While this year's relatively mild winter hurt snow-based businesses across the s

Chris Churchill

Source

Mainebiz

Date

4-3-2006

Pages

1, 20-22

Abstract

While this year's relatively mild winter hurt snow-based businesses across the state, other businesses thrived in months that are supposed the be the year's low points. The construction industry is the most obvious beneficiary of the warmer winter, benefiting both contractors and spin-off industries. The unseasonable weather allowed construction of the Waldo-Hancock Bridge to continue without delay. The mild winter also benefited restaurants and retail stores that depend on consumer whims. Charles Colgan, an economist at the Muskie Institute of Public Service at the University of Southern Maine, believes the positive side of the mild winter outweighs the negative side because of money saved on heating costs that had, and will continue to have, an effect on spending.

Subjects

Winter, Weather 2005-2006

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