Maine Development Foundation, UMaine Issue Report on Personal Income in Maine
On Oct. 17, the Maine Development Foundation and the University of Maine’s School of Economics and Margaret Chase Smith Policy Center released the second quarterly report analyzing critical economic indicators in Maine. The latest report looks at Maine’s relatively low per capita personal income. The first report, released in August, addressed Maine’s comparatively low level of worker productivity. Ann Acheson, a research associate at the Margaret Chase Smith Policy Center, wrote the new report that analyzes the relative contribution of the three sources of personal income — earned income, investment income and transfer payment income — in Maine and in comparison to the national average. The Maine Development Foundation news release and the full report are online.