economy
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PublishedAugust 17, 2022
Understaffed Midcoast restaurants can’t meet demand
While business at restaurants has largely bounced back since the pandemic-induced lows of 2020, staffing shortages are forcing some local spots to cut hours or menu items.
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PublishedAugust 15, 2022
Delayed raises and renovations: Small businesses face new uncertainties
They're being barraged by diverging economic messages that have many wondering what to do next. The U.S. economy shrank for a second quarter in a row, reviving fears that the country might be entering a recession.
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PublishedAugust 2, 2022
Job openings eased in June, reflecting early signs of slowdown
Americans still quit at the same elevated rate as the last few months.
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PublishedJuly 27, 2022
Our View: White House reassurance on recession should not be taken at its word
Lack of consensus on America’s economic prospects makes it best to err on the side of caution.
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PublishedJuly 24, 2022
Expect higher costs, more closures as seasonal worker shortage strains Maine restaurants
Overburdened and understaffed restaurant owners consider wage and menu price hikes to stay in business.
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PublishedJuly 22, 2022
Slump for tech chops off chunk of Wall Street’s winning week
Wall Street gave back some of its strong gains from the week on Friday following discouraging readings on the global economy.
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PublishedJune 29, 2022
U.S. economy slipped 1.6% to start year, but growth is expected to return
It was the first drop in gross domestic product – the broadest measure of economic output – since the second quarter of 2020, in the depths of the COVID-19 recession.
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PublishedJune 28, 2022
Stocks slide on Wall Street as inflation worries persist
The indexes got off to a solid start on Tuesday, but gains faded by midday on consumer confidence news.
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PublishedJune 21, 2022
The comedown: After stimulus boom, Americans face darkening economy
Pandemic-era aid ended as prices spiked – and now the middle class is feeling squeezed again.
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PublishedJune 6, 2022
Average gas price in Maine nears $5 a gallon
'I want them to install crying towels here,' said one gas station customer, with per-gallon prices up nearly $2 from a year ago and likely to continue climbing.
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