Virginia added more than twice as many jobs as Maryland in March

The economic development broken record played the same tune yet again in the Washington, D.C. region last month. Virginia destroyed Maryland in job creation once again, adding more than twice as many jobs in March 2025, according to the U.S. Bureau of Labor Statistics. Maryland added 2,300 jobs, while Virginia added 5,900 jobs. 

March's job creation numbers show Virginia's economy remained far stronger than moribund Maryland's in a month where both states were impacted by federal job cuts. The total number of actual federal positions lost remains murky, as legal injunctions or orders to rehire workers have followed many of the "DOGE" layoffs.

"This job growth reflects businesses hiring as Virginians continue to find opportunities," Virginia Governor Glenn Youngkin said in a statement. "Virginia has jobs, and we’re committed to strengthening the business environment so that everyone can find a path to success right here in the Commonwealth."

Watkins Cabinet Co. closes after 73 years in Montgomery County, property for sale

Watkins Cabinet Company has closed at 18001 Sellman Road in Dickerson, after 73 years in business. Its 14,884-square-foot factory and warehouse facility has been put on the market for sale. This is a prime 1.43-acre property for an industrial/manufacturing use, as it is right on the CSX Metropolitan Subdivision tracks, part of a major freight and Amtrak route between Washington, D.C. and Chicago. That creates the opportunity for direct freight rail shipping across the nation, or to ports in Baltimore and Norfolk. 

I have suggested for many years that Montgomery County sit down with CSX and try to create attractive industrial sites alongside the railroad. This could be for the manufacture of anything from furniture to pharmaceuticals to drones. In exchange for the new freight business, CSX might then cooperate for the additional track that has been sought for use by MARC commuter rail on this line. According to the online sale listing, the asking price for the Watkins Cabinet property is $2,000,000. If Montgomery County is serious about getting the third track, these are the types of opportunities they should be investigating in partnership with CSX. Even without a third track, moribund Montgomery County needs the business and high-wage job growth.

Wilbur Watkins founded Watkins Cabinet Company in 1952. It remained family-owned for all 73 years. You might have a Watkins cabinet, vanity, bar, or bookcase in your home right now, if you live in the Washington, D.C. region.

Photos courtesy Brian Jamison Real Estate

Virginia beats Maryland in January job growth

Virginia hammered Maryland in job growth once again in January 2025. According to the U.S. Bureau of Labor Statistics, Virginia added 7,100 jobs in January, while Maryland only created 4,900. The BLS also revised Virginia's numbers from December upward, with the Old Dominion's jobs-added figure rising from 4,900 to 14,200. Maryland had infamously only gained a paltry 200 jobs in December.

“More Virginians are working than ever in the Commonwealth as jobs and opportunity continue to expand in Virginia,” Virginia Governor Glenn Youngkin said in a statement Tuesday. “In January, the Commonwealth added 7,100 nonfarm jobs, building on the upwardly revised job gains in December. This performance underscores the success of our pro-business policies and our ongoing focus on workforce development, which are providing Virginia companies the talent they need to grow and Virginians with the opportunities to succeed.” 

Argan moves corporate HQ from Rockville to Arlington, Virginia

Montgomery County has lost yet another corporate headquarters to Northern Virginia. Argan, Inc., announced yesterday that it has relocated its HQ from 1 Church Street in Rockville to Two Liberty Center in Arlington. The telecommunications and power industry service provider was founded in Rockville over two decades ago. Argan cited the new location's direct access to Dulles International Airport as one of the primary reasons for the move. The firm's stock price doubled, and surged 33% in two days at one point in 2024, and is up about $10 since then, to $104.05 as of this morning.

It's no surprise that Argan, like so many companies, is heading for greener pastures across the Potomac. Montgomery County and Maryland leaders have defiantly refused to construct the long-planned bridge across the river that would provide our own direct connection between the I-270 corridor and the Dulles area. Dulles is the only airport in the region that provides the frequency and variety of direct flights to global destinations demanded by international businesspeople. And let's fact it: Virginia's lower taxes, fewer regulations, and status as CNBC's "Top State for Business in America" certainly didn't hurt. 

Northern Virginia has other advantages for a firm that primarily deals with power plants and telecommunications infrastructure. Maryland leaders have forced the closure of 8 power plants since 2012 alone, and the state is now forced to import 40% of its electricity from out-of-state at higher prices to avoid rolling blackouts. 70% of internet traffic around the globe flows through data centers in Northern Virginia. And the Old Dominion has invested far more in highway, air transport, railroads, and ports than Maryland. It's no wonder Montgomery County has failed to attract a single new major corporate HQ in over 25 years.

