Maryland
Business Climate Survey

Businesses Indicate Overall Positive View of State’s Business Climate

Businesses were asked to rate Maryland’s overall business climate.

  • Forty-six percent of businesses rated Maryland’s overall business climate as either pro-business or business friendly

  • Thirty-three percent rated Maryland’s overall business climate as neutral

  • Seventeen percent rated Maryland’s overall business climate as either unfriendly or anti-business
     

Businesses were asked whether labor market conditions in the state hindered the ability of businesses to meet their goals.

  • Twenty percent responded that labor market conditions helped their business either a great deal or somewhat

  • Fifty one percent responded that labor market conditions had no impact on their businesses

  • Twenty-five percent responded that labor market conditions either hurt their businesses somewhat or hurt their business a great deal
     

When analyzing the business climate regionally:

  • Forty-nine percent of firms in the Washington suburbs had a positive view of the business climate

  • Fifty-one percent of firms in the Baltimore metropolitan area had a positive view of the business climate

  • Thirty percent of firms in Baltimore City had a positive view of the business climate while 27 percent had a negative view of the business climate

  • Forty-one percent of firms in the rest of Maryland had a positive view of the business climate

 

Perception of Business Climate Remains Positive

In second quarter 2018, the percentage of firms viewing the state as business-friendly fell slightly from 47 percent in fourth quarter 2017 to 46 percent in second quarter 2018. The percentage of businesses with a negative view of the state’s business climate remained steady at 17 percent between fourth quarter 2017 and this most recent survey. Current perceptions remain improved from levels in 2011—the last time the survey was conducted.

 

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