President Joe Biden pledged Friday to fight for federal funding to rebuild the collapsed Francis Scott Key Bridge, promising to “move heaven and earth” during a Friday visit to the disaster site.
Economy
Study: TEDCO has generated $2.7B in economic benefits for Maryland
A new study from TEDCO that details the contributions of its six core programs reveals that the economic development organization created nearly $2.7 billion in statewide economic activity as of […]
Maryland horse industry’s economic impact grows to $2.9 billion
A state breakout report in the American Horse Council’s 2023 Economic Impact Study indicates the total economic impact of Maryland’s horse industry grew 38% between 2017 and 2022, from $2.1 […]
Economic forecast: prevailing inflation with a chance of recession
The beatings will continue until the economy improves. That’s the prediction of economist Anirban Basu, CEO of the Sage Policy Group, and the reluctant conclusion of regional economic development officials.
APL exercise prepares government, industry for bioeconomy security threats
Representatives from the federal government, academia and private industry recently convened at the Johns Hopkins Applied Physics Laboratory, in Laurel, for a tabletop exercise to assess the nation’s preparedness for […]
As interest rates rise, ‘soft landing’ is goal to avoid recession
As the Federal Reserve raised interest rates to the highest level since 2001, borrowing got more expensive. What’s that really mean for consumers and businesses — and are we in […]
Howard to announce $1.3M in rental assistance
From March 6-10, Howard County will make available an additional round of $1.3 million in funding to support residents struggling to pay rent due to loss of income and/or illness […]
Maryland Commerce garners defense grants
The Maryland Department of Commerce has received a $641,573 federal grant from the U.S. Department of Defense to relaunch the state’s Defense Commercialization Center. The infusion is also intended to […]
Port of Baltimore expands with new partnership
A new partnership between Tradepoint Atlantic and Terminal Investment Ltd. will establish an on-site, 165-acre, rail-served container terminal at Coke Point at the Port of Baltimore. This project, which launches […]
Study: Airport flight patterns influence health care costs
Flight paths at BWI Thurgood Marshall Airport have negative health effects that will, on average, cost Marylanders in excess of $40 million per year during the next 30 years, according […]