Md. revenue projections unchanged since March, but recession risk persists

Maryland’s economic outlook remained relatively unchanged over the last six months, but the state remains at an elevated risk of a recession, according to revenue projections released Thursday. Comptroller Brooke Lierman, though, said during a Board of Revenue Estimates meeting that Maryland’s economy remains stable and that she’s “cautiously optimistic” the state will continue to see modest economic growth and avoid a recession.