Dreary Forecast

Summary


AUBURN - Lewiston-Auburn is facing the same bleak economic forecast as the rest of the state, but it has an ace up its sleeve: affordable office space.

"L-A is one of the cheapest places in New England in terms of available office space," said Charlie Colgan, economist and professor at the University of Southern Maine. "It's the energy costs that are killing us relative to (business costs) in the rest of the U.S."

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Extract


Dreary Forecast

But that was about the only local good news in Colgan's annual economic forecast, which he delivered Thursday at a breakfast meeting of the chamber of commerce ...

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