"We are thrilled with the move to our new headquarters location in Arlington, Virginia," Argan CEO David Watson said in a statement. "We believe the location and layout will accommodate the Company’s continued growth, improve recruitment and retention of employees, and facilitate greater collaboration and a more productive overall work environment. The Washington metro area has a dynamic and robust economy with a quality workforce, and we look forward to leveraging our new location to enhance the experience of Argan’s current and future employees, partners and customers. The Company’s more than 22 years in Rockville, Maryland where Argan was founded, have been both meaningful and productive, and we look forward to continuing our success in our new home in Arlington."

Montgomery County goes green...with envy of Loudoun County

The Montgomery County Council is all-but-certain to hike property taxes on residents again in the fiscal year starting this July. They've done it every year in recent times, except for a paltry average $12 "tax cut" in the election year of 2014. By contrast, Loudoun County, Virginia across the river will be delivering a property tax cut to residents there this year. The difference? Not only more business growth and jobs created than Montgomery County over the last decade, but its new position as "data center capital of the world," The Washington Post reported earlier this week.

A shocking new statistic emerged in the Post report on the budget situations in the five biggest counties in Northern Virginia. Loudoun County's data centers generate a full 38% of that county's total revenue. Data centers are often criticized for representing very few jobs, as staffing is minimal at each. But they clearly generate bigtime revenue.

Of course, these data centers require massive amounts of electricity, something Montgomery County and Maryland lack because our elected officials ordered the closure of 8 coal-fired power plants across the state since 2012. High-wage jobs are something else MoCo lacks, as it has failed to attract any new major corporate headquarters in over 25 years. Heckuva job, Brownie! 

While I would rather see an aerospace research facility, or a major defense firm headquarters fill our underutilized and vacant office parks, imagine if there was a data center on each of the office properties among those that have been converted to luxury townhomes in recent years. Residential housing is a revenue loser for the County, as our structural budget deficit proves. Data centers are a revenue winner, as homeowners in Loudoun County will be delighted to tell you, when they receive their FY-2026 property tax cut.

BigBear.ai moves HQ from Maryland to Virginia

Oh, no, not again! Moribund Maryland has just lost yet another corporate headquarters to Virginia. BigBear.ai has moved its HQ from Columbia, Maryland to a Class A trophy office building in Tysons, Virginia, The Business Journals reports. Its new address is the Valo Park building at 7950 Jones Branch Drive. The move caps off a month of great news for the company and its investors. It not only picked up coveted new contracts from the Army and Navy, but hired a new CEO who was a high-level adviser to President Donald Trump, giving it an edge in any DOGE-sizing at the Pentagon.

Valo Park not only enjoys easy access to I-495, but its website notes it is only a 15-minute drive from Dulles International Airport. No Montgomery County or Maryland business can make that claim, as leaders of both jurisdictions for decades have blocked construction of the long-planned I-370 Potomac River crossing to the Dulles area. Montgomery County hasn't attracted a single major corporate headquarters in over 25 years, and Maryland's record is about the same. Both have lost many HQs to Virginia, among other states, and now the trend continues to play out. Tysons is the happening place to be; you can feel the energy just driving through on the Beltway, among all of the neon corporate logos that light up the night. Montgomery County is Sleepy Town, a bedroom community for the booming job centers elsewhere in the region - such as Tysons!

The loss of BigBear.ai is particularly humiliating for Maryland, as Governor Wes Moore has stated that artificial intelligence is one of the key economic sectors he wants to grow. Alas, Maryland not only has much higher taxes, but much less electricity generation capacity, after the Democrat-controlled Maryland legislature forced the closure of 8 coal-fired power plants. They apparently were unaware that artificial intelligence requires massive amounts of energy. Virginia has that capacity, while Maryland has to import expensive electricity from out-of-state at boardwalk prices just to keep the lights on. We're being governed by very stupid people, folks. Heckuva job, Brownie!

Montgomery County to lose more jobs to housing in Rockville

Another valuable Montgomery County office park property could be lost to residential housing, if the City of Rockville approves a proposal to convert it into condos and townhomes. 1455 Research Boulevard, one of many office sites located in the I-270 corridor of the County, would become 106 townhomes, 30 stacked condo townhomes, and 72 multifamily condo units, under the plan envisioned by developer Pulte. The company is building several similar developments in the City, including within the new Farmstead community, as well as in the King Farm, and Tower Oaks areas. Pulte's site plan is likely to be reviewed at a public hearing by the Rockville Planning Commission in summer or fall of 2025.

