Democracy Dies in Darkness

Maryland’s economic woes predate pandemic, report finds

Comptroller’s first-of-its-kind report reveals a lack of affordable housing and child care as partly behind lackluster economic growth

January 3, 2024 at 7:30 a.m. EST
Maryland Comptroller Brooke E. Lierman arrives for the inauguration of Maryland Gov. Wes Moore at the Maryland State House on Jan. 18, 2023, in Annapolis. (Ricky Carioti/The Washington Post)
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Maryland’s economic woes predate the pandemic and “serve as flashing yellow lights for the state’s fiscal health,” according to a first-of-its-kind economic analysis released Wednesday by Comptroller Brooke E. Lierman’s office.

The report, written by state economists and policy researchers, delves into the seeming contradiction in Maryland’s economic indicators: The state has the nation’s lowest unemployment rate and highest median income, but it has barely grown since 2016 as the nation’s economy experienced a double-digit expansion.