[CPEO-IRF] Maine's economy in the wake of Brunswick closure

[Lenny Siegel <lsiegel@cpeo.org>]

Colgan: BNAS closure date dictates health of economy
Citing professor's forecast, Richardson pushes swift action to hone 
reuse plans

Christopher Cousins
Brunwick Times Record (ME)
January 12, 2006

BRUNSWICK - A leading economist's predictions about Maine's future 
amounted to a review of what many in the Mid-coast region already knew: 
that the quicker Brunswick Naval Air Station closes down, the harder it 
will be for the economy to recover.

University of Southern Maine Professor Charles Colgan told a group of 
business leaders Wednesday that unemployment will remain flat in 2006, 
personal income growth will slow and job creation will lag behind 
national averages.

But he added that those predictions could miss the mark considerably, 
creating a darker forecast, if the timeline to close Brunswick Naval Air 
Station is sped up to any degree.

...

For the entire article, see
http://www.timesrecord.com/website/main.nsf/news.nsf/0/80F73D2954BC577B052570F40063DDD3?Opendocument

--
Lenny Siegel
Director, Center for Public Environmental Oversight
c/o PSC, 278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
http://www.cpeo.org
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