Credit rating agencies positive about issuance of MDOT revenue bonds to support BWI Marshall Airport project

BALTIMORE, MD—Fitch Ratings and Moody’s Investors Service have upgraded their ratings on Maryland Department of Transportation revenue bonds for a major project at Baltimore/Washington International (BWI) Thurgood Marshall Airport. The upgrades come just ahead of a planned bond sale intended to fund the completion of the Concourse A/B Connector and Baggage Handling System project. Fitch Ratings upgraded the bonds from […]

Gas prices dip for second straight week

BALTIMORE, MD—The national average price of gas dropped for the second straight week, falling 5.3 cents to $3.07 per gallon on Monday, according to GasBuddy. This decline is attributed to falling oil prices, seasonal decreases in demand, and the national average is now 39.8 cents lower than a year ago. “The national average price of gasoline has continued its decline […]

Maryland adds 2,700 total jobs in September, unemployment rate levels off

BALTIMORE, MD—Maryland’s employment sector gained 2,700 jobs in September, all in the private sector, according to preliminary data released Tuesday by the U.S. Bureau of Labor Statistics. This brings the state’s total job growth to 1.2 percent since the beginning of the year, outpacing the national rate of 1.1 percent. The growth was accompanied by an expansion of the state’s […]