Article examining the persistent negative attitude about Maine's economy, and qu

Chris Churchill

Source

Mainebiz

Date

5-29-2006

Pages

1, 16-18

Abstract

Article examining the persistent negative attitude about Maine's economy, and questioning whether the perception will become self-fulfilling. In a survey conducted last year for the Maine Economic Research Institute, pollers found 94% of Maine business leaders believed the state's business climate was worse than the climate in other states. Charles Colgan, a former state economist, says the negative perception is more dour than conditions warrant. Joseph Conforti, a professor at the University of Southern Maine, warns that Mainers' pessimism could lead to further economic sluggishness. But Edward McLaughlin, president of the Maine Economic Research Institute, believes that stressing the negative is a way to affect policy change. With statistics on the Maine economy.

Subjects

Economic conditions

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