Business Climate Survey

2018 2nd Quarter Survey

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Economic Growth
In second quarter 2018, fewer Maryland firms reported growth in both sales and employment compared with the previous year.

Market Expectations
A majority of firms surveyed expect the market for their products and services to expand in 2019.

Worker Shortages
56% of business surveyed reported difficulties in obtaining skilled workers.

Impact of State and Local Taxes
59% of businesses reported that taxes had some negative impact on their operations.

Businesses Indicate Overall Positive View of State's Business Climate
46% of firms rate Maryland's business climate as either pro-business or business-friendly.

Maryland's Transportation Infrastructure Impact on Business
26% of businesses ranked transportation infrastructure as an asset.

Maryland Business Climate Survey Methodology