1. Daraius Irani, Ph.D. Regional Economic Studies Institute of Towson University March 24, 2016

2. © Towson University, Division of Innovation and Applied ResearchSource: Bureau of Economic Analysis (BEA)

3. © Towson University, Division of Innovation and Applied ResearchSource: BEA

5. © Towson University, Division of Innovation and Applied ResearchSources: BEA, Federal Reserve Economic Data (FRED) 2015Q4: $1.13 trillion; 2 percent

6. Source: BEA© Towson University, Division of Innovation and Applied Research

7. Source: McGraw Hill Financial Feb. 2012: 134.02 July 2006: 184.62 Current (Dec. 2015) Level

8. © Towson University, Division of Innovation and Applied ResearchSource: MD Realtor

9. © Towson University, Division of Innovation and Applied ResearchSource: MD Realtor

10. © Towson University, Division of Innovation and Applied Research Source: Zillow

11. Source: AAA, Energy Information Administration, RESI© Towson University, Division of Innovation and Applied Research Maximum gas prices (June 2008): $4.05/gal Current gas prices (Mar. 2016): $1.96/gal Current crude oil price: $37.20/barrel

12. © Towson University, Division of Innovation and Applied ResearchSource: Bureau of Labor Statistics (BLS)

13. © Towson University, Division of Innovation and Applied ResearchSource: BLS

14. © Towson University, Division of Innovation and Applied ResearchSources: BLS, National Employment Law Project (NELP), RESI

15. © Towson University, Division of Innovation and Applied ResearchSources: BLS, NELP, RESI

16. © Towson University, Division of Innovation and Applied ResearchSource: BLS

17. © Towson University, Division of Innovation and Applied ResearchSources: Maryland Department of Labor, Licensing, and Regulation

19. © Towson University, Division of Innovation and Applied ResearchSource: BEA

20. © Towson University, Division of Innovation and Applied ResearchSource: Federal Reserve

21. © Towson University, Division of Innovation and Applied ResearchSource: FRED, The Wall Street Journal

22. © Towson University, Division of Innovation and Applied ResearchSources: BEA, BLS, RESI

23. © Towson University, Division of Innovation and Applied ResearchSource: FRED

24. © Towson University, Division of Innovation and Applied ResearchSource: FRED, U.S. Census Bureau

26. © Towson University, Division of Innovation and Applied ResearchSource: BEA

27. © Towson University, Division of Innovation and Applied ResearchSource: BEA, U.S. Census Bureau, RESI 31.9% federal

28. © Towson University, Division of Innovation and Applied ResearchSource: FRED

29. © Towson University, Division of Innovation and Applied ResearchSource: FRED

30. © Towson University, Division of Innovation and Applied Research Source: BLS, Moody’s, RESI Percent share of federal employment in the state/district

31. © Towson University, Division of Innovation and Applied ResearchSources: MD DBM, BLS, RESI

32. Source: FRED© Towson University, Division of Innovation and Applied Research 2008Q3: 12.4%

33. Impact of Military Installations in Maryland FY2012 © Towson University, Division of Innovation and Applied ResearchSource: MD Department of Commerce, RESI Military installations accounted for 17% of Maryland’s total output.

35. © Towson University, Division of Innovation and Applied ResearchSource: BEA

36. U.S. Real Exports of Goods and Services by Type of Product 2015Q4, Billions of 2009 Chained Dollars 2015Q4 Goods Capital goods, except automotive$514.9 Industrial supplies and materials$393.6 Consumer goods, except food and automotive$199.1 Automotive vehicles, engines, and parts$144.6 Foods, feeds, and beverages$113.7 Other$65.9 Services Other business services$293.8 Travel (for all purposes including education)$162.0 Charges for the use of intellectual property$118.1 Transport$75.0 Government goods and services$16.3 Other$11.9 © Towson University, Division of Innovation and Applied ResearchSource: BEA

37. U.S. Top Trading Partners, Goods Only January 2016, Billions of Dollars Country ExportsImportsNet Exports Canada$19.8$22.2-$2.4 Mexico$18.1$22.4-$4.3 China$8.2$37.1-$28.9 Japan$4.7$9.6-$4.9 United Kingdom$3.9$3.6$0.3 Germany$3.7$8.2-$4.5 South Korea$3.2$5.9-$2.7 Belgium$2.6$1.3 France$2.2$3.3-$1.1 Taiwan$2.1$3.3-$1.2 © Towson University, Division of Innovation and Applied ResearchSource: U.S. Census Bureau

38. Top Trading Partners, Maryland 2012-2014, Millions of Dollars © Towson University, Division of Innovation and Applied Research Country2012201320142015 Canada$1,791.7$1,859.0$1,884.2$1,534.9 Saudi Arabia$857.7$999.0$915.1$787.6 United Kingdom $573.9$497.6$485.9$566.9 China$559.0$562.6$731.8$486.6 Mexico$344.5$493.8$461.9$442.4 Source: U.S. Census Bureau

39. Exporting to the Global Economy Baltimore ranked 28 th out of 100 largest metro regions in terms of total export value ($12 billion) in 2014. Top export industries are Education, Healthcare, Tourism, Information Technology and Manufacturing Exports are 6.9 percent of the total share of GDP for the region. Top current export markets are Europe, Asia, and Canada. Sources: Greater Baltimore Committee© Towson University, Division of Innovation and Applied Research

40. Source: Bureau of Economic Analysis (BEA)

42. © Towson University, Division of Innovation and Applied ResearchSource: RESI

43. © Towson University, Division of Innovation and Applied ResearchSource: RESI

44. © Towson University, Division of Innovation and Applied ResearchSource: RESI

45. 2016 Economic Outlook Health Check Survey PositivesNegatives Optimistic about economic outlookNegative opinions of Maryland: -Plans to hire more employees and remaining/growing in the state -Lowering taxes is a priority -Strong company culture, especially involving all staff in decision-making -Low scores for business-friendliness -Strong economic region with: a high quality of life, education systems, entrepreneurial support, a skilled workforce, a focus on economic development, a technology hub -Low scores for recommending the state -Low scores for state being a good place to grow a business -Negative Net Promoter scores © Towson University, Division of Innovation and Applied ResearchSource: Harford Chamber of Commerce

46. © Towson University, Division of Innovation and Applied ResearchSource: RESI

48. © Towson University, Division of Innovation and Applied ResearchSource: RESI

49. © Towson University, Division of Innovation and Applied ResearchSource: RESI +38 jobs

50. © Towson University, Division of Innovation and Applied ResearchSource: RESI

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