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Maine’s Economy

Report: Corporate Consolidation Seen as Major Driver of Inflation

Seven in 10 Americans view inflation as the most pressing issue facing the nation right now, and in Maine, a new report seeks to explore the causes, […]

Public News Service
Posted June 24, 2022
Tags Corporate Power, Economy, Inflation
Maine’s Economy

Report: inflation costs driven mostly by profits, not labor cost

The report by the Maine Center for Economic Progress said corporate profits are rising as Mainers feel the pinch of record-high inflation and pointed the finger at […]

The Center Square
Posted June 22, 2022
Tags Corporate Power, Economy, Inflation
Maine’s Economy

New report explores the role of corporate power in high costs

AUGUSTA, MAINE — Prices are rising and Mainers are feeling the pinch. At the same time, some of the world’s largest corporations are reporting record profits. This […]

Posted June 20, 2022
Tags Corporate Power, Economy, Inflation
Maine’s Economy

Feeling the Pinch: Inflation and corporate consolidation

Prices are rising and Mainers are feeling the pinch. At the same time, some of the world’s largest corporations are reporting record profits. The mismatch between Mainers […]

James Myall
Posted June 20, 2022
Tags Children, Consumer Protection, Economic Security, Economy, Food Insecurity, Inflation, Tax Fairness, Taxes
Taxes and Budget

Congress should focus on addressing the many rising costs that are hurting Mainers

Election seasons can heighten tensions while reducing legislative activity, but right now, before ads and mail pieces clutter our mailboxes and debates heat up, there’s a window […]

Bangor Daily News
Posted June 1, 2022
Tags Children, Coronavirus, Economic Security, Economy, Federal, Health Care
Maine’s Economy

Paul LePage Is Back!

By most metrics, despite the high inflation and soaring energy costs, Governor Mills has a sterling set of accomplishments to fall back on during her reelection campaign […]

The Nation
Posted May 31, 2022
Tags Economic Security, Economy, Jobs, Poverty, Revenue
Taxes and Budget

How Maine is spending federal rescue plan funds

Under the Biden administration’s American Rescue Plan Act (ARPA), over $4.5 billion of federal funding is flowing into Maine to contend with the impacts of the COVID-19 […]

Maura Pillsbury
Posted May 19, 2022
Tags ARPA, Budget, Children, Economic Security, Economy, Health Care, Infrastructure

MECEP report shows the Child Tax Credit made a tangible difference for Maine families

The improved and expanded monthly Child Tax Credit (CTC) has been one of the most successful and popular American Rescue Plan Act programs, providing flexibility to parents […]

MECEP
Posted May 13, 2022
Tags Child Tax Credit, Children, Economic Security, Economy, Incomes, Poverty
Taxes and Budget

REPORT: How the Child Tax Credit was spent in Maine

The improved and expanded monthly Child Tax Credit (CTC) has been one of the most successful and popular American Rescue Plan Act programs, providing flexibility to parents […]

MECEP
Posted May 13, 2022
Tags Child Tax Credit, Children, Economic Security, Economy, Federal, Poverty, Taxes
Maine’s Economy

What a day in the life of record high inflation looks like

“I think we saw at the beginning of the pandemic, there was a lot of stimulus out in the economy. People were saving a lot more,” Sarah […]

NewsCenter Maine
Posted May 12, 2022
Tags Economic Security, Economy
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