Maine Sustained Profit Growth Plan

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Multi-State
Control #:
US-CC-20-160H
Format:
Word; 
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20-160H 20-160H . . . Sustained Profit Growth Plan under which (a) each officer of the level of Senior vice President and above receives a contingent cash award equal to a specified percentage of his or her annual base salary and (b) actual awards are determined by measuring the corporation's performance of previously selected business measures and attainment of specific objective numeric goals relating to those measures over a three year performance period. The measures may include return on average or year-end equity, return on average or year-end assets, earnings per share, growth in earnings per share, increase in the corporation's common stock price, total return to stockholders, growth in net income per employee, growth in non-interest income, control of net overhead expense, control of non-performing loans, capital adequacy, and adequacy of loan loss reserves
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FAQ

The Maine Economic Recovery Grant Program is intended to help sustain the viability of Maine's small businesses and nonprofits - not to replace lost profits ? by providing short-term financial relief for businesses and non-profit organizations that incurred business disruptions as a result of the COVID-19 pandemic.

The Strategic Plan is a 10-year economic development strategy released in 2019 to harness Maine's natural strengths and address its future challenges. As we work to implement the plan, everyday individuals and organizations across the state are working towards its vision of growing talent and innovation in Maine.

Idaho. #1 in GDP Growth. #3 in Best States Overall. ... Utah. #2 in GDP Growth. #1 in Best States Overall. ... Tennessee. #3 in GDP Growth. #24 in Best States Overall. ... Florida. #4 in GDP Growth. #10 in Best States Overall. ... Arizona. #5 in GDP Growth. ... Washington. #6 in GDP Growth. ... North Carolina. #7 in GDP Growth. ... Maine. #8 in GDP Growth.

U.S. real GDP of Maine 2000-2022 In 2022, the real gross domestic product (GDP) of Maine was 64.77 billion U.S. dollars.

In the 1st quarter of 2023, the real GDP growth rate for Maine was 1.6% per year. Source: Bureau of Economic Analysis. In the 1st quarter of 2023, the real GDP for Maine was $84.7 billion in goods and services per year.

Maine had strong employment growth in 2022, gaining 15,200 nonfarm jobs during the year. Total nonfarm employment reached a record high of 638,700 in 2022, surpassing the pre-pandemic 2019 annual average of 637,100.

/data/values yearMaine2020$43,747 (Forecasted)2021$44,158 (Forecasted)2022$44,568 (Forecasted)2023$44,979 (Forecasted)23 more rows

This is a 10-year Economic Development Strategy for Maine. It is a dynamic and nonpartisan roadmap designed to foster collaboration among the public, private, nonprofit and education sectors for the purpose of creating a diverse and sustainable economy.

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Maine Sustained Profit Growth Plan