economy Archives - Lewiston Sun Journal

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Economy

Published
December 21, 2021

U.K. to give $1.3 billion in aid to businesses hurt by omicron

The hospitality industry has taken a hit from public health measures, staff shortages and reservation cancellations.
Published
December 21, 2021

Omicron casts new shadow over economy’s pandemic recovery

One fear is that infections will further disrupt manufacturing and shipping, worsening the supply chain backlogs.
Published
December 14, 2021

Supply-chain nightmare ignites economic boom along U.S.-Mexico border

By keeping production closer to its final destination, companies hope it will reduce the risk of distribution snags.
Published
December 7, 2021

Long-term state revenue projections ‘volatile,’ Maine lawmakers told

The words of caution come as the Legislature prepares to debate what it should do with $822 million in additional revenue being projected for the current two-year budget.
Published
November 30, 2021

U.S. consumer confidence falls in November to nine-month low

U.S. consumer confidence was held back by rising worries about inflation and lingering concerns about the coronavirus.

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Published
November 10, 2021

U.S. consumer prices soared 6.2% in past year, most since 1990

Prices for U.S. consumers jumped 6.2% in October compared with a year earlier as surging costs for food, gas and housing left Americans grappling with the highest inflation rate since 1990.
Published
November 9, 2021

General Electric to end its run as a conglomerate, split into 3 companies

The new public entities will be focused on aviation, health care and energy.
Published
August 1, 2021

Mills earns praise, criticism for pandemic response as re-election campaign looms

In an exclusive Blaine House interview, the governor talks about her decisions on COVID-19, vetoes she's issued and other topics as Maine gears up for 2022 gubernatorial race.
Published
July 27, 2021

Wage of $15 becoming a norm as U.S. employers struggle to fill jobs

The $7.25-an-hour federal minimum wage has now gone the longest stretch without an increase since it was first introduced in 2009.
Published
June 24, 2021

U.S. economy grew 6.4% in 1st quarter, and it’s likely just the start

Additional economic data points to a nation that has regained its footing quickly after being thwacked by a global pandemic, though jobless claims remain stubbornly above 400,000.