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With scarce inventory, Bangor is seeing a sharp increase in home prices. Builders, employers and the city itself are racing to keep up with the housing demand.
A roundup of Maine construction news includes three coffee shops for South Portland-based Aroma Joe’s, support for Preble Street's Housing First programs, and other developments around the state.
An expert from the Association for Consulting Expertise advises a reader whose business is looking to hold onto its workforce.
Mainebiz looks back at its 30-year history, and recalls purchases and sales that eventually influenced transactions of today.
A tribute to the sweetest dog you could imagine.
Photographer Fred Field has been a road warrior for Mainebiz.
A roundup of new hires, promotions and achievements at Maine businesses, nonprofits, health care institutions and professional services firms.
U.S. retail sales continued to grow in May but not at the pace of previous months, the National Retail Federation reported last week.
Total retail sales, excluding automobiles and gasoline, were up 0.49% seasonally adjusted month over month and up 4.44% unadjusted year over year in May, according to the CNBC/NRF Retail Monitor, powered by Affinity Solutions, released by the National Retail Federation. That compared with increases of 0.72% month over month and 6.76% year over year in April.
Sales of digital products were up last month (by 1.81%), but sales of general merchandise and clothing and accessories were flat.
Declines were reported for electronics and appliances (by 1.98%), furniture and home furnishings (0.24%) and building and garden supply stores (2.3%).
“While momentum remains, the nature of consumer spending is shifting as economic uncertainty increases. Consumer fundamentals haven’t been damaged yet, and a slowing-but-still-growing job market is supporting household priorities ahead of any meaningful price increases in the coming months," said Matthew Shay, president and CEO of the National Retail Federation.
The Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Learn MoreWork for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Learn MoreWhether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Whether you’re a developer, financer, architect, or industry enthusiast, Groundbreaking Maine is crafted to be your go-to source for valuable insights in Maine’s real estate and construction community.
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