The existing office building, which was only constructed
about 30 years ago

The existing office building contains 17 office suites, 10 of which are currently leased, according to the property website. So the building is 59% leased. The property is 10.6 acres in size, meaning that it would still be ideal for a corporate headquarters, or a research, lab, and/or manufacturing facility, if the existing building were torn down for that purpose. It is directly adjacent to I-270. To state the obvious, all of the jobs currently provided by the current tenants of the building will likely be lost to the City and County in a conversion to housing. And the many more potential, high-wage jobs that could fill this office park site - and the resulting revenue - will never be realized.

Pulte's proposed redevelopment plan
for residential housing

From a County revenue standpoint, filling the current building, or replacing it with a major corporate headquarters or facility, would be more ideal than filling the site with residential housing. That's because residential housing, as we have seen this century, generates more costs in County services and infrastructure demands than it does in tax revenue. Hence the County's structural budget deficit, which extends as far into the future as the forecasts go. And do you remember "smart growth," which included placing jobs near housing, to reduce congestion and auto emissions in the I-270 corridor? Neither do the County Council and Planning Board, which don't even talk about "smart growth" anymore, having abandoned its fictional, expedient construct for the equally-fictional canards of "affordable," "attainable," "equity," "inclusionary," and "missing middle" - all code words bandied about in a nationwide campaign to allow upzoning for higher-density luxury housing in existing suburban neighborhoods.

Office, research, manufacturing and commercial uses, in contrast, generate less traffic and require no additional school capacity, for example. The problem is that the Council has driven the County's economy into the ditch over the last 23 years, through radical anti-business policies, and a failure to provide the necessary infrastructure to compete with Northern Virginia, such as direct highway access to Dulles International Airport via a new Potomac River crossing. Montgomery County has not only lost every competition for major corporate headquarters to Virginia during this time, but is most often not even in the hunt for these opportunities.

As a result, Montgomery County has failed to attract a single major corporate headquarters in over 25 years. While MoCo leaders slumbered this century, Virginia added the HQs of Northrop Grumman, Intelsat, Hilton Hotels, Nestle, Lidl, Gerber, Volkswagen, Corporate Executive Board, Amazon HQ2, CoStar, Lego, and more. And those are just ones we lost to Virginia! 

Montgomery County has been left to spend large sums just to retain some of the HQs it had, like Marriott International, Choice Hotels, and GEICO, all of which have downsized when making their moves. In addition to such rearrangements of the deck chairs aboard the Titanic, Montgomery County has lost still other HQs that it had altogether. While the Council argued about the legality of circus animals one week last decade, representatives of New York City and Knoxville were completing final, secret negotiations that sealed their victory in snatching away the Discovery Communications HQ from downtown Silver Spring.

Obviously, property owners such as those at 1455 Research Boulevard can't be blamed for all this. They, understandably, are not going to simply wait for a future ousting of the Montgomery County cartel from power to maximize their investment. So we are likely to end up with more residential housing at this site. The Council is not sad about that, as their developer sugar daddies want them to keep Montgomery County bad-for-business, so that prime office park sites can become residential housing sites instead. Virginia prepares and markets such office/industrial properties extensively to international businesses, and reaps the spectacular results; Montgomery County just waits for someone to build housing on them. Too bad that Montgomery County residents will continue to shoulder the increasing tax burden to make up for all of this lost business and commercial revenue. Heckuva job, Brownie!

Majority of Maryland residents have considered leaving the state, poll finds

The University of Maryland Baltimore County continues to drop new results from its recent poll of Maryland residents, and the hits just keep on coming for the state's struggling and inept elected officials. Yesterday's release showed that a majority of the residents polled have considered moving out of Maryland to another state within the past year. A full 53% said, yes, they have considered leaving Maryland in the next few years.

Montgomery County has seen a flight of the rich to lower-tax jurisdictions in the region this century, and those expats have taken millions of dollars in tax revenue with them. There were no longer enough high-end shoppers to sustain the stretch of Wisconsin Avenue in Friendship Heights that was once touted as "Montgomery County's Rodeo Drive," leaving behind rows of empty storefronts. Maryland experienced a similar exodus after passing its "Millionaires' Tax" in 2012, only to find that 1000 millionaires had fled the state just two years later.

54% who were interviewed by UMBC said Maryland is a "poor or fair" place to start a business. That's not surprising, given that 67% of respondents also agreed that the state's economy is moribund. 

Maryland not only has gained a terrible reputation as an anti-business state internationally, but is increasingly seen by aging residents as a terrible place to retire, as well. The largest group of respondents, 37%, said Maryland is a "poor" state to retire in. 64% concluded that Maryland is a "poor or fair" retirement destination. Again, not very surprising, as increasing numbers of retirees leave Maryland behind for Delaware or Florida.

