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Commerce FY25 Economic Impact Scorecard

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1FY25 Economic Impact figures include direct, indirect, and induced jobs supported by Commerce programs.

21600 Bureau of Engraving & Printing project jobs removed.

37500 FBI project jobs removed.

4Sales and Use Tax

5FY2023 includes $40M one-time state Arts Relief funding.

SCORECARD

The Maryland Department of Commerce advances Maryland as a global hub for innovation, investment and business growth. Through business attraction, financing, incentives and workforce development, Commerce supports companies statewide.

FY2025 ECONOMIC IMPACT

24,000 Jobs Supported

Direct, supply chain, and induced jobs

13,000 Direct Jobs

Created & Retained across Commerce incentive programs

$434M Private Investment

Levereaged directly across 830+ Commerce incentive programs

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Commerce FY25 Economic Impact Scorecard by State of Maryland - Issuu