Maine
From Wikinvestor
Maine is a state in the New England region of the northeastern United States of America, bordering the Atlantic Ocean to the southeast, New Hampshire to the southwest, the Canadian provinces of Quebec to the northwest and New Brunswick to the northeast. Maine is the northernmost portion of New England and is the easternmost state in the contiguous United States. It is known for its scenery—its jagged, mostly rocky coastline; its low, rolling mountains; and its heavily forested interior — as well as for its seafood cuisine, especially lobsters and clams.
The original inhabitants of the territory that is now Maine were Algonquian-speaking peoples. The first European settlement in Maine was in 1604 by a French party. The first English settlement in Maine, the short-lived Popham Colony, was established by the Plymouth Company in 1607. A number of English settlements were established along the coast of Maine in the 1620s, although the rugged climate, deprivations, and Indian attacks wiped out many of them over the years. As Maine entered the 18th century, only a half dozen settlements still survived. American and British forces contended for Maine's territory during the American Revolution and the War of 1812. Maine was an exclave of Massachusetts until 1820, when as a result of the growing population, it became the 23rd state on March 15 under the Missouri Compromise.
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Geography
To the south and east is the Atlantic Ocean and to the north and northeast is New Brunswick, a province of Canada. The Canadian province of Quebec is to the northwest. Maine is both the northernmost state in New England and the largest, accounting for nearly half the region's entire land area. Maine also has the distinction of being the only state to border just one other state (New Hampshire to the west). The municipalities of Eastport and Lubec are, respectively, the easternmost city and town in the United States. Estcourt Station is Maine's northernmost point and also the northernmost point in the New England region of the United States.
Maine's Moosehead Lake is the largest lake wholly in New England (Lake Champlain being located between Vermont and New York). A number of other Maine lakes, such as South Twin Lake, are described by Thoreau. Mount Katahdin is both the northern terminus of the Appalachian Trail, which extends to Springer Mountain, Georgia, and the southern terminus of the new International Appalachian Trail which, when complete, will run to Belle Isle, Newfoundland and Labrador.
Maine also has several unique geographical features. Machias Seal Island and North Rock, off its easternmost point, are claimed by both the U.S. and Canada and are within one of four areas between the two countries whose sovereignty is still in dispute, but is the only one of the disputed areas containing land. Also in this easternmost area is the Old Sow, the largest tidal whirlpool in the Western Hemisphere.
Maine is the most sparsely populated state east of the Mississippi River. It is called the Pine Tree State; ninety percent of its land is forested. In the forested areas of the interior lies much uninhabited land, some of which does not have formal political organization into local units (a rarity in New England). The Northwest Aroostook, Maine unorganized territory in the northern part of the state, for example, has an area of 2,668 square miles (6,910 km²) and a population of 27, or one person for every 100 square miles (255 km²).
Maine is equally well known for its ocean scenery, with almost 3,500 miles (5,600 km) of shoreline. West Quoddy Head is the easternmost piece of land in the contiguous 48 United States. Along the famous rock-bound coast of Maine are lighthouses, beaches, fishing villages, and thousands of offshore islands, including the Isles of Shoals, which straddle the New Hampshire border. Jagged rocks and cliffs and thousands of bays and inlets add to the rugged beauty of Maine's coast. Just inland, by contrast, are lakes, rivers, forests, and mountains.
More prosaic geologists describe this type of landscape as a drowned coast, where a rising sea level has invaded former land features, creating bays out of valleys and islands out of mountain tops.[7] A rise in the elevation of the land due to the melting of heavy glacier ice caused a slight rebounding effect of underlying rock; this land rise, however, was not strong enough to eliminate all the effect of the rising sea level and its invasion of former land features.
The noted American ecologist Rachel Carson did much of her research at one of the Maine seacoast's most characteristic features, a tide pool for her classic "The Edge of the Sea." The spot where she conducted observations is now preserved as the Rachel Carson Salt Pond Reserve at Pemaquid Point.
George Lorenzo Noyes, known as the thoreauvian of Maine is a noted state naturalist, mineralogist, development critic, writer and landscape artist. He lived a devout wilderness lifestyle in the mountains of Norway, Maine, expressing in his paintings his spiritual reverence for nature and writing of the values of a simple life of sustainable living. Harvard Quarry at the summit of Noyes Mountain, named in his honor, in Greenwood, provides an excellent panoramic view and is a popular destination for rock and mineral collectors.
Much of Maine's geography was created by heavy glacial activity at the end of the last ice age. Prominent glacial features include Somes Sound and Bubble Rock. Carved by glaciers, Somes Sound is considered to be the only fjord on the eastern seaboard and reaches depths of 175 feet (53 m). The extreme depth and steep drop-off allow large ships to navigate almost the entire length of the sound. These features also have made it attractive for boat builders, such as the prestigious Hinkley Yachts. Bubble Rock is what is known as a "glacial erratic" and is a large boulder perched on the edge of Bubble Mountain in Acadia National Park. By analyzing the type of granite, geologists were able to discover that glaciers carried Bubble Rock to its present location from the town of Lucerne, Maine--30 miles away. Boothbay Harbor
Climate
Maine experiences a humid continental climate (Köppen climate classification Dfb), with warm (although generally not hot), humid summers. Winters are cold and snowy throughout the state, and are especially severe in the northern parts of Maine. Coastal areas are moderated somewhat by the Atlantic Ocean. Daytime highs are generally in the 75-80 °F (24-27 °C) range throughout the state in July, with overnight lows in the high 50s°F (around 15 °C). January temperatures range from highs near 32 °F (0 °C) on the southern coast to overnight lows below 0 °F (-18 °C) in the far north.
