shipbuilding company weathered the storms of 2020, especially after sales of new vessels went off the charts.
2020 in review: ‘A perfectly fine year,’ says a financial planning firm
Financial services seemed to cope with 2020 better than many industries. "The fact is that people need guidance with their money," says one financial planner.
2020 in review: Lobstering sees a major shift in buyers
Harvesting dipped in the early days of the pandemic, but Maine's lobster industry rebounded in an unexpected way.
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2020 in review: The hospitality workforce still matters
Maureen MillikenWorkforce development was a key priority for the Maine's hospitality industry as 2020 began. After it lost 30,000 jobs, the priority remains.
- Ask ACE
Ask ACEAsk ACE: How to get creative energy back in your video meetings
Francis Eberle, Price AssociatesA contributor from the Association for Consulting Expertise helps out a reader whose remote meetings need a jolt of creative energy and productivity.
From the Publisher: Closing a door, but opening a window
Donna BrassardPublisher Donna Brassard, who will be transitioning from Mainebiz in the months ahead, pens a note to readers, friends and the business community.
- Letter from the EditorLetter from the Editor
From the Editor: After last year’s turbulent ride, what’s ahead for 2021?
While last year was a year we’ll never forget, no one seems quite certain what this year will look like.
