Anirban Basu, Chairman & CEO of Sage Policy Group, Inc.
Job creation has picked up in Maryland. After stumbling for much of the previous summer, recent months have been very positive from a job growth perspective. The working hypothesis is that this represents economic multiplier effects related to base realignment activities at Fort George G. Meade in Anne Arundel County and at Aberdeen Proving Ground in Harford County.
Between February 2011 and February 2012, emplo... [More]
Anirban Basu Chairman & CEO of Sage Policy Group, Inc
Maryland Gained Momentum Late Last Year
For much of last year, Maryland’s economic performance was among the worst in the nation. For instance, year-over-year job growth in the state was in negative territory or close to zero for most of the summer. But like the balance of the nation, economic performance began to materially improve toward the tail end of the year. For the 12 months ending in November 2011, employment in the Free S... [More]
This was supposed to be a decent year for job growth in Maryland. With the nation’s economy now in recovery and adding jobs, positive base realignment effects, cyber-security, healthcare, higher education, the Port of Baltimore, BWI, retail and other industry drivers, expectations were probably higher coming into the year than at any point since 2007.
But the state’s job engine has generally sputtered. According to the most recent data available from the Bureau of Labor S... [More]