"Capitol Update" piece on Maine's "Cost-of-Doing Business" ranking from the CA-b

Authors

Mal Leary

Source

Mainebiz

Date

9-3-2007

Pages

16

Abstract

"Capitol Update" piece on Maine's "Cost-of-Doing Business" ranking from the CA-based Milken Institute, which rose from 28th last year to 17th-highest in the nation this year, driven by the cost of electricity. Last year, electricity rates for Maine businesses were 6 percent above the national average, and this year they are 43 percent above the national average. Gov. John Baldacci says it's still cheaper to do business in Maine than in any other New England state.

Subjects

Business firms Maine, Business, Economic conditions

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