President's Message: “Planning for our future starts today...”

On Wednesday, December 11, Governor Janet Mills released her 10-year economic development strategy for Maine. If you haven’t already, you can read more in-depth information about it starting on page 1 of this edition.

The strategic plan creates a blueprint for economic growth in our state that builds on the state’s opportunities and reinforces the need for talent and innovation. It is the product of many months of thoughtful deliberation with input from a broad cross-section of stakeholders, experts, employers, employees, and lawmakers. It is realistic, achievable, comprehensive, and inclusive.

Among the report’s highlights are its 10-year Vision: “By 2030, Maine will be an international leader with a vibrant, sustainable, environmentally-responsible economy. All across the state, the people of Maine will have access to an unmatched quality of life and good-paying jobs.” To achieve this vision, the Strategic Plan has established three goals:

1. Grow the average annual wage by +10%5 to the benefit of workers at all income levels
   
2. Increase the value of what we sell per worker by +10%;6
3. Attract 75,000 people to Maine’s talent pool both by increasing participation among Maine’s existing population and attracting new people from out of state — therefore turning a potential labor force shrinkage into a gain.

We look forward to working with the Governor and the various agencies towards these goals as the state’s 10-year economic development plan is implemented.

On behalf of the team at the Maine State Chamber and our Board of Directors, we wish you a joyous holiday season. May you be surrounded by family, laughter and good health.