2019 Market Report for Baltimore, MD Industrial Market

Overview:

THE BALTIMORE market has historically been flat in terms of population and labor growth, both of which have grown less than 1% over the last ten years. The unemployment rate in Baltimore is 4.0%, placing it slightly above the national average of 3.7%. The largest employment sectors in Baltimore are the education and health sectors, which employ nearly 20% of workers. Security and military tech companies are also growing in the Baltimore market due to the proximity to the Washington DC market.

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