Tag Archives: personal income

Maine’s personal income growth for second quarter on par with New England, Nation

THE Bureau of Economic Analysis released State Quarterly Personal Income figures for the second quarter of this year.¬† Maine’s personal income grew from the first quarter to the second of this year by 1.5%, with net earnings* (0.8 percentage points), dividends, interest, and rents (0.3 pp), and transfer receipts** (0.4 pp) making up that increase. […]

Maine Jobs Report, Personal Income Data, and Coincident Index: Cautious Optimism

LAST week, the jobs data published by the Bureau of Labor Statistics showed that Maine’s unemployment rate remained unchanged at 5.7%, but that the economy 4,900 jobs. ¬†While these numbers indicate steady growth, there are reasons the data should call for cautious optimism. First, the 4,900 jobs were the single biggest month-over-month increase during the […]