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The Preakness Stakes – the second jewel in horse racing’s Triple Crown – brings to Maryland not only thousands of visitors each May, but also millions in economic impact. From the dollars spent on wagering, to visitor expenditures on hotels and restaurants, to the state and local taxes generated, Preakness

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Economic Pulse
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May 2015 Economic Pulse: Insights on Maryland’s business activity  Mikra Krasniqi is an economist at the Maryland Department of Business and Economic Development. On April 30, The Federal Reserve Bank of Richmond released its monthly “Maryland Survey of Business Activity” showing solid activity and improved business conditions and expectations in

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DBEDEducationFinance & ServicesIndustry NewsInnovation & TechInnovation & TechInternationalInternationalInvestMarylandJob CreationLabor StatisticsMaryland EconomyMaryland LivingWorkforce

November 14, 2013 (Baltimore, MD) – Governor Martin O’Malley announced today that EnerTech Capital Partners and Foundation Medical Partners (FMP) have been selected to receive funds through the State’s $84 million InvestMaryland program. The venture capital firms will invest $10 and $7 million each in young, innovative Maryland companies. As

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DBEDEducationIndustry NewsJob CreationLabor StatisticsMaryland EconomyMaryland LivingWorkforce

November 13, 2013 (Baltimore, MD) – As the deadline draws near for applications for the second annual InvestMaryland Challenge, the Maryland Department of Business and Economic Development (DBED) announced today that the national business competition has already secured more than $600,000 in awards for its winners. Companies will compete in

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With a projected increase in holiday shopping and a recovering housing market, Maryland’s economic outlook has multiple positive highlights, according to Regional Economic Studies Institute Executive Director Dr. Daraius Irani. Irani presented RESI’s findings during the 2013 Economic Outlook Conference, the organization’s premier event, held at Towson University last week. Maryland

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DBEDEducationInnovation & TechInternationalJob CreationLabor StatisticsMaryland EconomyMaryland LivingWorkforce

Maryland’s economic future is bright, thanks in part to a recent resurgence in the state’s film industry and the attraction of some blockbuster television series. The 2013 Regional Economic Studies Institute’s Economic Outlook Conference, held at Towson University on Nov. 6, showcased industry developments and presented a solid case for

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DBEDEducationIndustry NewsInnovation & TechInternationalJob CreationLabor StatisticsMaryland EconomyMaryland LivingWorkforce

When it comes to finding a job, military veterans fare better in Maryland than in most states. According to the U.S. Department of Veterans Affairs, an estimated 435,000 veterans make their home in Maryland and a total of 21.1 million in the United States. The veteran population in Maryland is

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A maze of often-inconsistent business rankings and statistics can make it difficult to gain a clear picture of Maryland’s business climate. To cut through the fog, longtime commentator Dan Rodricks of Midday on WYPR turned to Maryland Department of Business and Economic Development Secretary Dominick Murray and president and CEO

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Military construction projects in Maryland have amounted to over $1.5 billion in spending over the past three fiscal years—but not all of those projects were awarded to in-state companies. In fact, in fiscal year 2013, only 34 percent of the contracts went to Maryland-based companies, officials said on Tuesday, during the

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DBEDEducationIndustry NewsInnovation & TechInternationalJob CreationLabor StatisticsMaryland EconomyMaryland LivingWorkforce

Now is the time for Maryland companies to consider doing business in Africa. Just ask Jessica Reynolds, an international investment and trade specialist with the Maryland Department of the Business and Economic Development, who is now working with several state agencies, county governments and companies to foster increased exports to

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