June 25, 2018
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Poll: Maine consumer confidence low

The Associated Press

PORTLAND, Maine — A new survey shows consumer confidence in Maine is anything but robust.

The survey released Wednesday by Market Decisions of Portland shows that consumer confidence rose for more than three consecutive quarters after hitting bottom in July 2008. But since April 2009, there’s been no significant improvement.

Market Decisions President Curtis Mildner said the poll shows consumer perceptions of the economy are frozen. He says consumer spending is and will remain weak.

Nearly 42 percent of Mainers say they’re worse off than a year ago. Only one in five expect to be better off in the next year.

In the survey, 401 Mainers 18 and older were contacted by phone July 14 to Aug. 3. The poll has a margin of error of 5 percentage points.

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