Almost half of those polled said Maryland is a "poor or fair" state to seek a K-12 education in. That's quite a drop from two decades ago, when Maryland's schools were seen as among the best in the nation. Only 11% believe Maryland is an "excellent" place to find a job. Well, you can't blame them: most of the jobs that give Montgomery County and Maryland low unemployment rates are actually located in Northern Virginia and Washington, D.C.

67% of residents agree Maryland economy is moribund

Last decade, this website was a lonely voice in the media landscape warning that the economies of Montgomery County and Maryland were moribund. Since 2018, powerful voices such as the editorial board of The Washington Post, two-time County Executive candidate David Blair, and even Maryland Governor Wes Moore have reached the same conclusion. Now, an overwhelming majority of Maryland residents are also saying the state's economy has stagnated. 67% of residents polled by the University of Maryland Baltimore County declared Maryland's economy as "poor" or "fair." Results of the poll were released Tuesday by UMBC.

49% of residents told pollsters that Maryland is "on the wrong track." 62% are concerned about the amount of taxes Maryland residents pay. That's not a major shock, as Maryland is one of the states with the highest tax burden in America, and Montgomery County has the highest tax and fee burden of any jurisdiction in the Washington, D.C. area. 77% of residents want lawmakers to focus on crime, but would probably be surprised to learn that the only crime bills likely to pass in the current session of the state legislature will loosen up on criminals, instead of cracking down.

Virginia's air-sea-land logistics advantages over Maryland to expand even further

A new interview with Eric Jehu, Vice President of Logistics for the Virginia Economic Development Partnership (VEDP), for a Business Facilities magazine podcast sheds more light on that state's overwhelming infrastructure advantages over Maryland, and provides a preview of the Old Dominion's near-term plans to expand that edge even further. The magazine named Virginia as its 2024 State of the Year, following CNBC’s declaration of the Commonwealth as "America’s Top State for Business 2024." According to the U.S. Bureau of Transportation Statistics' latest report on ports published last month, the Port of Virginia ranks 9th in total tonnage of all American ports; the Port of Baltimore ranks 16th. Among ports handling over 1000 TEUs (a standard cargo container size) per year, the Port of Virginia ranks 6th, while the Port of Baltimore is 15th.

Why does the Port of Virginia enjoy such greater volumes of cargo? Its shipping channel is "the deepest and widest on the coast, to accommodate the largest of the largest container vessels that are operating in the marketplace today, and as well as [the container ships of] the future," Jehu says. The port's cranes are capable of reaching "all the way across those very wide ships, so that, again, the productivity is faster than any other port on the coast. We're the only place where you can actually bring those large ships in and out efficiently. It's two-way traffic, so you don't have to stop all of the traffic to let one big ship come in."

Jehu considers the Port of Virginia's performance after the collapse of Maryland's Key Bridge last year to have been a tremendous opportunity to woo truckers and shippers from Baltimore to Norfolk. He says Virginia's port was able to demonstrate that it works faster and more efficiently during an emergency than Baltimore and other ports do under normal conditions. "So, out of every tragedy there's opportunity right? There's a silver lining, however the saying goes. And each time an event like that takes place, it shines a light on Virginia's ability to adapt. So, the Key Bridge collapsing was a human tragedy and maritime disruption for our friends in Baltimore. [But] operationally [when traffic was diverted from Baltimore to Norfolk], there was virtually no impact" on service at Norfolk.

The interview also covers Virginia' ongoing projects to expand highway capacity to-and-from the Port of Virginia through the Hampton Roads area. This includes the latest project, widening the current four-lane segments along nearly ten miles of the I-64 corridor in Norfolk and Hampton, with new twin tunnels across the harbor. It will be the largest highway project in the history of the state, and follows the construction of many other highways, as well as Express Lanes from Fredericksburg to Washington, D.C.

But the Old Dominion isn't resting on its laurels. Dulles International Airport has already helped lure many major corporate headquarters to the state. Northern Virginia cities enjoy direct access to the airport, which is the only one in the region that meets the needs of international businesspeople in terms of departure frequency, and in the number of international business destinations. Maryland leaders have - intentionally - failed to construct a new Potomac River crossing to the Dulles area that was planned decades ago. Now Virginia is actively going to expand its Dulles advantage.

A study ordered by the state found that Dulles is an "underused asset," that has the potential to steal cargo traffic from the current leading airports for air cargo in New York, Chicago, and Atlanta. Jehu notes that such new cargo service would attract more pharmaceutical companies to Virginia, as many of their products require swift air transport around the globe. Montgomery County could take advantage of that new cargo capacity, but only if it constructs the new Potomac River crossing that would extend I-370 to Dulles. Without that bridge, Virginia will continue to rapidly close in on Maryland's rapidly shrinking advantage in the biotech field, which has been the one bright spot in Montgomery County and Maryland's otherwise-moribund economies this century.

