According to a Wallethub article released Monday, Maryland’s economy is the 9th least affected economy in the United States following the coronavirus pandemic. Maryland received a score of 37.20 on a 100-point scale based on 13 relevant metrics. The study compared the 50 states and the District of Columbia across two key dimensions, “Highly Affected […]
Montgomery County’s Life Sciences Industry Expanding During the Pandemic
The COVID-19 pandemic has not hurt all industries. In Montgomery County, the life sciences sector, in particular, is expanding. “The pandemic has clearly taken a huge toll on not just our economy, locally, but also as you know, nationally as well. However we still continue to see pockets of growth, especially in the life sciences,” […]
Cardin Virtual Forum Will Address Small Business Relief in Wake of COVID-19
Senator Ben Cardin is holding a virtual forum on Thursday, June 18th to discuss relief for at risk small businesses. Cardin will be joined by Ashley Duckman, Vice President of Government Affairs for the Maryland Chamber of Commerce, and Jamon Phenix, Coalition Manager of the Page 30 Coalition. The conversation will be focused on supporting […]
Catholic Charities to Hold Free Food Distribution in Gaithersburg Friday
Catholic Charities of the Archdiocese of Washington is holding their next free food distribution in Gaithersburg on June 12. The giveaway will take place at around 11 a.m. outside the Lakeforest Mall at 701 Russell Ave. Those who need will receive a box of groceries with a week’s worth of food (including 2-3 protein items) […]
Council President Katz Set to Host Sixth Weekly Business Briefing Friday
Montgomery County Council President Sidney Katz will host the sixth in a series of online business briefings on the economic challenges the county faces due to the Covid-19 public health emergency. The next online briefing takes place Friday, June 12 at 12:30 p.m. and the focus is on the arts sector of the economy. Monica […]
Blog: Is This Stock Market Rally Putting Investors At Risk?
Rarely in my career have I seen such polarizing views on the direction of stocks. One view anticipates a slow recovery due to the extremely high levels of unemployment and the uncertain future of a vaccine for Covid-19. The countering view forecasts one of the most rapid financial comebacks in history, largely due to the […]
Council President Katz Set to Host Third Weekly Business Briefing Friday
Montgomery County Council President Sidney Katz will host the third in a series of online business briefings on the economic challenges the County faces due to the Covid-19 public health emergency. The next online briefing takes place Friday, May 15 at 12:30 p.m. Benjamin Wu, president and CEO of the Montgomery County Economic Development Corporation, […]
Council President Katz Set to Host Second Business Briefing Friday
Montgomery County Council President Sidney Katz is hosting a series of online business briefings about the economic challenges due to the Covid-19 public health emergency. The next online briefing takes place Friday, May 8 at 12:30 p.m. Small Business Navigator Judy Stephenson and Assistant Chief Administrative Officer for Economic Development Jerome Fletcher joined Katz for […]
Council President Katz Hosts Business and Economic Development Briefing
County Council President Sidney Katz hosted a business and economic development briefing via Zoom on Friday. The discussion focused on ongoing efforts to support local businesses during the COVID-19 health crisis. Katz says the purpose of the briefing is to help small local businesses navigate through the new economic reality. “As a former small business […]
Comptroller Franchot Gives Update on Economic Impact of COVID-19
The current health crisis is expected to leave a mark for years to come. Comptroller Peter Franchot says in addition to prioritizing the safety of Marylanders, the financial health of our economy should also be protected. New measures are in place to ensure that residents can have a sense of relief during this time of uncertainty. […]
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