What was the economic redevelopment of Baltimore?

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The most significant economic improvements during the 1980s and 1990s, however, were undoubtedly related to the economic redevelopment of Baltimore. The Charles Center development, the renewed Inner Harbor, the World Trade Center, the National Aquarium, and the new Baltimore Oriole Park at Camden Yards created a boom in retailing and hotels. These improvements brought hundreds of thousands of people to the city. The state suffered somewhat from the recession of the 1980s but has increased employment in the service sector. That gave Maryland the fifth highest state income in the country during the mid-1990s. The state ranked sixth in per capita income in 1996.

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Get more facts and information about Maryland from Gale Encyclopedia of U.S. Economic History at Encyclopedia.com.

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