Identifying the Key Steps to Building Baltimore's Economy

Baltimore has ridden out the recession better than most metropolitan areas. However, in advance of a study to be released this week, Jennifer S. Vey outlines the ways in which it can better align workers' skills with economic opportunities.

In advance of a new study, "Building From Strength: Creating Opportunity in Greater Baltimore's Next Economy," to be released this week by the Brookings Institution, Vey, a fellow with the Institution's Metropolitan Policy Program, looks at the economic, educational, land use, and transportation investments that must be made to provide better employment opportunities for the area's residents, and support the city's next economy.

"As the report highlights, the Baltimore metro area has an awful lot of good things going for it, including an enviable network of colleges and universities; several world-class hospital systems; close proximity to the nation's capital; and, importantly, sophisticated firms, skilled talent and formidable research capacity."

"These assets should allow us to grow and excel in areas like manufacturing, bioscience, information technology, transportation and logistics, and the "clean" economy - all sectors that, compared to the metro economy as a whole, have a greater share of workers earning a middle-income wage or better without having completed a four-year degree."

Full Story: Building Baltimore's next economy

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