Business Climate Survey

2019 Q1 Survey

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Business Performance Dips in the Start of the Year
After three-quarters of firms reported improved performance, Maryland’s economic growth appears to have slowed somewhat in the first quarter of 2019.

Diminished Optimism at Start of Year
Fewer firms are optimistic for market growth than in the fourth quarter of 2018.

Worker Shortages
Throughout 2018, more than half of responding Maryland businesses surveyed reported experiencing difficulties in finding workers with the skills necessary to fill specific job requirements.

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 Business Climate Survey Methodology


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