A New Vision
For Baltimore's
Economy

GET INVOLVED

Baltimore Together is a public-private initiative to implement a shared vision of inclusive economic growth, with specific goals, actions, and accountability measures over a 5-year period. This initiative will serve as the Comprehensive Economic Development Strategy (CEDS) for Baltimore City.

Our Vision

Baltimore will be a global model of an urban economy that is based on diversity, inclusion, and resiliency.

We will uplift historically excluded Baltimoreans, while also attracting investment, businesses, and people committed to contributing to an equitable economy.

We will build a strong and inclusive economy by facing our city’s history of racialized economic disinvestment and the negative impact systemic racism has had on our Black residents and the greater community.

We will ensure economic opportunity for people of color, especially in high growth business sectors.

We will take advantage of Baltimore’s many assets to implement intentional strategies and policies that invigorate Black-and brown-owned businesses and build generational wealth in Baltimore’s communities of color.

What Happens Next?

An interim Baltimore Together report was issued in January 2021 that includes a summary of the work to date, preliminary findings, and recommendations. Conversations and focus groups on these preliminary recommendations will continue and culminate in a final draft Baltimore Together report expected in spring 2021.

There will be a public engagement and comment period before the report is finalized in spring 2021.

Catch Up on What Has Been Done:

  1. Interim Report - audio version here opens a new tabOpens a new tab
  2. Residential Growth Strategy Opens a new tab

Data

The dashboard Baltimore Together by the Numbers opens a new tab shows an overview of Baltimore’s economic growth and challenges. Using Census data, data visualizations summarize Baltimore City’s recent economic recovery (pre-COVID); small business employment; Black-owned business stats; Baltimore City’s housing wealth gap.

Resources

Below are various links to data and resources from Baltimore Metropolitan Council (BMC), which have informed or were incorporated into the interim Baltimore Together report.

Employment Statistics in Maryland by county opens a new tab

Monthly Employment by Industry and Jurisdiction opens a new tab 
Based on the latest Q2 release of the QCEW, this gives us the first look at federal employment data for a quarter (April to June 2020) that was entirely part of the pandemic. It summarizes employment for industries at the 2-digit and 4-digit NAICS levels for the U.S., Maryland, Baltimore Region, and all counties in Maryland

Most Exposed Sectors

The most exposed sectors* are those that were/are either shut down or experienced reduced demand such as restaurants and bars, travel and transportation, entertainment, personal services, other sensitive retail, and sensitive manufacturing.

The dashboards below present economic data on the sectors that are most exposed to economic impacts from COVID-19. They compare the most exposed sectors to all other sectors in the economy for data points such as jobs, gross regional product, payrolled business locations, and median hourly wages.

For additional data, please visit the BMC Baltimore Regional Recovery Dashboard opens a new tab.

*Source: Bureau of Labor Statistics and Joseph S. Vavra, “Shutdown sectors represent a large share of all U.S. employment” Chicago, IL: Becker Friedman Institute for Economics at the University of Chicago, March 27, 2020)

How You Can Get Involved

We need your involvement to ensure this initiative is successful.  To learn more about Baltimore Together, receive updates, and let your voice be heard, please sign up by filling out the form below:

BALTIMORE TOGETHER: GET INVOLVED