Maryland
Business Climate Survey

Businesses Report Slower Economic Growth

In second quarter 2018, fewer Maryland firms reported growth in both sales and employment compared with the previous year.

  • Forty-one percent of firms reported an increase in sales compared with the previous year, while 13 percent reported a decrease. In fourth quarter 2017, 54 percent reported an increase in sales and 14 percent reported a decrease compared with the previous year.

  • Twenty-nine percent of firms reported growth in employment and 13 percent of firms reported decreases in employment when compared with the previous year. In fourth quarter 2017, 39 percent of firms reported a growth in employment and 10 percent reported a decrease compared with the previous year.

 

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