Wednesday, September 27, 2023 |

Leaders in Md. keeping close eye out for signs of recession

August 22, 2022

State and local leaders are keeping a watchful eye on economic indicators that could hint at a looming recession. Mixed economic signals including high inflation and job growth linger as the state, nation and the world try to right themselves during a pandemic. Maryland’s treasurer said some caution might be warranted. “I don’t want us to get to comfortable that we’re ok because we still don’t know where it’s going to go and we have to continue to be vigilant on how we spend the money,” said Treasurer Dereck Davis. “What we don’t want to do is unnecessarily raise taxes or cut programs.”


Article Source: The Daily Record

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