Tag Archives: economic recovery

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 […]

As US hits milestone for job recovery, Maine still has ground to make up

The U.S. economy picked up the pace for job growth in May, adding 217,000 nonfarm payroll jobs and topping the 2008 peak of 138.4 million jobs, according to the latest jobs report. But as the nation’s job tally rises back to pre-recession levels, nearly five years after the recovery began, Maine still has around 15,000 jobs to pick up before […]