Maine State Profile

Maine adds green jobs as traditional sectors continue to suffer losses; home prices depreciation accelerates; state restructures revenue with new law that reduces income tax rates and expands the sales tax base.

• State job growth fell 3.3% in August 2009 from a year ago; national job growth fell 4.4%.
• State unemployment averaged 8.6% in August 2009; the national average was 9.7%
• Personal income fell 0.6% to $47.7 billion in Q2 2009 from a year ago.
• Tax revenue fell 15.4% in Q2 2009 from the previous year.
• Exports fell 39.9% to $903 million billion in the first seven months of 2009 from a year ago.