Good News For State Economy?

Updated 6 years ago

Maine’s economy could be headed for an upswing.Officials with the state’s Small Business Administration says they’ve seen loan activity increase since it started waiving fees to borrowers for its guaranteed loans.The Finance Authority of Maine also reports hearing from more folks looking to open or expand businesses.Even real estate seems to be picking up.Last month, pending sales of existing homes were the strongest of any month since August 2007. A new public opinion poll by Critical Insights found 70 percent of Maine voters believe the economy is worse now than it was a year ago…that’s down from more than 90 percent in the fall.


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