20 on ’20: Maine leaders weigh in on what’s ahead for the state’s economy this year

Posted 2020-01-13

Every January, Mainebiz looks at the coming year and asks a range of experts, “Where is the economy headed?” This year, we asked CEOs, business owners and nonprofit leaders what 2020 will look like. A year ago, many were expecting a recession. That didn’t materialize and this year many are expecting to stay strong throughout the year. Yet, even though some sectors are strong, there are concerns out there. Construction costs continue to skyrocket, consumer goods are getting more expensive, health care costs are rising. As you’ll see from the responses, there’s not a clear direction the economy is headed.

Rob Snyder—20 on ’20: Diversified income will be key to future of Maine’s island communities