print this page

The Baltimore metropolitan area has a diverse industry base, which has been led in the past decade by significant growth in professional and business services, education and health services, financial activities and the leisure and hospitality sectors.  This diverse employment base fuels a stable economy in the region.

  • The region added 68,800 jobs since 2000, of which more than 59,000 were in the private sector.
  • Having increased by more than 18% between 2000 and 2007, Education and Health Services led the region with the greatest change in employment. 
  • Natural Resources, Mining, and Construction increased by 17.2% between 2000 and 2007.
  • Leisure and Hospitality grew by 13% between 2000 and 2007.

 

2007 Employment: Baltimore in Context

Industry

 Employment (thousands)

Percent of State

Trade, Transportation, and Utilities

246.8

50.9%

Education and Health Services

223.1

59.7%

Professional and Business Services

191.4

48.0%

State and Local Government

182.1

51.4%

Leisure and Hospitality

117

48.1%

Natural Resources, Mining, and Construction

85.9

44.4%

Financial Activities

81.1

50.7%

Manufacturing

70.9

52.6%

Other Services

56.7

47.3%

Federal Government

40.7

32.3%

Information

23.4

48.0%

Baltimore-Towson MSA Total

1318.9

50.5%

Source: Bureau of Labor and Statistics, 2008

The Baltimore-Towson MSA accounted for 50.5% of the growth in the state in 2007.  The breakdown of  industry sectors within the MSA for 2007 are depicted in the graph below.

 

 


111 S. Calvert Street • Suite 2220 • Baltimore, MD 21202 • Phone: (410) 468-0100 • Toll-Free: (888) 298-4322 • Fax: (410) 468-3383
© 2007 All Rights Reserved
Legal/Privacy
Design: