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Category: Economy

News and updates about Economy in Montgomery County, Maryland

Council President Natali Fani-González Proposes New Approach to the Fiscal Year 2027 Operating Budget Focused on Reducing the Tax Burden on Residents, Cutting Government Spending and Making Strategic Investments in Education and Nonprofit Services – Mocofeed

Posted on April 17, 2026

For Immediate Release: Friday, April 17, 2026 From the Office of Council President Natali Fani-González New proposal focuses on affordability by eliminating the proposed property tax increase, establishing a progressive income tax where 96 percent of residents get a…

Council Passes Bill to Reduce Red Tape for Farms and Agriculture – Mocofeed

Posted on April 7, 2026

For Immediate Release: Tuesday, April 7, 2026 From the Office of Councilmember Dawn Luedtke Legislation sponsored by Council President Fani-González, Council Vice President Balcombe and Councilmember Luedtke reduces regulatory burdens The Montgomery…

Montgomery County Partners with Leadership Montgomery to Support Federal Contractors Hard‑Hit by Policy Changes – Mocofeed

Posted on April 2, 2026

For Immediate Release: Thursday, April 2, 2026 County Launches Business Support Effort with April 30 Resilience Forum Montgomery County has selected the nonprofit organization Leadership Montgomery to support a key effort led…

Montgomery County Celebrates Opening of Samsung Biologics’ First U.S. Manufacturing Facility in Rockville – Mocofeed

Posted on April 1, 2026

For Immediate Release: Wednesday, April 1, 2026 $353 Million Acquisition, Retaining 500 Jobs in Heart of Nation’s 3rd Largest Biohealth Cluster Montgomery County Executive Marc Elrich joined Maryland Governor Wes Moore, Lt….

Montgomery County Executive Marc Elrich’s Weekly Media Briefing at 12:30 p.m. on Wednesday, April 1: Welcoming Samsung Biologics, Recent International Economic Mission, Attending the World Vaccine Congress, and New Affordable Housing – Mocofeed

Posted on March 31, 2026

For Immediate Release: Tuesday, March 31, 2026 Reporters interested in asking Montgomery County Executive Marc Elrich questions will have the opportunity to do so during this week’s virtual media briefing, scheduled for…

Montgomery County Council Unanimously Passes Councilmember Friedson’s Accelerate MoCo Package to Boost Bio Investments and Expand Affordable Housing – Mocofeed

Posted on March 17, 2026

For Immediate Release: Tuesday, March 17, 2026 From the Office of Councilmember Andrew Friedson The Montgomery County Council today unanimously passed the Accelerate MoCo legislative package, led by Councilmember Andrew Friedson, to…

Councilmember Sayles Calls for Smarter Spending Before Raising Taxes – Mocofeed

Posted on March 17, 2026

For Immediate Release: Tuesday, March 17, 2026 From the Office of Councilmember Sayles ROCKVILLE, Md., March 17, 2026—Montgomery County Councilmember At-Large Laurie-Anne Sayles today released the following statement regarding County Executive Elrich’s…

Council President Fani-González Introduces New Initiative to Boost Job Growth and Spur Economic Development – Mocofeed

Posted on March 10, 2026

For Immediate Release: Tuesday, March 10, 2026 From the Office of Council President Natali Fani-González ROCKVILLE, Md., March 10, 2026—Montgomery County Council President Natali Fani-González introduced The Job Creation Project Zoning Text Amendment (ZTA 26-05) today, which aims to attract…

Montgomery County and Henry M. Jackson Foundation Launch New Biotech Innovation Labs – Mocofeed

Posted on March 3, 2026

For Immediate Release: Tuesday, March 3, 2026 The Montgomery County Government and the Henry M. Jackson Foundation for the Advancement of Military Medicine (HJF) officially launched the HJF Innovation Labs at Montgomery…

Montgomery County Minimum Wage to Increase on July 1 for Large, Mid-Size, and Small Employers – Mocofeed

Posted on February 27, 2026

For Immediate Release: Friday, February 27, 2026 The Montgomery County minimum wage will increase on July 1 to reflect the region’s inflation rate, as required by County law. For large employers (with…

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