Story | Mar 19, 2014 | 9:02 AM
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A collection of news and information related to Economy published by this site and its partners.
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By Jamie Smith Hopkins, The Baltimore SunStory | May 8, 2014 | 9:25 AM
By John Fritze, The Baltimore Sun
Story | Mar 23, 2014 | 8:43 PM
By Natalie Sherman, The Baltimore Sun
Story | Mar 31, 2014 | 10:24 AM
By Dennis C. McCornac and Anne Cullen
Story | Nov 11, 2013 | 12:17 PM
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BY BRYNA ZUMER, firstname.lastname@example.orgStory | Sep 17, 2013 | 3:25 AMHavre de Grace will be looking for a new economic development director, after the city council voted to create the position, as well as a new economic development department, on Monday. At its meeting earlier this month, the council delayed a vote on the resolution to look at it further. Councilman Fred Cullum introduced an amendment Monday to bring the office of tourism under the new director position and council members argued about whether the charter resolution should mention tourism. "I don't...
Story | Aug 24, 2013 | 6:06 PMIn 1982, Mayor William Donald Schaefer persuaded state lawmakers to try a different approach to urban revitalization. To lure companies to poorer parts of Baltimore and elsewhere in Maryland, the government would dangle a 10-year property tax discount and hiring rebates. Baltimore's first so-called Enterprise Zone was carved from a depressed section of Lower Park Heights called Park Circle, where a sausage plant and other businesses opened their doors. Thirty years later, Baltimore has greatly...
EDITORIAL FROM THE RECORDStory | Aug 28, 2013 | 1:55 PMIt's time for a bit of a reality check in Havre de Grace with regard to the resources the city government needs to be allocating to tourism, marketing and economic development. All are important aspects of ensuring the city has a vibrant economy, but it remains to be seen if the city really needs to go from having a single economic development manager to having a department of economic development. At present, the city has both a tourism and marketing manager and an economic development manager, and...
By Robert B. ReichStory | Apr 24, 2013Four years into a so-called recovery, and we're still below recession levels in every important respect except the stock market. A measly 88,000 jobs were created in March, and total employment remains some 3 million below its pre-recession level. Labor-force participation is at its lowest level since 1979. The recovery isn't just losing steam. It never had much steam to begin with. That's because so much of our debate over economic policy has been beside the point. On one side have been...
By Blair Ames, email@example.comStory | May 29, 2013 | 3:40 PMCarroll County is steadily recovering from the recession, as evidenced by recent unemployment rates and real estate data, economist Anirban Basu said Wednesday. "This county is now on the move," Basu said at an Economic Outlook breakfast presented by Carroll County Economic Development and sponsored by BB&T Bank. Basu, chairman and CEO of Sage Policy Group, an economic and policy consulting firm in Baltimore, served as the keynote speaker for the event, which was attended by elected officials and area...
By Steve Kilar, The Baltimore SunStory | Jan 5, 2013 | 9:31 AMUntil last month, M.J. "Jay" Brodie was the only person to hold the title of president of the Baltimore Development Corp. since it was organized in the mid-1990s into its current form, with a largely private-sector board of directors. What the city's nonprofit, economic development agency became during his time at the helm allowed for some of Baltimore's most admired economic progress in recent years, including the construction of Harbor East and the public offering of stock by Millennial Media Inc., the...
By Jamie Smith Hopkins, The Baltimore SunStory | Dec 19, 2012 | 2:30 PMMaryland's second-in-command on economic development matters will step into the top job in January when the current secretary leaves for the private sector, state officials announced Wednesday. Dominick Murray, who joined the Maryland Department of Business and Economic Development six years ago, will succeed Christian S. Johansson as secretary of the agency. Johansson is heading to Baltimore-based Laureate Education, a company that runs universities worldwide, after nearly four years as agency chief....
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