Annapolis, MD - June 19, 2025 - A report released Wednesday by the Maryland Comptroller’s Office confirmed what thousands of Maryland workers already knew: The state’s economy is deeply tied to the federal government.
The 91-page report, which was produced in partnership with the University of Maryland, College Park’s Robert H. Smith School of Business, aimed to establish a “baseline” of how the state’s economy relies on federal jobs, retirement income, grants, direct payments and contracts by studying data from before the start of the second Trump administration. The project team analyzed data from over the past decade, but focused on the last fiscal year, to determine what the federal government “has meant and still means” to the Maryland economy.
The report described the federal government as the state’s “economic engine” and a driver of its employment growth. In the most recent annual data, the report found that Maryland drew more than $150 billion in economic value from the federal government, including $26.9 billion in income alone.
The release of the report comes a week before the inaugural meeting of the General Assembly’s Joint Federal Action Oversight Committee. The 26-member committee, co-chaired by Senate President Bill Ferguson (D-Baltimore City) and House Speaker Adrienne Jones (D-Baltimore County), was established in April by the legislature to “monitor and keep legislators informed” of changes to federal funding, policies and regulations.... Read More: Maryland Matters