One other logistics and infrastructure jewel in Virginia's crown not mentioned by Jehu is the new addition of commercial passenger flights out of Manassas Regional Airport expected later this year. Meanwhile, all the talk around Montgomery County's Airpark is about wanting to curtail air traffic there, rather than expanding it. Heckuva job, Brownie!

Maryland energy crisis requires axing EmPOWER, embracing nuclear

Barakah Nuclear Power Plant, UAE

Maryland is in a full-blown energy crisis, which is devastating electric ratepayers across the state, and has only exacerbated our image as a poor destination for international business. The two root causes are the direct responsibility of our elected officials in Annapolis: the Communist EmPOWER MD program, and the closure of eight power plants that resulted from a state mandate to attain 100% clean energy by 2035. EmPOWER's surcharge was increased for this year by Governor Wes Moore and the Democrat-controlled Maryland legislature. The result has been a massive increase in electric costs for Maryland residents in the midst of a cold winter. In the not-so-distant future, low-energy Maryland will be forced to import nearly half of its power from out-of-state (it currently imports 40%, and is in the process of approving another transmission line to bring power from outside Maryland), further raising electric bills.

One of the short-term solutions is obvious: Maryland must revoke, repeal, kill, and bury the EmPOWER program. Communist to the core, EmPOWER is a rob-Peter-to-pay-Paul scheme that steals money from working Marylanders, ostensibly to buy "green" appliances and home efficiency upgrades for poor people, but to also line the pockets of the political cartel and their cronies along the way. 

Maryland residents simply can't afford to "EmPOWER" the cartel any longer, and it is a no-brainer to demand that the Maryland General Assembly take immediate action to terminate it during the current session. At the moment, they are too busy cranking out every imaginable new tax in the world to increase what is already the highest tax burden in the Washington, D.C. area, and among the highest nationwide.

For the long term, we must take equally-immediate action to increase the electricity generating capacity inside our state borders. That includes restarting the shuttered power plants, and modifying others for natural gas. It also means expediting the construction of new nuclear plants across the state. Even a broken clock is right twice a day, and to that end, there is one modestly-positive proposal on the table in Annapolis this session: to add nuclear to the list of "green" power sources.

But we also need to move urgently on actually getting nuclear plants constructed. There are several new players in the nuclear energy field, and new technology such as micro reactors. 

The United Arab Emirates is currently conducting an active search for potential nuclear projects in the United States. Maryland should answer the call. We often hear that nuclear plants can take two decades or more to come online. But the UAE's Emirates Nuclear Energy Company completed four reactors at the Barakah nuclear power plant in less than 12 years, and the project came in on-budget, according to the Financial Times. 

Enec's CEO Al Hammadi was asked by the FT if his firm would like to build, own, or operate nuclear projects, or function as a consultant. "All of the above," he replied. Maryland should at least be having a conversation with Al Hammadi, and with leaders at other companies, about creating a state where energy is cheap and abundant for residents and business alike.

Photo courtesy Enec

69% of Montgomery County voters oppose bag tax hike - but County Council passed it anyway

Over two-thirds of registered voters in Montgomery County oppose raising the bag tax to ten cents, a Washington Post/University of Maryland poll found, but the Montgomery County Council unanimously passed it anyway on Tuesday. The poll found that 69% of voters oppose the tax increase on paper bags, and that a minority 47% of voters support the plastic bag ban that was passed alongside it Tuesday. But, as the Council has done increasingly since defeating the Columbia Country Club with its 2009 Purple Line vote that brought no electoral consequences, the Council put its legislative steamroller in gear and floored the accelerator.

Interestingly, the Post declined to print the results of its bag tax/ban poll questions until the day after the Council voted, despite having taken the poll in late January, a clear attempt to tamp down opposition ahead of the Council vote. Tuesday's vote spoke deafening volumes about the deepening radical political trends in Montgomery County, trends that suggest the moribund jurisdiction is on-track for further and accelerating economic decline in the years ahead.

Montgomery County has acquired an international reputation as an anti-business jurisdiction. Not surprisingly, it has failed to attract a major corporate headquarters in over 25 years. Since the last decade, it ranks at or near the bottom by every relevant measure in economic development and job creation in the D.C. region, based on data from the U.S. Bureau of Labor Statistics. It has long ago fallen out of the Forbes Top Ten Richest Counties in America list, as the wealthy flee to lower-tax jurisdictions in the region. In 2010, stores like Target and Magruder's in Rockville turned their interior lights down, posting apologetic signs explaining it was due to the County's new Energy Tax.

Tuesday's decision won't change the world's perception of us.

