Talbot County's infrastructure supports a diverse and thriving local economy with an annual economic output of two billion dollars. In Easton, the key infrastructure assets include:

  • Six industrial parks encompassing over 430 acres, two of which are located in Easton’s designated State of Maryland Enterprise Zone providing tax credits to property owners and businesses.

  • Easton Airport (ESN), a National General Aviation airport that reported 48,777 operations in 2013, including 1,741 military operations

  • Easton Utilities, a not-for-profit enterprise owned and operated by the Town of Easton that provides electricity, water, wastewater treatment, natural gas, cable television, and high-speed redundant internet services. See Utilities for more about Easton Utilities’ offerings.

The largest industry sector in Talbot County, Maryland is Health Care and Social Assistance, employing 3,851 workers. The next-largest sectors in the region are Retail Trade (2,664 workers) and Accommodation and Food Services (2,643).

High location quotients (LQs) indicate sectors in which a region has high concentrations of employment compared to the national average. The sectors with the largest LQs in the region are Arts, Entertainment, and Recreation (LQ = 1.49), Accommodation and Food Services (1.43), and Health Care and Social Assistance (1.31).

Employment data are derived from the Quarterly Census of Employment and Wages, provided by the Bureau of Labor Statistics and imputed where necessary. Data are updated through 2019Q2 with preliminary estimates updated to 2019Q4.

Sectors in Talbot County, Maryland with the highest average wages per worker are Finance and Insurance ($85,403), Utilities ($62,454), and Management of Companies and Enterprises ($59,550). Regional sectors with the best job growth (or most moderate job losses) over the last 2 years are Construction (+156 jobs), Professional, Scientific, and Technical Services (+72), and Transportation and Warehousing (+49).

Source: JobsEQ®, http://www.chmuraecon.com/jobseq
Copyright © 2020 Chmura Economics & Analytics, All Rights Reserved.