Archives For Maryland Economy

Small businesses are playing a vital role in the growing cybersecurity industry.

Maryland cybersecurity companies welcomed President Barack Obama’s emphasis on bolstering cyber defense during his State of the Union address.

Catch up on the latest Maryland business news.

Maryland’s economic climate:

MVFEconomic growth is expected to accelerate this year in Maryland and across the United States, according to Mark Zandi, Chief Economist for Moody’s Analytics. Zandi addressed the State’s Senate Budget and Tax Committee in Annapolis this week.

Zandi offered an overall optimistic view of the economy, both at the national and state levels. He agreed with the notion that the national economy finally picked up pace in 2014, with accelerating and consistent growth and rapid employment expansion not seen since the late 1990s. He remarked that this growth is expected to continue and even increase to about 3.5 percent annually during 2015. According to him, this sustaining economic expansion should return the nation back to full employment by 2016.

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Maryland Governor Larry Hogan kicked off his administration with a strong message of economic development.

“Starting today let me say loudly and clearly: Maryland is open for business,” Governor Hogan said during his inaugural address Wednesday in Annapolis.

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admin-ajaxCatch up on the latest Maryland business news.


Maryland tourists and travelers spent $15.4 billion on travel expenses in 2013.

Catch up on the latest Maryland business news.

Maryland business successes:

Digital Harbor Foundation's 2014 ShowcaseThe Digital Harbor Foundation (DHF) is training the next generation of technology professionals one student at a time.

It began in January 2013, when DHF took an about-to-be-closed South Baltimore recreation center and put an innovative twist on it. What they created was a tech center—a maker space for Baltimore youth to explore their interests and talents in technology, while receiving the guidance necessary for STEM (Science, Technology, Engineering, and Math) growth.

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Entrepreneurial BreakfastAs we approach 2015, look back on some of MDBIZ News’ biggest stories of the year, illustrating Maryland’s growing economy and innovative workforce.

Share your predictions for the new year with the Maryland Department of Business and Economic Development (DBED) on Facebook and Twitter @MDBIZ

Companies growing in Maryland 

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As part of our #BuyLocalMD series this holiday season, MDBIZ News hopes to inspire you to explore the small businesses in your own community.

There are those dependable holiday foods, the same you’ve been serving year after year, but why not kick it up a notch this season?

If you’re looking to add some gourmet flare to your table (and your gift list), a number of local small businesses specialize in unique sweets and savory treats.

Meet some of the food producers introducing new flavors to Maryland families this year.

  • buy local piesDangerously Delicious Pies
  • Baltimore City
  • Each pie is handmade from scratch with fresh ingredients and no additives or preservatives. The shop is a community center, offering live music and other local products, including Baltimore’s Zeke’s Coffee.
  •  “We buy from local farms to ensure that we have the freshest ingredients, and we use local vendors for everything else. We sink everything we make back into the business and expanding our shop,” said John Wortman, owner of Dangerously Delicious Pies. “The unique thing about us is that everything is made with love. They’re all handmade pies. This is not some cookie cutter pie shop. Our best-selling pie is our Baltimore Bomb. We crunch up Berger Cookies and put them in vanilla custard. We’re supporting another local business by working with Berger. People are going crazy for pies this year. Orders haven’t slowed down since the beginning of November.” Continue Reading…

Emily_DominickDecember 2014

Business Pulse: Insights on DBED’s statewide impact

Secretary Dominick Murray serves at the Maryland Department of Business and Economic Development.

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Emily_MikraDecember 2014

Economic Pulse: Insights on Maryland’s economy 

Mikra Krasniqi is an economist at the Maryland Department of Business and Economic Development.

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Emily_EmikoDecember 2014

Financing Pulse: Insights on Maryland Enterprise Zones

Emiko Kawagoshi is Senior Tax Specialist at the Maryland Department of Business and Economic Development.

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Emily_JessicaDecember 2014

International Pulse: Insights on trade in Maryland

Jessica Reynolds is Regional Manager for India and Africa at the Maryland Department of Business and Economic Development.

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