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Fact Book: Doing Business in Maine 2025

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V O L . X X X I N O. X I X 104 Fact Book / Doing Business in Maine WO R K F O R C E S O U R C E : Bureau of Labor Statistics 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 26.7K 27.5K 28.2K 29.3K 30K 29.9K 31.6K 32.6K 34K 35.1K 34.4K 25K 26K 27K 30K 29K 28K 33K 32K 31K 36K 35K 34K Preliminary numbers Filling the need for multifamily housing B y P e t e r V a n A l l e n Maine still needs an estimated 80,000 housing units, according to MaineHousing, and every bit makes a difference. Looking through the U.S. Census data on building permits issued in Maine, there are a couple interesting trends. At least through May, the number of building permits issued for single family homes is continuing at the brisk pace set during the pandemic. At the current rate, Maine would have 4,384 single-family units in development — on par with the 2023 number. But the real growth has been in development of projects with five or more units. Through May, permits have been issued for 1,342 units — which even through five months is more than any recent year but 2022, when 1,866 units were approved over 12 months. CONSTRUCTION JOBS IN MAINE (MEASURED IN JUNE) 1 unit 2 units 3–4 units 5+ units N O T E : 2025 numbers through May S O U R C E : U.S. Census Bureau BUILDING PERMITS FOR NEW, PRIVATELY OWNED HOUSING UNITS IN MAINE 7.5K 7.0K 6.5K 6.0K 5.5K 5.0K 4.5K 4.0K 3.5K 3.0K 2.5K 2.0K 1.5K 1.0K 0.5K 0 3,249 3,249 3,699 3,699 4,010 4,010 4,358 4,358 4,697 4,697 4,760 4,760 5,304 5,304 6,530 6,530 7,105 7,105 5,824 5,824 5,991 5,991 3,298 3,298 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

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