The top trade markets for Maryland goods and services are Canada ($1.9 billion), Saudi Arabia ($915 million) and China ($714 million), with transportation equipment, chemicals and electronic products leading the surge.
In terms of its contribution to GDP, the advanced manufacturing sector punches well above its weight, producing $2.7 trillion in value-added economic activity.
There hasn’t been a lot of good economic news coming from Europe these days, but the continent is getting a much-needed boost from its growing biotech/pharma labs.
Gov. Larry Hogan puts economic development at the top of his agenda.
Locations across the nation are rapidly applying the best practices needed to meet the requirements of new and expanding 21st century businesses. This makes it much tougher for us to pick the best of the best, so we’ve expanded our showcase to make room for an ever-increasing number of economic development leaders.
Bechtel Corporation to invest $10 million in relocation and expansion as a result of global restructuring; the company will create 700 new jobs in Fairfax County.
Additive manufacturing is the hottest new growth sector, promising to revolutionize how just about anything you can imagine gets made.
Maryland surges in the race to host big new federal facilities.
Coalition will create a blueprint for improving cities’ resiliency and efficiency; Newark, DE is the first of two pilot projects.
In this year’s Metro Rankings Report, we’ve taken note of the crucial role exports are playing in the Recovery for many locations by charting their success in two of our rankings categories, Exports Growth Leaders and Exports Recovery Leaders. We’ve also included our Global Rankings within this story.