Maryland’s economic woes predate pandemic, report finds

Maryland’s economic woes predate the pandemic and “serve as flashing yellow lights for the state’s fiscal health,” according to a first-of-its-kind economic analysis released Wednesday by Comptroller Brooke E. Lierman’s office. The report, written by state economists and policy researchers, delves into the seeming contradiction in Maryland’s economic indicators: The state has the nation’s lowest unemployment rate and highest median income, but it has barely grown since 2016 as the nation’s economy experienced a double-digit expansion.