MEDA has adopted an effort to promote economic development as a valuable investment for Maryland, its counties, and its municipalities.
Public Policy Awareness
MissionThe primary mission of the committee will be to make MEDA members aware of public policy issues related to jobs and investment at the state and local levels. The committee will also work with elected and appointed officials to increase their understanding of economic development and the impact of public policy on creating and retaining jobs in Maryland. Finally, the Committee will assist MEDA members with training to become more effective in engaging with elected and appointed officials. |
MEDA and The MEDA Foundation, Inc. do not take a position on any bills and do not lobby.
MEDA Announces $8.81 Return On Investment From Every Dollar Invested in Economic Development in Maryland
The Maryland Economic Development Association (MEDA) announced the release of updated impact data from its annual study of county economic development offices in Maryland. According to the findings, every dollar invested in county economic development operations over the past three fiscal years has generated an estimated average of $8.81 in state and local tax revenue.
The study, conducted in collaboration with the Business Economic and Community Outreach Network (BEACON) at Salisbury University and MEDA’s Public Policy Committee, used IMPLAN, a regional economic analysis software, to model the data. This year’s report draws on information from participating county offices for 2022, 2023, and 2024, focusing on jobs created or retained and the funding each county invested in economic development operations. Conducted annually, the study for the 2025 fiscal year will gather data in the fall of 2025.
A special thank you goes to Eastport Partners and SG Insights for their help with this project.
Please click here to download the MEDA Public Policy Awareness Report
In the News
- Maryland Association of Counties, Conduit Street: MEDA Reports $8.81 Return for Every $1 Invested in County Economic Development
- Business Monthly: MEDA: $8.81 return on every $1 invested in economic development
- Technical.ly Newsletter: Baltimore weekly roundup
- WMDT: Maryland’s Economic Development Association releases awareness survey