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COVID rebounds and lingering issues balance 2023 Maine economic report

The annual report detailed growth in areas like higher education and internet access, with poor marks for childhood education and housing affordability.

MAINE, USA — State economists on Wednesday unveiled the latest report on Maine's economy.

The nonpartisan Maine Economic Growth Council and the Maine Development Foundation put together their 29th annual growth report, which covered 31 areas of interest.

The report gave gold stars to the state in areas including higher education certificates, internet connectivity, and environmental quality, while putting red flags next to markers like elementary and middle school success, housing affordability, and mental health.

Yellow Light Breen is the CEO of the MDF, and described the mixed results.

"I think the report tells a tale of Maine's really powerful recovery from the pandemic," Breen told NEWS CENTER Maine after a Wednesday press conference in Kennebunk. "Wages are up, productivity is up, and yet, we have some challenges that were made even worse by the pandemic."

As for long-term analysis, Breen said he was watching for investments in housing, workforce development, and childcare.

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