Maine Construction Industry Remains Strong Amid Economic Downturn

“Maine’s construction industry remains strong and major private developments are still on track as the coronavirus pandemic hammers other sectors of the economy. But the future of construction and development in the state remains uncertain. New hotel, restaurant and retail developments are unlikely in the immediate future as those economic sectors face huge challenges. The likelihood of state and local revenue shortfalls puts new infrastructure spending in doubt. The threat of a resurgent coronavirus that could upend economic progress lurks in the background.” For full article see source: Source:https://www.pressherald.com/2020/10/05/maine-construction-industry-remains-strong-amid-economic-downturn/