Overview

Welcome to Baltimore! The City is regarded as the historic, commercial, educational, and cultural center of Maryland and is located along the Interstate 95 corridor, between Washington, D.C. and Philadelphia. It is the most populous city in Maryland and the 30th most populous city in the United States.

Economic Indicator Report Q2

About the Dashboard

This dashboard is maintained by the City of Baltimore's Bureau of the Budget and Management Research. Our office compiles economic data relating to key indicators that provide insights for businesses, policymakers, and residents alike. The narrative content and data have been updated to reflect context as of the end of the second quarter of Fiscal 2026 (October through December of 2025).

This report focuses on key indicators, including topics such as:

  • Labor Market: tracking unemployment rates, labor force participation, and weekly wage trends in Baltimore City.
  • Real Estate Market: insights into residential sales (by volume and prices) and an overview of commercial vacancy rates (by type of space).
  • Demand Based Indicators: analyzing economic activity by tracking hotel room demand, prices, and occupancy rates. Sales tax receipt reports from the State of Maryland have been used in the past but are unavailable currently. This information will be utilized once the reports are generated again.
  • Interest Rates: analyzing factors that influence borrowing and investment within the wider economy.
  • Gross Domestic Product (GDP): an overview of the City's economic output in relation to the wider Baltimore Metro Area and State.

Archive of Past Economic Indicator Reports

Fiscal Year 2026

Baltimore's Economic Indicator Report Q1 FY 2026