Microsoft Store
 

Maryland


 

Maryland is a state of the United States, one of the South Atlantic States (although often considered part of the Mid-Atlantic States and sometimes part of the Northeast). Its U.S. postal abbreviation is MD. Its Associated Press abbreviation is Md. Maryland was one of the thirteen colonies that revolted against British rule in the American Revolution. See: Annapolis Convention.

Economy

The Bureau of Economic Analysis estimates that Maryland's total state product in 2003 was $212 billion. Per capita personal income in 2003 was $37,446, 5th in the nation.

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Maryland's economic activity is strongly concentrated in the tertiary service sector, and this sector, in turn, is strongly influenced by location. One major service activity is transportation, centered around the Port of Baltimore and its related rail and trucking access. The port ranked 10th in the USA by tonnage in 2002 (Source: U.S. Corps of Engineers, "Waterborn Commerce Statistics"). Although the port handles a wide variety of products, the most typical imports are raw materials and bulk commodities, such as iron ore, petroleum, sugar, and fertilizers, often distributed to the relatively close manufacturing centers of the inland Midwest via good overland transportation.

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

A second service activity takes advantage of the close location of the center of government in Washington, D.C. and emphasizes technical and administrative tasks for the defense/aerospace industry and bio-research laboratories, as well as staffing of satellite government headquarters in the suburban or exurban Baltimore/Washington area. In addition to these are many educational and medical research institutions. In fact, the various components of Johns Hopkins University and its medical research facilities are now the largest single employer in the Baltimore area. Altogether, white collar technical and administrative workers comprise 25% of Maryland's labor force, one of the highest state percentages in the country. A list of government agencies located in Maryland is summarized below:

~ ~ ~ ~ ~ ~ ~ ~ ~ ~