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Old 03-12-2014, 02:24 PM
 
Location: Cumberland
5,295 posts, read 8,557,232 times
Reputation: 3755

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Quote:
CUMBERLAND — An economic forecast recently released by the the United States Conference of Mayors projected growth nationally in nearly all metropolitan areas with only three local economies, all in Maryland, likely to shrink.

The annual forecast, compiled by IHS Global Insight, said that the economies of Hagerstown, Salisbury and Cumberland would decline in 2014 with Cumberland having the sharpest drop of 3.9 percent.

Salisbury is projected to decline by 3.8 percent and Hagerstown by 2.2 percent.

Although last year 97 areas had declining economies in the U.S., the forecasted decline for only three Maryland areas is a disappointment for the state and the local economies.

The economic report also had Cumberland and Salisbury, along with Rocky Mount, N.C., Muncie, Ind., and Decatur, Ill., as the five areas in the U.S. that will experience declines in employment.

Greg Larry can be contacted at glarry@times-news.com
Cumberland one of 3 U.S. economies likely to shrink » Latest news » Cumberland Times-News


Why only Maryland? Go ask your MOM....
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Old 03-12-2014, 02:30 PM
 
Location: The Triad (NC)
30,099 posts, read 66,361,690 times
Reputation: 35377
Quote:
Originally Posted by westsideboy View Post
Why only Maryland?
Huh? Where'd you get that idea?
The problem is just about everywhere.

Fewer jobs in total. Fewer good paying jobs especially.
Ever rising populations with ever rising unmet needs.
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Old 03-12-2014, 02:44 PM
 
Location: Cumberland
5,295 posts, read 8,557,232 times
Reputation: 3755
Quote:
Originally Posted by MrRational View Post
Huh? Where'd you get that idea?
The problem is just about everywhere.

Fewer jobs in total. Fewer good paying jobs especially.
Ever rising populations with ever rising unmet needs.
This is why:

Quote:
An economic forecast recently released by the the United States Conference of Mayors projected growth nationally in nearly all metropolitan areas with only three local economies, all in Maryland, likely to shrink.



I been saying for some time that the policies of MOM and our state's overall tilt to the hard left is actively harming the rural parts of the state.

Here we have a projection that every single metro area economy, regardless of size, in the entire United States is projected to grow..........except the 3 small Maryland metros in the rural parts of our state.
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Old 03-12-2014, 03:03 PM
 
Location: The Triad (NC)
30,099 posts, read 66,361,690 times
Reputation: 35377
Quote:
Originally Posted by westsideboy View Post
This is why:
FFS.

And how have those 3 areas fared during the recent bad years vs the whole country?
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Old 03-12-2014, 03:20 PM
 
Location: Cumberland
5,295 posts, read 8,557,232 times
Reputation: 3755
Quote:
Originally Posted by MrRational View Post
FFS.

And how have those 3 areas fared during the recent bad years vs the whole country?
Hagerstown was boom country during the housing bubble. Cumberland and Salisbury have been struggling for a while.

The bigger question is why is every single one other metro in the COUNTRY is projected to grow economically EXCEPT the three rural Maryland metros. Why is the worm turning, at least slightly, in all the metro regions except the ones in Maryland?

Answer: All three places have the same affliction: All are part of Maryland, but have borders with two other states. Why choose Salisbury when you can go to DE or VA? Why choose Cumberland when you can go to WV or PA? Why choose Hagerstown, when you can go to VA, WV, or PA? People aren't choosing the Maryland (and to be fair, some of adjacent counties in the metros are in other states) locations, they are going over our borders.

Like I said, I have been making this point over and over for some time, this latest projection is a more extreme example than I ever expected to find, literally, every other metro in the entire country is projected to grow.......except the 3 rural Maryland ones.

That doesn't strike you as important and evidence that something is going really wrong on a state level with how economic development is approached in our small city/rural regions?

Last edited by westsideboy; 03-12-2014 at 04:37 PM..
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Old 03-12-2014, 04:31 PM
 
31 posts, read 54,234 times
Reputation: 34
Maryland needs new leadership - all O'Malley wants to do is tax.tax.tax
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Old 03-13-2014, 11:15 AM
 
Location: Howard County, Maryland
6,843 posts, read 4,290,951 times
Reputation: 19098
The problem with Cumberland, Hagerstown, and Salisbury, vis-a-vis Maryland as a whole, is that they vote the wrong way. As far as O'Malley is concerned, there is nothing else that needs to be said. When he talks about "One Maryland," he means that everyone needs to agree ("be one") with him.
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Old 03-13-2014, 04:51 PM
 
Location: Cumberland
5,295 posts, read 8,557,232 times
Reputation: 3755
Quote:
Originally Posted by bus man View Post
The problem with Cumberland, Hagerstown, and Salisbury, vis-a-vis Maryland as a whole, is that they vote the wrong way. As far as O'Malley is concerned, there is nothing else that needs to be said. When he talks about "One Maryland," he means that everyone needs to agree ("be one") with him.
You channel my thoughts on "One Maryland." The term as originally conceived by Speaker Cas Taylor of Cumberland was a legislative program to acknowledge regional diversity in economic conditions and set up special tax breaks and incentive programs to help out the poorer regions. The plan was called "One Maryland" because the end goal was that the same economic growth enjoyed by the 'burbs, would be present throughout the state.
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