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ChiefExecutive.net

#43 Maryland

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#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

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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/

Current Developments

Regional Report: Northeast 2016
March 18, 2016

Maryland Commissions $5.6B Light-Rail Line outside Washington
April 14, 2016

5 Great States for Biotech Companies
May 8, 2014

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© 2019 | ChiefExecutive.net | Chief Executive Group

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