Economy Archives - Page 21 of 39

Maryland unemployment rate increases to 4.5 percent in October

Posted on November 18, 2022 by Chris Montcalmo

BALTIMORE, MD—The U.S. Department of Labor’s Bureau of Labor Statistics on Friday released Maryland state jobs and unemployment data. According to the preliminary survey data, Maryland’s total jobs decreased by 10,500 and the unemployment rate increased to 4.5% in October. Sectors that experienced jobs growth include: Financial Activities (1,600); Leisure and Hospitality (800); and Manufacturing (600). Sectors that experienced declines […]

Gas prices ease as demand falls

Posted on November 14, 2022 by Chris Montcalmo

NOTTINGHAM, MD—After just a week, average gas prices have returned to their decline, with the national average falling 2.6 cents from a week ago to $3.76 per gallon on Monday according to GasBuddy data compiled from more than 11 million individual price reports covering over 150,000 gas stations across the country. The national average is down 14.3 cents from a […]

Gas price decline halts as Great Lakes prices soar

Posted on November 7, 2022 by Chris Montcalmo

NOTTINGHAM, MD—For the first time in the last month, the nation’s average gas price has increased, rising 6.2 cents from a week ago to $3.78 per gallon on Monday according to GasBuddy data compiled from more than 11 million individual price reports covering over 150,000 gas stations across the country. The national average is down 11.5 cents from a month […]

Maryland tourism continues strong recovery, reports increases in visitors and spending

Posted on November 7, 2022 by Chris Montcalmo

ANNAPOLIS, MD—Governor Larry Hogan has announced that, according to an economic impact report released by the Maryland Department of Commerce, the state’s tourism industry is continuing a strong recovery, recapturing nearly 90% of pre-pandemic visitor spending. In addition, the state reported increases over pre-pandemic levels in the key sectors of lodging and restaurants. The state continues to experience a strong […]

Gas prices fall again while Northeast jumps

Posted on October 31, 2022 by Chris Montcalmo

NOTTINGHAM, MD—For the third straight week, the nation’s average gas price has declined, falling 4.7 cents from a week ago to $3.72 per gallon on Monday according to GasBuddy data compiled from more than 11 million individual price reports covering over 150,000 gas stations across the country. The national average is down 3.0 cents from a month ago and 34.4 […]

Gas prices fall again as West Coast, Great Lakes lead decline

Posted on October 24, 2022 by Chris Montcalmo

NOTTINGHAM, MD—For the second straight week, the nation’s average gas price has declined, falling 9.3 cents from a week ago to $3.77 per gallon on Monday according to GasBuddy data compiled from more than 11 million individual price reports covering over 150,000 gas stations across the country. The national average is up 10.2 cents from a month ago and 41.2 […]

Maryland gained 5,300 jobs in September, unemployment rate decreased to 4.0 percent

Posted on October 21, 2022 by Chris Montcalmo

BALTIMORE, MD—The U.S. Department of Labor’s Bureau of Labor Statistics on Friday released state jobs and unemployment data. According to the preliminary survey data, Maryland gained 5,300 jobs, and the unemployment rate decreased to 4.0% in September. Since the beginning of 2022, Maryland has gained a total of 59,300 jobs. Compared with September 2021, Maryland jobs are up by 88,500, […]

Gas prices reverse, led by notable declines in West, Great Lakes

Posted on October 17, 2022 by Chris Montcalmo

NOTTINGHAM, MD—For the first time in four weeks, the nation’s average gas price has declined, falling 5.4 cents from a week ago to $3.86 per gallon on Monday according to GasBuddy data compiled from more than 11 million individual price reports covering over 150,000 gas stations across the country. The national average is up 20.6 cents from a month ago […]

Tag: Economy