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Economic Summary of Maine

The GDP for Maine was $53 billion in 2012^[1]. Maine had an estimated population of 1.329 million as of 2012^[2]. The GDP per capita was $34,597 in 2012^[3].

Counties

There are 16 counties in Maine. Below are the top ten localities ranked by population in 2010

Rank	Locality	Population 2010
1	Cumberland	281,674
2	York	197,131
3	Penobscot	153,923
4	Kennebec	122,151
5	Androscoggin	107,702
6	Aroostook	71,870
7	Oxford	57,833
8	Hancock	54,418
9	Somerset	52,228
10	Knox	39,736

List of counties in Maine by population

Cities

Top 10 cities in Maine by estimated city proper population in 2010.^[4]

Rank	City	Population 2010
1	Portland	66,194
2	Lewiston	36,592
3	Bangor	33,039
4	South Portland	25,002
5	Auburn	23,055
6	Biddeford	21,277
7	Augusta	19,136
8	Saco	18,482
9	Westbrook	17,494
10	Waterville	15,722

List of Maine cities by population

Industries

Maine industries by GDP 2012.^[5]

Industry	GDP value added $ billions 2012	% of total GDP
Government	7.41	13.81%
Real estate and rental leasing	7.37	13.73%
Health care and social assistance	6.18	11.52%
Retail trade	4.54	8.46%
Finance and insurance	4.07	7.58%
Non-durable manufacturing	2.98	5.55%
Professional, scientific, and technical services	2.89	5.39%
Wholesale trade	2.70	5.03%
Durable manufacturing	2.52	4.69%
Construction	2.07	3.86%
Administrative and waste support services	1.48	2.76%
Transportation and warehousing	1.25	2.33%
Accommodation and food services	2.00	3.73%
Other private services	1.28	2.39%
Utilities	1.05	1.96%
Information	1.01	1.88%
Agriculture, forestry, fishing and hunting	0.81	1.51%
Management of companies and enterprises	0.78	1.45%
Educational services	0.75	1.40%
Arts, entertainment, and recreation	0.51	0.95%
Mining	0.01	0.02%
Total	53.66	100%

Employment

Maine employment by industry in June 2013.^[6]

Industry	Employment thousands June 2013	Percent of total employment
Education & health services	120.4	20.03%
Trade, transportation and utilities	119.2	19.83%
Government	98.9	16.46%
Leisure & hospitality	64.8	10.78%
Professional & business services	59.2	9.85%
Manufacturing	50.8	8.45%
Financial activities	30.9	5.14%
Construction	26.1	4.34%
Other services	19.7	3.28%
Information	8.4	1.40%
Mining and logging	2.6	0.43%
Total non-farm	601.0	100%

Corporations

Top 10 Maine based corporations by revenue in 2012^[7]

There are no Fortune 500 companies in Maine. No companies had a revenue over 4.769 billion in 2012.

Rank	Corporation	Revenue $ millions 2012	Profit $ millions 2012	Assets 2012	Debt Ratio 2012	Headquarters	Employees 2012	Market cap 3/29/12 $ billions	Industry
1
2
3
4
5
6
7
8
9
10

List of Maine companies by revenue

Government Finances

In 2011, the state government of Maine had total revenue of _____ billion. Total expenditures were _____ billion.^[8]

The total debt outstanding in 2011 was _____ billion^[9] (____% of GDP^[10]).

The total cash and security holdings in 2011 was _____ billion^[11].

Revenue by Source	$ millions	Percent of revenue
Intergovernmental revenue from Federal Government
Intergovernmental revenue from local governments
Property taxes
Sales and gross receipts
Individual income tax
Corporate income tax
Motor vehicle license
Other taxes
Charges and miscellaneous general revenue
Utility revenue
Liquor store revenue
Insurance trust revenue
Total		100%

Expenditure	$ millions	Percent of expenditure
Intergovernmental expenditure
Education
Libraries
Public welfare
Hospitals
Health
Employment security administration
Veterans' services
Highways
Air transport
Parking facilities
Sea and inland port facilities
Police protection
Fire protection
Correction
Protective inspection and regulation
Natural resources
Parks and recreation
Housing and community development
Sewerage
Solid waste management
Financial administration
Judicial and legal
General public buildings
Other governmental administration
Interest on general debt
Miscellaneous commercial activities
Other and unallocable
Utility expenditure
Liquor store expenditure
Insurance trust expenditure
Total		100%

Financial Institutions

Top ten banks by assets in Maine^[12]

Rank	Bank	Assets $ millions 3/31/13	Headquarters
1	TD Bank US Holding Company	222,716	Portland
2
3
4
5
6
7
8
9
10

List of Maine banks by assets

References

External links

http://meta.wikimedia.org/wiki/Global_Economic_Map

[1] ttp://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm

[2] ttp://www.census.gov/popest/data/state/totals/2012/index.html

[3] ttp://bber.unm.edu/econ/st-gdp5.htm

[4] ttp://www.maine-demographics.com/cities_by_population

[5] ttp://www.bea.gov/iTable/iTable.cfm?ReqID=70&step=1#reqid=70&step=1&isuri=1&7036=-1&7007=2011&7093=Levels&7090=70&7006=53000&7001=1200&7002=1&7003=200&7004=NAICS&7005=-1&7035=-1

[6] ttp://www.bls.gov/eag/home.htm

[7] ttp://money.cnn.com/magazines/fortune/fortune500/2012/states/CA.html

[8] ttp://www.census.gov/govs/local/

[9] ttp://www.census.gov/govs/local/

[10] ttp://www.bea.gov/newsreleases/regional/gdp_state/gsp_newsrelease.htm

[11] ttp://www.census.gov/govs/local/

[12] ttp://www.ffiec.gov/nicpubweb/nicweb/Top50Form.aspx

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