Maine's drop in small business openings second worst in country

Maine experienced a 40% decline in small business openings when compared to last year, the second largest drop nationwide, according to Jill Gonzalez, an analyst for WalletHub.

A report from WalletHub comparing the economic exposure to coronavirus among the 50 states ranks Maine 21st overall but 13th in the category “highly affected industries and workforces,” one of the two metrics used to rank the states. Double weight is given to the accommodations, food service, arts, entertainments and recreation industries.