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Baltimore : Industrial Snapshot - Q4 2013

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Amidst a slow recovery, economic fundamentals in Maryland continued to improve as the unemployment rate, at 6.4%, beat out the national unemployment rate of 7.0% by 0.6 percentage points (pp), according to the Bureau of Labor Statistics (BLS), November data.

Industries aiding the industrial sector added nearly 4,900 jobs from November 2012 to November 2013 while GDP growth boosted consumer confidence and ignited commercial real estate market fundamentals in Baltimore.

Source : Cushman & Wakefield