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Breece Quoted in Press Herald Article on Maine’s Economic Forecast

James Breece, an economics professor at the University of Maine, spoke with the Portland Press Herald for an article about the future of Maine’s economy. Breece said most economists would agree with the prediction of mild job growth for the next year made by Charles Colgan, a professor at the Muskie School of Public Service at the University of Southern Maine. Breece added that the continuing decline in manufacturing in the state is slowing the economy and there’s a disconnect in Maine between strong economic gains and high corporate profits and the slow return of jobs that were lost during the recession.

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