#43 Maryland


#45 in Taxation and Regulation

#45 in Workforce Quality

#41 in Living Environment

Right to Work?

Regional Profile – Northeast

STATE
OVERALL REGIONAL RANK
TAXATION & REGULATION REGIONAL RANK
WORKFORCE QUALITY REGIONAL RANK
LIVING ENVIRONMENT REGIONAL RANK
Connecticut
9
10
6
5
Delaware
11
11
3
2
Maine
3
5
5
9
Maryland
7
8
11
8
Massachusetts
8
9
1
6
New Hampshire
2
2
2
1
New Jersey
10
6
9
11
New York
11
11
8
10
Pennsylvania
4
3
4
4
Rhode Island
6
7
7
7
Vermont
5
4
10
3

Key Industries

Aerospace, Biotech, Construction, Education, Energy, Environmental Tech, Finance & Insurance, Healthcare, Hospitality & Tourism, I.T., Logistics, Manufacturing,Retail

Key Companies

Altria

CapitalOne

Constellation Energy

General Dynamics

Lockheed Martin

Marriott

T. Rowe Price

Advantages

The life sciences industry is the backbone of the state’s economy, and the governor is planning to do more to attract companies in that sector.

Light City Baltimore has been such a boon for the area’s tourism that the government plans to make it a permanent annual event.

Challenges

Due to a new law, Maryland companies now have to pay disabled workers by the hour rather than by their productivity level.

Key Contacts

Dept. of Business and Economic Development

R. Michael. Gill, Secretary
410-767-6301
World Trade Center
401 East Pratt Street
Baltimore, MD 21202 

Mike.Gill@maryland.gov
http://commerce.maryland.gov/

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