According to Wednesday's Post article, Councilmember Marilyn Balcombe (D - District 2) demanded Tuesday that the County begin to go after businesses "more aggressively" if they don't comply with the new ban and tax collection, despite the even-more-complicated regime of mandates imposed by the new law.

Okay, the Council is going to hound your business "more aggressively." But if you're thinking of starting a business, or moving it to Montgomery County, surely you can trust that the local Chamber of Commerce will have your back against the tinfoil dictators of the County Council, right?

Wrong.

The Montgomery County Chamber of Commerce supported the Council's vote. Yes, you read that right. "We worry about Montgomery County being in a position that it's not competitive with surrounding jurisdictions [and] that's not what this bill does," Chamber spokesperson Brian Levine told the Post. 

That's nice, but it's actually false, as Washington, D.C., Arlington County, and Fairfax County do not have bans on plastic bags, and only charge 5 cents per bag, not 10 cents. So putting us in a position that's "not competitive with surrounding jurisdictions" is exactly "what this bill does."

Imagine paying dues to a Chamber that kneecaps you in order to keep political favor with the County Council when the rubber meets the road. This isn't the first time. How many Chamber members wanted this bag law to pass? The Chamber's written testimony goes so far as to declare the organization "applauds the sponsor and co-sponsor for proposing this commonsense policy change." Applauds?! Such kowtowing to an rabidly-anti-business Council is embarrassing for a business organization. Yet again, we cede competitive economic growth territory to Northern Virginia and D.C.

It's bad enough that this is yet another tax hike, at a time when a majority of Montgomery County taxpayers are struggling with already-outrageous grocery prices, and Maryland is about to raise taxes and fees at the state level. But it's also another example of our megalomaniacal elected officials, who have a psychological need to control other people. Council President Kate Stewart (D - District 4) said the new bag law will "change behavior." Voters didn't elect you to "change behavior." They elected you to execute the basic functions of government in a competent manner, foster a favorable climate for business, provide necessary infrastructure and a functioning transportation system, and enforce the laws to protect the safety of the public - - all things this Council hasn't been able to do in this century. 

Virginia created twice as many jobs as Maryland in 2024

The year-end job creation numbers from the United States Bureau of Labor Statistics are a total humiliation again for the state of Maryland, and Montgomery County. Our rival across the Potomac River, Virginia, created twice as many jobs as Maryland in 2024. Virginia added 76,900 jobs last year, while Maryland created a paltry 38,400 jobs by comparison. In the closing month of December 2024, Virginia added 4,900 new jobs, while Maryland added a laughable 200. That's a 2 with only two zeros after it.

“Virginia’s labor market continues to demonstrate resilience and growth, with a strong increase in nonfarm payrolls, a growing labor force, and low unemployment,” Virginia Governor Glenn Youngkin (R) said in a statement. “Our commitment to business-friendly policies, reducing costs, and fostering innovation has created an environment where both Virginia companies and Virginians can thrive.” 

Virginia was named America's top state for business in 2024 by both CNBC and Business Facilities magazine. The latter is a professional journal covering the topic of corporate headquarters relocation. While the Old Dominion has added multiple major and Fortune 500 corporate HQs this century, Maryland was a loser in all of those competitions. Among those choosing Virginia over Maryland were Northrop Grumman, Nestle, Intelsat, Lidl, Gerber, Volkswagen, Amazon, and Hilton Hotels. Here in Montgomery County alone, our elected officials have failed to attract a single major corporate headquarters in over 25 years. 

Who can forget the Montgomery County Council laser-focusing on a bill to ban circus animals on the very day that Discovery Communications was sealing the deal with two other states to move their HQ from MoCo to their cities? Or the Council canceling the biggest transportation project in White Flint on the very day that Amazon representatives were touring that area during their HQ2 search, which we lost to...Virginia? Scrapping your biggest transportation project the same day that a logistics-obsessed firm like Amazon is visiting: Sheer genius! Heckuva job, Brownie!

While Maryland Governor Wes Moore (D) is promising higher taxes and fees, and a 75-cent charge on every Amazon and food delivery order, Youngkin is asking the Virginia legislature to cut taxes on his constituents and businesses. Virginia has made major investments in new transportation infrastructure and site development, all while keeping taxes lower than Maryland. 

Maryland elected officials, by contrast, have blocked every meaningful congestion relief project, and have directed Maryland State Highway Administration officials to increase congestion by placing absurdly-low speed limits on major commuting state highways. They've even ordered MDSHA to remove vehicle lanes from many of those highways, including Old Georgetown Road, Georgia Avenue, and University Boulevard in Montgomery County alone. 

