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Report: Md. economy reliant on federal jobs, lacks private-sector growth

But they say that state's reputation for high business taxes is a myth

ODENTON — Maryland's economy has become increasingly dependent on federal jobs and has failed to grow the private sector or increase venture capital funding, according to a report by Moody's Analytics. The report, which was presented Friday afternoon to the Maryland Economic Development and Business Climate Commission, notes this reliance has allowed the state to more ...

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