Maryland economy did worse last year than thought
Maryland's economy did substantially worse last year than previously thought, updated figures from the Labor Department show. Previous reports had shown the state adding jobs more or less through November, with a downturn in December. New data, based on a better tally of companies' payrolls, show that Maryland's economy turned downward starting last spring.
This often happens to job counters when recessions hit. Built into their models are "assumed" jobs created by new companies that aren't yet in the data system. But there aren't as many new companies during downturns, causing statisticians to overestimate job growth. See Labor Deptartment tables below with the new figures. See Lorraine Mirabella's story on the same information.
YEAR OVER YEAR CHANGE, THOUSANDS OF MARYLAND JOBS:
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annual |
| 1999 | 51.7 | 61.3 | 57.6 | 73 | 68.5 | 63.5 | 74.2 | 62.6 | 61.1 | 71 | 74.5 | 73.5 | 66 |
| 2000 | 67.8 | 53.4 | 72.8 | 67.1 | 64.5 | 69.9 | 58.6 | 64.9 | 72.3 | 56.4 | 54.8 | 56.6 | 63.3 |
| 2001 | 45.5 | 51.5 | 31.9 | 22.8 | 26 | 20.6 | 8.8 | 12.7 | -6.1 | -1.9 | -2.7 | -9.1 | 16.6 |
| 2002 | 6.1 | 7.3 | 11.3 | 10.1 | 11.7 | 7 | 9.9 | 8.7 | 15.9 | 8.1 | 6.4 | 0.9 | 8.6 |
| 2003 | 8.2 | -9.7 | -9.5 | 4.6 | 5.4 | 6 | 7.6 | 5.2 | 12.9 | 15.8 | 13.7 | 18.2 | 6.6 |
| 2004 | 19.4 | 24.6 | 32.4 | 24.4 | 25.7 | 27.6 | 34.2 | 36.7 | 28.1 | 37.9 | 38.1 | 40.8 | 31 |
| 2005 | 33.3 | 42.6 | 28.7 | 42.4 | 40.1 | 34.1 | 39.1 | 38.8 | 48.8 | 33.7 | 38 | 36.5 | 37.8 |
| 2006 | 41.7 | 41.8 | 54.4 | 39.4 | 36.7 | 38.3 | 26.4 | 25.4 | 19.8 | 27 | 24.5 | 29.1 | 33.7 |
| 2007 | 27.8 | 17.5 | 18.9 | 15.8 | 20.9 | 18 | 23.5 | 23.8 | 18 | 16 | 15.6 | 11.3 | 18.9 |
| 2008 | 8.6 | 16 | 1.8 | 10.1 | 3.1 | -7.9 | -8.8 | -12.9 | -20.8 | -18 | -39.2 | -50.9 | -9.9 |
| 2009 | -40.2 |
MONTH TO MONTH CHANGE, THOUSANDS OF MARYLAND JOBS, SEASONALLY ADJUSTED:
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 1999 | 0.2 | 13.5 | 0.1 | 11.4 | 3.3 | 3.2 | 15.4 | -5.4 | 4.5 | 14.9 | 6.2 | 5.4 |
| 2000 | -3.6 | -1.2 | 18.9 | 5.4 | 0 | 8.5 | 5.4 | 0 | 12.5 | -1.3 | 3.7 | 7.5 |
| 2001 | -13.2 | 4.5 | -1.4 | -3.9 | 3.5 | 4 | -5.5 | 2.6 | -6.2 | 2.9 | 2.6 | 2.4 |
| 2002 | 0.6 | 5.9 | 2 | -4.9 | 4.2 | 0 | -2.2 | 0.7 | 0.8 | -3.7 | 1.3 | -2.7 |
| 2003 | 6.2 | -10.4 | 1.1 | 9.2 | 4.1 | 1.3 | -0.7 | -1.1 | 8.4 | -1.5 | 0.5 | 1.6 |
| 2004 | 7 | -4.5 | 8.2 | 0.4 | 4.8 | 3.8 | 6.3 | 1.9 | -0.6 | 9.1 | 0.4 | 4.1 |
| 2005 | -0.4 | 5.3 | -7.1 | 14.1 | 2.5 | -0.7 | 10.3 | 2.3 | 9.3 | -5.8 | 4.7 | 1.3 |
| 2006 | 5.3 | 5.5 | 5.3 | -1.3 | 0.1 | 1.9 | -2.1 | 1.5 | 4 | 1.5 | 1.8 | 4.8 |
| 2007 | 4.5 | -4.8 | 6.1 | -3.8 | 5.2 | 0.4 | 2.4 | 1.8 | -1 | -0.8 | 1 | 0.1 |
| 2008 | 1.5 | 2.6 | -8.3 | 4.7 | -1.6 | -9.6 | 0.8 | -2 | -8.3 | -3.9 | -15.2 | -4.2 |
| 2009 | 6.0(p) |
