Posts Tagged ‘Economic Data’
Top Trends & Insights from the 2025 Competitiveness Redbook for Maryland
Blog Top Trends & Insights from the 2025 Competitiveness Redbook for Maryland Feb 6, 2025 The 2025 Competitiveness Redbook is here The Maryland Chamber of Commerce is proud to release the 2025 Competitiveness Redbook, our in-depth, data-driven analysis of Maryland’s economic performance across more than 50 critical metrics. Now in its third year, the Redbook…
Read MoreCommentary: This Tax Reform is Not the Answer to Maryland’s Fiscal Woes
Bog Commentary: This Tax Reform is Not the Answer to Maryland’s Fiscal Woes Jan 9, 2025 The Maryland Spending Affordability Committee met last month to kick off the fiscal year 2026 budget process, which will culminate in early April. During the committee meeting, several legislators discussed the difficult choices before the governor and the General…
Read MoreCharting Maryland’s Economic Competitiveness in 2024: Business Creation
Blog Charting Maryland’s Economic Competitiveness in 2024: Business Creation Dec 23, 2024 Examining Business Creation Trends in Maryland Maryland’s small business sector faces several challenges that affect its overall economic competitiveness. Despite the critical role small businesses play in driving job creation and economic growth, recent data highlights areas where Maryland is trailing other states.…
Read MoreCharting Maryland’s Economic Competitiveness in 2024: Transportation
Blog Charting Maryland’s Economic Competitiveness in 2024: Transportation Dec 10, 2024 Examining Transportation Trends in Maryland Transportation is the backbone of a thriving economy, and while Maryland has made some progress in areas like road maintenance and public transit usage, significant challenges remain. These issues continue to impact daily commutes, business efficiency and the state’s…
Read MoreCharting Maryland’s Economic Competitiveness in 2024: Taxes
Blog Charting Maryland’s Economic Competitiveness in 2024: Taxes Nov 26, 2024 Examining Tax Trends in Maryland Maryland’s tax climate has become a significant barrier to the state’s economic competitiveness, lagging far behind neighboring states and regional rivals. Challenges to Competitiveness Unfavorable Overall Business Tax Climate: Maryland ranks 45th nationally, ahead of only five states (Massachusetts,…
Read MoreCharting Maryland’s Economic Competitiveness in 2024: Job Growth
Blog Charting Maryland’s Economic Competitiveness in 2024: Job Growth Nov 12, 2024 Examining Job Growth Trends in Maryland Recent workforce data reveal troubling trends for Maryland’s economic competitiveness. Challenges to Competitiveness 49th in Job Growth: Maryland ranks near the bottom nationally in job growth rate (0.6%) and 34th in total jobs added (16,700) over the…
Read MoreCharting Maryland’s Economic Competitiveness in 2024: Population & Migration
Blog Charting Maryland’s Economic Competitiveness in 2024: Population & Migration Oct 29, 2024 Examining Population and Migration Trends in Maryland Recent population and migration trends data show concerning trends for Maryland’s economic competitiveness. Challenges to Competitiveness Neighboring states, like Virginia and Delaware are seeing significant population growth while Maryland is seeing our population growth stagnate.…
Read MoreCommentary: Manufacturers Are Not a Rainy Day Fund for Government
Bog Commentary: Manufacturers Are Not a Rainy Day Fund for Government Oct 16, 2024 In recent years, a troubling trend has emerged where local governments across the United States are resorting to lawsuits against manufacturers and businesses, demanding financial compensation for societal and environmental issues, regardless of any wrongdoing. This practice not only undermines the…
Read MoreCharting Maryland’s Economic Competitiveness in 2024: Business Friendliness
Blog Charting Maryland’s Economic Competitiveness in 2024: Business Friendliness Oct 9, 2024 Examining Business Friendliness in Maryland Maryland’s alarming drop from 22nd to 31st in CNBC’s 2024 Top States for Business rankings, coupled with 32nd place in U.S. News’ Business Environment rankings, signals a clear and urgent threat to our state’s economic competitiveness. Challenges to…
Read MoreCommentary: Maryland Must Reverse its Competitive Decline
Bog Commentary: Maryland Must Reverse its Competitive Decline Sep 13, 2024 Maryland’s alarming slide from 22nd to 31st place in CNBC’s 2024 Top States for Business rankings is more than a statistic — it’s a glaring warning sign about our state’s economic competitiveness. This significant drop demands immediate attention and decisive action from policymakers, business leaders and…
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