Tag Archives: Bureau of Economic Analysis

Doing continues to supplant making in Maine

LEWISTON SUN-JOURAL PHOTO BY AMBER WATERMAN

There are plenty of individual makers in Maine, but a new data set from the Bureau of Economic Analysis shows continued gains for service industries as growth in industries like manufacturing and construction lag behind. The new data set (its methods still being refined) shows inflation-adjusted GDP (in 2009 dollars) by industry for the states as recently as two quarters […]

Bangor and The County lead growth in personal income in 2013, but…

The Bangor metropolitan area and Aroostook County led the state for growth in personal income per person from 2012 to 2013, but that doesn’t necessarily mean people have more money in their pockets than one year prior. The 2013 figures for all counties and metropolitan areas in the country shows the the total personal earnings (and transfer payments […]

The Queen City is a relatively cheap date

So, you’re stuck with the classic problem of where to spend your $100 and your choices are Bangor, Lewiston, Portland or any of the untamed non-metropolitan areas in between. Naturally, you’d consult the U.S. Bureau of Economic Analysis. And here’s what the bureau would say: Go to Lewiston. Bangor’s not far behind. And the Portland area will […]

Maine’s real estate, health care industries grow the most; administrative services grows the fastest

Maine’s real estate and health care are making up an increasing share of the state’s economy, according to preliminary statistics from the U.S. Bureau of Economic Analysis. It’s no surprise — given demographic trends — that Maine’s economic growth has lagged the nation’s. The latest batch of data, however, gives more detail on the shifting internal makeup of the state’s […]

Unofficial take: Consumer spending held up in Maine through recession

How did Maine fare through the recession and recovery? Well, we don’t know for sure and it’s more complicated than one number, but preliminary data from the Bureau of Economic Analysis bolsters a storyline that Maine wasn’t one of the Great Recession’s swing states. That is, the lows weren’t as low and the swing back […]