Skip to Main Content

Maryland Survey of Business Activity

June 26, 2025

Business activity in Maryland worsened in June, according to the most recent survey from the Federal Reserve Bank of Richmond. The general business conditions index edged down from −25 in May to −26 in June, remaining firmly negative. Meanwhile, the forward-looking index edged down to −13. The current sales index increased from −16 to 0 in June, while the forward-looking index fell to −13.

The employment index decreased to −10, and the corresponding forward-looking index edged down to 0 in June. Meanwhile, the current and forward-looking wages indexes changed little from May to June and remained in positive territory. The current and forward-looking indexes for the availability of workers with the necessary skills decreased to −6 and 0, respectively, in June.

On average, year-over-year growth in prices paid decreased notably, while growth in prices received increased. Firms expected growth in prices to moderate somewhat over the next year.

Read Full Report
Download Current and Historical Data

Past Reports

Subscribe to Economic Data

Receive an email notification when regional surveys and reports are posted online:

Subscribe to Economic Data

By submitting this form you agree to the Bank's Terms & Conditions and Privacy Notice.

Contact Icon Contact Us