Rather than invest in site development for corporate campuses, and high-wage research and manufacturing facilities, MoCo and Maryland leaders have instead turned such valuable land over to their developer sugar daddies for new stack-and-pack residential housing. Taxes? Nobody in the region pays more than Montgomery County taxpayers.

Given the history of Virginia decimating Maryland in job creation this century, the only surprising thing about the 2024 numbers is that yet another historic drubbing of Montgomery County and Maryland officials is not being covered by the local media. Failure and incompetence are never brought to busy voters' attention. We can still enjoy the irony that Montgomery County's international business trips are - bizarrely - most often to Communist countries like China and Cuba, but that failures in policy and economic growth of the magnitude we find in Maryland often result in removal, or even jail, in those nations.

Maryland restaurants aren't going out of business fast enough, lawmakers in Annapolis say

Maryland's restaurants aren't going out of business fast enough, lawmakers in the state's capital of Annapolis say, and a pair of Democrats in the legislature have a plan to speed up the process. On top of previous hikes to the state's minimum wage, which have been a factor in many restaurant closures and staff reductions statewide, their new bill would create a 2026 ballot question asking voters to approve a minimum wage of $20-an-hour. If approved by voters, the question would also force restaurant owners to pay that $20 wage to tipped workers, as well. The bill is expected to be taken up by the Democrat-controlled Maryland House and Senate next month.

Montgomery County was the vanguard of the proletariat in the effort to raise the minimum wage in the previous decade. The Montgomery County Council was warned by business owners, the Maryland Retailers Association, and the Restaurant Association of Maryland that a significant wage increase would put many enterprises out of business. Their predictions came to pass, as Montgomery's already-moribund economy was slammed by the higher wage requirements, higher taxes and new regulations, and the Council's disastrous "Nighttime Economy" initiative that ended up destroying the nighttime economy. Bars, stores, and restaurants that had endured for thirty or fifty years, serving multiple generations of Montgomery County residents, were suddenly closing left and right.

The nightlife scene in Bethesda looks starkly different from what it was prior to the last decade. In fact, you can't really look at it at all, because it no longer exists. Along with record numbers of restaurant failures countywide, at least 24 nightspots closed in Bethesda alone. Downtown Bethesda's streets are now dark and lonesome after 9:00 PM. 

Demolition of Regal Cinemas Bethesda 10
cineplex in 2017

The impact of the Council's "Nighttime Economy" catastrophe in Bethesda was capped off when Barnes and Noble closed, and the Council allowed the town's only major cineplex to be demolished, without requiring the developer to replace the theater - even though the Minor Master Plan Amendment that permitted the demolition provided the Council with the authority to impose just such a requirement. The public plaza outside the former bookstore that previously teemed with crowds during warm weather was suddenly deserted. A "spaces available" sign outside the public parking garage at Bethesda Row that usually read "FULL" during the peak dinnertime hours now showed hundreds of spaces available. The counter was eventually deactivated to cover up the embarrassment.

There are now not only fewer restaurants in Montgomery County, but fewer restaurant workers, as well. Fast food establishments that haven't closed now sport touchscreens that eliminate the number of workers needed to man (or woman) the counter. Chains like McDonald's are on the verge of total automation, only slowed by the open revolt a speedy conversion to this technology would spur among unions, and the mainstream press that already delights in bashing restaurant chains that allow working class people to eat cheaply without government welfare assistance.

Many writing for the "Buzz Insider"-style websites, and even more among the world of TikTok "influencers," were fooled into believing McDonald's' new CosMc's concept is a super-cool place to film yourself waiting in an hour-long line of cars, to get a million video views of yourself making moronic faces while sipping a Sour Cherry Energy Burst. In reality, it is a test run for the "Fight for $25" future, a future of a single supervising employee monitoring an array of robots serving precisely-made Big Macs and Egg McMuffins.

Along with Governor Wes Moore's proposal to raise taxes on the "rich," the proposed wage hike will indeed speed up the bankruptcy process for mom-and-pop restaurants across Maryland. Restaurants - and most retail - are very slim profit margin businesses to start with. The margin is even slimmer in hellaciously-anti-business counties like Montgomery. Having elected officials who don't understand this, or much of anything about how business works, is always potentially fatal to the independent entrepreneur in MoCo and Maryland.

This financial illiteracy among our elected officials leads to measures such as the higher taxes, fees, and wages being proposed fast and furiously in Annapolis this month. It leads to a state where many elected officials and government employees end up making more money annually than the private businesses they regulate. But as we've seen already in Montgomery County, which fell from its lofty perch among the Forbes "Top Ten Richest Counties in America" list during MoCo's purge of the free enterprise system last decade, the more you pile on the taxes and wage hikes, the less revenue you get. Taxation is not only theft, but generates diminishing returns as rates increase. The more you squeeze, the less you get. 

