Mayor Scott's Statement on Baltimore's Economic Growth

Crest of the City of Baltimore

Brandon M. Scott
Baltimore City
250 City Hall - Baltimore Maryland 21202
(410) 396-3835 - Fax: (410) 576-9425



In Recently Released U.S. Department of Commerce Data, Baltimore Found to Be Among The Fastest Growing Large Economies in the U.S.

BALTIMORE, MD (Saturday, December 9, 2023) – Today, Mayor Brandon M. Scott released the following statement in response to U.S. Department of Commerce data that showed Baltimore City's economy is one of the fastest growing in the state of Maryland and has the 8th fastest growing GDP in the country among counties with at least $50 billion in GDP in 2022. 

"The GDP numbers released this week are proof of Baltimore's post-pandemic renaissance. Under my administration, we have made great strides to spur economic growth by attracting new businesses and developments, while also investing in our human capital through our workforce development initiatives like YouthWorks, HireUp, and TrainUp -- as well as supporting small, minority-owned businesses through Downtown BOOST and BDC's Small Business Assistance Program.

"I firmly believe that a stronger economy means a better Baltimore and positively impacts everything from public safety outcomes to neighborhood quality-of-life. Baltimore has my word that we will continue to ensure that all communities are able to participate in our growing economy in line with my administration's commitment to equitable development."

Related Stories

Mayor Scott, Rec & Parks Unveil Upgraded Greenspace and New Park Name at Former Northwest Baltimore Academy

Mayor Scott, Baltimore City Recreation & Parks (BCRP), City and State officials, and community members, including representatives from the Baltimore Ravens and the Baltimore Terps Youth Sports program, unveiled a new name for an upgraded greenspace at a former Northwest Baltimore school and police training facility.


Mayor Scott, DHCD Announces Effort to Establish City's First-Ever "Comprehensive Housing Plan"

Mayor Brandon M. Scott announced that the City of Baltimore is working to craft the City's first-ever Comprehensive Housing Plan, an effort led by the Department of Housing and Community Development (DHCD).


City of Baltimore Highlights Statewide Expansion of Maryland's Medicaid Supportive Housing Waiver

Mayor Brandon M. Scott, representatives from State and City agencies, local nonprofits, and Baltimore hospitals gathered at Baltimore City Hall to highlight the statewide expansion of FY 2025 funding for the Assistance in Community Integration Services (ACIS) pilot.