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page 26
Maryland
Maryland borders Washington, D.C., the nation’s capital.
Among the 50 states, Maryland ranks 42nd in size and
19th in population. Its median household income is
the highest among the states. More than 90 percent of
Maryland’s six million residents live in the Washington-
Baltimore-Arlington Combined Statistical Area.
The state’s diversified economy is rooted in high technology
and biosciences, as well as revitalized manufacturing and
international trade. Transportation resources include the Port
of Baltimore and the Baltimore/Washington International
Thurgood Marshall Airport. Professional and technical workers
constitute 28.3 percent of the state’s work force–the highest
concentration among states. Maryland ranks third among the
states in educational attainment–38.2 percent of Maryland’s
population age 25 and older hold a bachelor’s degree or higher.
Maryland’s 166,000 businesses employ more than 2.1 million
workers with an annual payroll of $115 billion; 3,270 businesses
have 100 or more workers. Major employers include BAE
Systems, CSC, First Data, General Motors, Hughes Network
Systems, IBM, Johns Hopkins, Lockheed Martin, Marriott,
McCormick, Northrop Grumman, Southwest Airlines, and
Verizon. Significant technology companies include ATK,
Battelle, BD Diagnostics, Firaxis, General Dynamics, GP
Strategies, GSK, ITT, Leidos, Life Technologies, MedImmune,
Raytheon, SafeNet, Textron Systems, and Thales.
Maryland has four Foreign-Trade Zones
and 30 State Enterprise Zones.
1
Employer
Product/
Service
Employment
Fort George G. Meade
Military installation 53,730
Univ. System of Maryland Higher Education 38,490
Johns Hopkins University
Higher Education 30,910
Johns Hopkins Hospital
and Health System
Hospitals; health
services
28,150
Univ. of Md. Medical
System
Hospitals; health
services
26,450
Aberdeen Proving Ground Military installation 22,800
National Inst. of Health
Federal agency
17,660
Joint Base Andrews Naval
Air Facility Washington
Military installation 17,500
Walmart
Consumer goods
15,500
U.S. Social Security Admin.
Federal agency
14,350
U.S. Food and Drug Admin.
Federal agency
14,260
MedStar Health
Hospitals; health
services
13,570
Giant Food
Groceries
12,070
Naval Support Activity
Bethesda
Military installation 11,690
Naval Air Station Pax. River
Military installation 11,430
Northrop Grumman
Electronic systems
10,400
Marriott International
Food and lodging
services
9,240
LifeBridge Health
Hospitals; health
services
9,140
Verizon Maryland
Communications
services
8,280
Lockheed Martin
Tech and engr.
services
7,670
Genesis Healthcare
Nursing care
7,580
Target
Consumer goods
7,540
Safeway
Groceries
7,230
Home Depot
Home improve.
products
7,020
United Parcel Service (UPS)
Mail and package
delivery
7,000
Major Employers (2015)
Source:
http://commerce.maryland.gov/Documents/ResearchDocument/BriefEconomicFactsMaryland.pdfSource:
1.
http://commerce.maryland.gov/Documents/ResearchDocument/BriefEconomicFactsMaryland.pdf