Consumer prices rose 0.4 percent in August and were up 3.4 percent from a year earlier, the Bureau of Labor Statistics reported Friday, matching July’s annual rate but up sharply from its 0.1 percent monthly gain.
Category Archives: Recent News
Common Ground Country Fair Marks 50th Year in Unity
The Common Ground Country Fair will celebrate its 50th anniversary this year, running September 25 through 27 at the Common Ground Education Center in Unity. Hosted annually by the Maine Organic Farmers and Gardeners Association, the fair features more than 1,000 exhibitors and speakers and centers on organic agriculture, sustainable living and local economies. The …
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New England Parkinson’s Ride Returns to Old Orchard Beach for 2026 Ride
Cyclists and walkers will gather at The Ball Park in Old Orchard Beach on September 12 for the New England Parkinson’s Ride, an annual fundraiser supporting Parkinson’s disease research.
Consumer Confidence Slips In August as Expectations Sour
The Conference Board’s Consumer Confidence Index slipped 0.8 points in August to 89.4, coming in below the 90.3 economists had forecast.
Maine’s Unemployment Rate Holds Steady at 3.1% in July
Maine’s unemployment rate remained unchanged at 3.1 percent in July, marking the fourth consecutive month at that level, according to data released by the Maine Department of Labor. The rate has stayed within a narrow band of 3.1 to 3.3 percent for 23 straight months, and has held below four percent for 55 months — …
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U.S. Economy Shed 23,000 Jobs in July as Hiring Stalls
The American job market went backward last month. Employers cut 23,000 jobs in July, the Bureau of Labor Statistics reported Friday, against forecasts of an 83,000 gain. The unemployment rate edged down a tenth of a point to 4.1 percent, but not for encouraging reasons. The decline came largely from people leaving the workforce rather …
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