Maine is generally safe from hurricanes and tropical storms. By the time they reach the state, many have become extratropical and few hurricanes have made landfall in Maine. Maine has fewer days of thunderstorms than any other state east of the Rockies, with most of the state averaging less than 20 days of thunderstorms a year. Tornadoes are rare in Maine with the state averaging fewer than two per year, mostly occurring in the southern part of the state.
Demographics
As of 2008, Maine has an estimated population of 1,321,504, which is an increase of 6,520, or 0.5%, from the prior year and an increase of 46,582, or 3.7%, since the year 2000. This includes a natural increase since the last census of 6,413 people (that is 71,276 births minus 64,863 deaths) and an increase due to net migration of 41,808 people into the state. Immigration from outside the United States resulted in a net increase of 5,004 people, and migration within the country produced a net increase of 36,804 people. The population density of the state is 41.3 people per square mile. Maine Population Density Map
Maine is a very popular tourist destination, but it also experiences harsh winters, and consequently, the great temporary influx of visitors occurs during the warmer months. Many of these visitors establish an alternate secondary residence in Maine during the warm months and then depart for their primary residence in the off-season. These are the summer people of Maine lore. Official census figures normally count a person as a resident only once, at the place of the primary home. Therefore, there are some situations in which official census figures could be misleading for Maine. For example, some communities may have a much larger seasonal retail sector than their official, small population figure would imply.
The mean population center of Maine is located in Kennebec County, in or near the town of Mount Vernon. The Greater Portland metropolitan area is the most densely populated with nearly 20% of Maine's population. As explained in detail under "Geography", there are large tracts of uninhabited land in some remote parts of the interior.
Economy
The Bureau of Economic Analysis estimates that Maine's total gross state product for 2003 was US$41 billion. Its per capita personal income for 2003 was US$29,164, 29th in the nation.
Maine's agricultural outputs include poultry, eggs, dairy products, cattle, wild blueberries (the state produces 25% of all blueberries in North America, making it the largest blueberry producer in the world), apples, maple syrup and maple sugar. Aroostook County is known for its potato crops. Commercial fishing, once a mainstay of the state's economy, maintains a presence, particularly lobstering and groundfishing. Western Maine aquifers and springs are a major source of bottled water. Maine's industrial outputs consist chiefly of paper, lumber and wood products, electronic equipment, leather products, food products, textiles, and bio-technology. Naval shipbuilding and construction remain key as well, with Bath Iron Works in Bath and Portsmouth Naval Shipyard in Kittery. Naval Air Station Brunswick is also in Maine, and serves as a large support base for the U.S. Navy. However, the BRAC campaign recommended Brunswick's closing, despite a recent government-funded effort to upgrade its facilities.
Tourism and outdoor recreation play a major and increasingly important role in Maine's economy. The state is a popular destination for sport hunting (particularly deer, moose and bear), sport fishing, snowmobiling, skiing, boating, camping and hiking, among other activities. Maine's unemployment rate is 4.8%
Maine ports play a key role in national transportation. Beginning around 1880, Portland's rail link and ice-free port made it Canada's principal winter port, until the aggressive development of Halifax, Nova Scotia, in the mid-1900s. In 2001, Maine's largest city of Portland surpassed Boston as New England's busiest port (by tonnage), due to its ability to handle large tankers. Maine's Portland International Jetport was recently expanded, providing the state with increased air traffic from carriers such as JetBlue.
Maine has very few large companies that maintain headquarters in the state, and fewer than before due to consolidations and mergers, particularly in the pulp and paper industry. Some of the larger companies that do maintain headquarters in Maine include Fairchild Semiconductor in South Portland; IDEXX Laboratories, in Westbrook; Unum, in Portland; TD Banknorth, in Portland; L.L. Bean in Freeport; Cole Haan and Delorme, both located in Yarmouth. Maine is also the home of The Jackson Laboratory, the world's largest non-profit mammalian genetic research facility and the world's largest supplier of genetically purebred mice.
Maine has an income tax structure containing 4 brackets, which range from 2% to 8.5% of personal income. Maine's general sales tax rate is 5%. The state also levies charges of 7% on lodging and prepared food and 10% on short-term auto rentals. Commercial sellers of blueberries, a Maine staple, must keep records of their transactions and pay the state 1.5 cents per pound ($1.50 per 100 pounds) of the fruit sold each season. All real and tangible personal property located in the state of Maine is taxable unless specifically exempted by statute. The administration of property taxes is handled by the local assessor in incorporated cities and towns, while property taxes in the unorganized territories are handled by the State Tax Assessor.