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While race- and ethnicity-based economic inequality long predates the pandemic, disparities have widened over the past year, economist Jeff Fuhrer told a Mainebiz virtual forum on Thursday. Fuhrer, a former top official at the Federal Reserve Bank of Boston, is now executive vice president and chief strategy officer at MassDevelopment, that state s finance and development agency. In his opening keynote of the Five on the Future discussion, Fuhrer questioned whether the United States is the land of opportunity it purports to be, saying, I d like to believe that s true, but we re pretty far from that. Backing up that point, he cited 2018 data showing discrepancies in income distribution for Black and Latino families versus white families. ....
Greg Day, TDB LLC, Westbrook Image Greg Day Development with a purpose: “Through COVID, I’m seeing a renewed emphasis on real estate investments that improve communities. Combining social impact with social infrastructure is a powerful combination that can garner widespread stakeholder support and create essential assets to communities or regions with longevity. The master-planned development in Westbrook is a great precedent with these attributes combining food production, job creation, city infrastructure and housing in an urban setting.” Bev Uhlenhake, Epstein Commercial Real Estate, Bangor Image Bev Uhlenhake Business, landlord cooperation: “Many businesses and landlords in Maine worked together to keep businesses afloat last year. This early cooperation will allow both groups to survive and thrive in 2021.” ....
âFive on the Future Forumâ Goes Virtual Tuesday, January 26, 2021 1:24 PM Statewide business news source Mainebiz will host its free, annual Five on the Future Forum via the virtual networking platform Remo on Thursday, February 25, from 10:30 a.m. to noon. The forum will feature a panel discussion with a group of economists and area business leaders who will offer insights into what Maine businesses can expect during the rest of 2021. The keynote speaker and moderator will be Jeffrey Fuhrer, executive vice president and chief strategy officer at Mass Development. Panelists will include Dava Davin, founder of Portside Real Estate Group; Jessica Estes, partner at The Boulos Company; Curtis Picard, president and CEO of the Retail Association of Maine; and Derek Volk, president of Volk Packaging. ....
Central Maine business briefs: JMG board welcomes six members, names new leadership People & Places: Waterville Hannaford to feature expansion of in-store goods aimed at enhancing customer convenience. Share AUGUSTA Jobs for Maine’s Graduates recently welcomed six new board members and a new board chairperson who will help launch JMG’s student-centered, results-driven priorities in its latest five-year strategic plan. “We are excited about JMG’s slate of directors who bring diverse insight and expertise to JMG,” said JMG president and CEO Craig Larrabee, according to a news release from the private nonprofit. “Our recruitment efforts ensure that JMG’s board and leadership include experts from public education and private businesses from across the state and industry sectors.” ....