37th Southern Delmarva Economic Forecast to offer snapshot of peninsula’s wallet
SALISBURY, Md. – Local leaders say they’re prepared for the 37th annual Southern Delmarva Economic Forecast.
Southern Delmarva Economic Forecast
The event will take place on Friday, Dec. 6 at 7:30 a.m. at Salisbury University’s Guerrieri Academic Commons. An Eastern Shore Delegation Luncheon and 2025 Maryland General Assembly Preview will follow. This year’s forecast, as always, will be presented by the Salisbury Area Chamber of Commerce, BEACON at Salisbury University, and the Franklin P. Perdue School of Business.
“This is really a snapshot of what business and organizations and government leaders can expect the regional economy to look like in 2025,” said Salisbury Area Chamber of Commerce President and CEO Bill Chambers.
Tons of Topics
Chambers added that topics will include Maryland’s state budget deficit, tax policy, housing, inflation, how a new federal administration will impact the economy, and how states differ in reaching business success.
“We are going to be really peeling back the onion, and we’re going to finish the forecast with all of our [state] senators and delegates and ask them questions pertinent to what’s coming in 2025 with the Maryland General Assembly session,” Chambers said.
The focus, however, will not just be on Maryland. Chambers said leaders from Delaware and the Eastern Shore of Virginia will also be in attendance.
“It’s a regional look, but it really is a microcosm of what the United States is facing moving forward, whether you’re a red or a blue state, whether you’re a state like Maryland that’s facing steep budget challenges, or you’re a state in the Midwest that is facing budget surpluses,” Chambers said.
Looking Ahead
Additionally, Chambers said the forecast is a way to make clear that the Delmarva Peninsula has much to offer when it comes to economic contributions. He added that other parts of the states that make up Delmarva have taken notice.
“Folks in Annapolis are now hearing loud and clear what the business community and the non-profit community on the Eastern Shore are dealing with on a day-to-day basis. We are not Washington and Baltimore. We are an economy in and of ourselves… Our concerns with the poultry industry, agriculture, manufacturing, and tourism are finally being heard and taken seriously,” Chambers said.
Pre-registration for the event is required. Full event registration starts at $89, while non-members would pay $109.
