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Maryland’s local economies look to rally in 2022 after spending the better part of two years absorbing punishing body blows from COVID-19.
Tagged with: Covid maryland economy
Read More »Maryland economy looks to continue post-pandemic rally in 2022
Focus on quality keeps Port of Baltimore on top of the heap
Last year, the Port of Baltimore handled the most cargo by volume it’s seen since right before a recession began — in 1979. About 38.5 million tons of cargo worth $53.9 billion passed through the public and private marine terminals ...
Tagged with: auto auto industry maryland economy Port of Baltimore
Read More »Port of Baltimore an economic engine for the region
The Helen Delich Bentley Port of Baltimore has always been a record-breaker, but since the Panama Canal expansion was completed in late June 2016, the port continues to be a major force in driving Maryland’s economy. After a nine-year, $5 ...
Tagged with: maryland economy Port of Baltimore
Read More »Howard Street tunnel key to Baltimore’s trade future
The average person may not think twice about Baltimore’s Howard Street Tunnel. The approximately 120-year old tunnel is one of the longest tunnels within the B&O Railroad system, and is currently listed on the National Register of Historic Places. Yet, ...
Tagged with: Howard Street Tunnel maryland economy Port of Baltimore
Read More »Md. sales tax collections revised down amid concerns about tepid recovery
ANNAPOLIS — A panel of fiscal experts has revised down estimates for sales tax collection in Maryland, citing concerns about a continued slow recovery in the state that is affecting consumer confidence. The state Board of Revenue Estimates today approved ...
Tagged with: maryland economy sales tax
Read More »Report: Md. economy reliant on federal jobs, lacks private-sector growth
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 ...
Tagged with: Augustine Commission maryland economy moody's
Read More »Report: State’s economy staggered by outside events
A third-quarter survey by the University of Baltimore’s Jacob France Institute has found t Maryland’s economy has been “staggered” by the gridlock in federal spending and the European debt crisis. The Maryland Business Climate Survey found that stands in marked ...
Tagged with: maryland economy Merrick School of Business richard clinch University of Baltimore
Read More »Interactive: Western Maryland at a glance
Click on the yellow hotspots on the map to hear from businesses and economic development officials in western Maryland.
Tagged with: cumberland Economy hagerstown maryland economy western maryland
Read More »U.S. stocks rise slightly after big fall
NEW YORK — U.S. stocks are rising in early trading, a day after their worst drop since 2008. The Federal Reserve meets Tuesday and traders are speculating that it may announce more help for the economy, which has stumbled this ...
Tagged with: capital economics debt dow jones dow jones industrial average Economy federal reserve maryland economy stock market Stocks Stocks u.s. stocks
Read More »Commentary: Maryland economy relies on U.S. government
The Wall Street Journal printed a devastating editorial highlighting a stark contrast between who is pulling the wagon and who is riding in it. In “We’ve Become a Nation of Takers, Not Makers,” published April 1, Stephen Moore writes that ...
Tagged with: debt Economy farming fishing Manufacturing maryland economy mining private sector u.s. government
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