Montgomery County has already reached rock bottom in the D.C. region, or close to it, in every significant economic development category compiled by the U.S. Bureau of Labor Statistics. Even Gov. Moore has admitted Maryland's economy is stagnant, and its economic and job numbers lag far behind the national average since 2017. Yet, Annapolis wants to again join Rockville in amplifying the assault on the small businessperson even further. The question for our representatives in Annapolis this year is, "How much lower do you want to go?"

Virginia named State of the Year by Business Facilities magazine

Our neighbor across the Potomac is ending 2024 on another economic development high note. Business Facilities magazine has just named Virginia "State of the Year." This is the third time the Old Dominion has taken home the prize since the magazine introduced the honor in 2007. Of course, it's little surprise that Virginia was named the winner, as it is one of the primary destinations of corporate headquarters relocations in America. Maryland? Dead last. Montgomery County hasn't attracted a single major corporate headquarters in over a quarter century, and the statewide record looks just as bad.

"Virginia is a prime location for businesses of all varieties, and this honor from Business Facilities underscores the work we’ve been doing since day one to make Virginia the best place for business investment and job creation," Virginia Gov. Glenn Youngkin said in a statement. "The Commonwealth has experienced record job growth from companies that are drawn by our best-in-class talent, infrastructure, and business-friendly environment. I am thrilled that Virginia has earned this recognition from a leading source for site selection experts."

Virginia Gov. Glenn Youngkin wraps up
another year of the Old Dominion cleaning
Maryland's clock at economic development

"From advanced manufacturing to data centers to professional services, Virginia is attracting companies across industries with its business-friendly environment and programs to support the distinct needs of those businesses," Business Facilities Editorial Director Anne Cosgrove said. Earlier this year, CNBC named Virginia America's top state for business. Maryland came in 31st out of 50 on that list. Ouch.

Youngkin has proposed a number of tax cuts for Virginia residents in 2025. Maryland residents are facing yet more tax hikes, as its moribund economy has depressed revenues, while legislators in Annapolis have continued to spend wildly. 

"Let's take a victory lap on
Montgomery County's bike lanes!"

With no good news to share, and the potential loss of the Washington Commanders and future FBI headquarters looming, Maryland Gov. Wes Moore has been reduced to creating distractions by endorsing the legalization of beer and wine sales in grocery stores. Residents have been demanding that for decades, and have been stiff-armed by their representatives in Annapolis every step of the way over those years. While desperation and embarrassment have led to the topic suddenly being revived by their governor and party leader, a number of powerful Democrats in Annapolis went on the record last week to suggest they will block such a move in the upcoming legislative session.

Photos courtesy Office of Gov. Glenn Youngkin

Regal Germantown closed while Montgomery County leaders slept at the switch (Photos)

Regal Cinemas has closed at 20000 Century Boulevard in Germantown. The closure, which was first reported by The MoCo Show, is a significant blow to the development and success of Germantown Town Center. The theater is likely to be replaced by yet another residential building. Yes, it may have retail or restaurant tenants in the ground floor (or, like others in the area, it might not), but neither outcome will produce the general activity level of a cineplex. In a relatively-high-crime area like Germantown, the last thing in the world you want is a large, dead, dark space after business hours.

The closure is also bad news for the surrounding businesses. A study last decade found that a multiplex theater draws an additional 20,000 people to a neighborhood each weekend, who shop and dine at nearby establishments before and after their movie. "Dinner and a movie" is such a generator of economic activity - not to mention one of the most popular weekend activities of many Americans - that some restaurants will even partner with theaters to offer special packages. 

It's sad that it came down to this. When this theater opened as a Hoyts Cinema around the turn of the century, it stood out for awhile in a county where most theaters were aging or had closed altogether, and the odds of finding a hole in your seat cushion at many were quite good. But in recent years as a Regal Cinemas, the failure to convert to the latest theater standards such as recliners could be seen as the writing on the wall. 

The reality is that the potential cash value of the land as a mixed-use development site exceeded whatever Regal would realistically be able to pay in rent over the coming years. And as in the demise of Regal Cinemas Bethesda 10, the Montgomery County Council was asleep at the switch, despite it being known for months that this economic engine of Germantown Town Center was in danger of being switched off, with no replacement. 

It should be noted that Topgolf, the only other significant entertainment option in the Town Center neighborhood, is in financial distress at the corporate level. Parent company Topgolf Calloway has declared its intention to spin off the Topgolf business into a separate entity. As a result, there's no ironclad guarantee that Topgolf will be around forever in Germantown. BlackRock Center for the Arts isn't enough to sustain a viable Town Center economy on its own. Where is the leadership? Somebody reach for the smelling salts.