The Maine economy ranked No. 44 — the eighth-worst nationally and the worst among Northeast states — in a study released Monday by financial website WalletHub. Maine placed just behind Mississippi, No. 43, and just ahead of Nevada.
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Is Maine a wealthy state?
In the recently-released ninth edition of the Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index rankings report, Maine earned its highest all-time rank of 38.
Where does Maine rank in economy?
Maine Score and Ranking
| Category | 2021 Score | 2019 Rank |
|---|---|---|
| Workforce | 111 | 45 |
| Economy | 103 | 37 |
| Business Friendliness | 116 | 29 |
| Access to Capital | 41 | 42 |
What is the main industry in Maine?
Manufacturing, services, and taxation
The service sector represents the largest component in the market value of Maine goods and services; the manufacturing sector is second. Pulp and paper products and transportation equipment constitute the largest items in manufactured goods.
What is Maine the largest producer of?
blueberries
Maine’s agricultural output is mainly blueberries, dairy products, potato, poultry, and eggs. Potato is the largest crop grown in the state and is mainly grown in the Aroostook Country. Maine is the top producer of blueberries and the second-largest producer of maple syrup in the US.
Does Maine have a good economy?
Courtesy / WalletHub Maine’s economy ranked No. 44, or eighth-worst, in a just-released study by WalletHub.
Where does Maine rank in poverty?
Maine ranks 21st in Poverty Rate at 12.9%(poverty rankings by state). The Poverty Rate of Maine is moderately lower than the national average of 14.6%.
Is Maine a good state to live in?
High Quality of Life
Maine has affordable housing and a lower low cost of living than neighboring states.United States News & World Report ranked Maine as the 1st overall safest state to live, (also 1st in the list of low violent crime and 4th in low property crime).
Why Maine is the best state?
12 for quality of life. U.S. News & World Report ranks Maine among the top half of the best states to live, especially when it comes to safety and security.Maine ranked No. 1 for crime and corrections for having the lowest violent crime and murder rates.
Is Maine a healthy state to live in?
Maine ranked 17th amongst the 50 states in health.The United Health Foundation has been ranking states on health since 1990.
Is Maine’s economy growing?
Maine’s Economic & Business Climate. The Bureau of Economic Analysis estimates that Maine’s total gross state product for 2019 was $67.7 billion, representing a 1.4% growth rate over the previous year. Per capita personal income in 2019 was $50,634, ranking 30st nationally. The increase was 9.9% over 2018 results.
What is Maine’s main export?
The state’s largest manufacturing export category is paper, which accounted for $356 million of Maine’s total goods exports in 2018.
Who is the largest employer in Maine?
HANNAFORD BROS
Employment, Top 50 Employers
| 2012 | 2014 | BUSINESS |
|---|---|---|
| RANK | RANK | NAME |
| 1 | 1 | HANNAFORD BROS |
| 2 | 2 | WALMART/SAM’S CLUB |
| 2 | 3 | MAINE MEDICAL CENTER |
How many blueberries does Maine produce?
Current Maine Wild Blueberry Production and Value
| TOTAL | USE | |
|---|---|---|
| Year | Harvested | Fresh |
| 2019 | 3,800 | |
| 2018 | 18,800 | 3.1% |
| 2017 | 17,000 | 0.5% |
What are three of Maine’s largest industries?
The state of Maine employs 0.8 million people with a growth rate of 1.1% over the five years to 2018 which ranks it 35 out of all US states. Major employment sectors in Maine include Health care and social assistance, Retail trade and Professional, scientific, and technical services.
What industries are growing in Maine?
Three key sectors of Maine’s economy, agriculture and food production, aquaculture and biopharmaceuticals, are poised for growth and are well-positioned to tap global trends and transform the state’s many assets into quality jobs leading our state out of a downturn caused by the global COVID-19 pandemic.
How do Maine schools rank nationally?
Some news reports in Maine hailed the state’s ranking at 10th in the nation (not mentioning that it was actually tied with Illinois for that spot among the 47 states that reported). The graduation rate, while important, is only one measure of educational success. (See also Rank of Maine, Education.)
How educated is Maine?
By that measure of educational efficiency, Maine ranks 50th in the country. That’s right — dead last. Put differently, every other state in the nation does a better a job with its investment in its public schools.
Where does Maine rank for education?
Maine Rankings
| Higher Education | #40 |
|---|---|
| Pre-K – 12 | #12 |
What’s Maine’s nickname?
The Pine Tree State
What is Maine known for?
Maine’s long rocky Atlantic Coast is known for its frigid waters and an ample fishery – most famed for the Maine lobster. The state also is known for more than 40,000 acres of wild blueberries. 7. There are about 43 people per square mile in Maine.
