Blair Releases Plan to Build A Stronger Montgomery County Economy and Create Good-Paying Jobs


Rockville, Md., Nov. 4, 2021 -- David Blair, Democratic candidate for Montgomery County Executive, today released his plan to build a stronger local economy and create good-paying jobs for county residents.

Blair’s Economic Development Plan includes policies to reverse downward trends in the number of jobs and businesses in Montgomery County, make the county an attractive place for innovation and entrepreneurship, and unlock economic growth to address inequity. The plan features initiatives in many key areas, including:

  • Establish a Business Bill of Rights;

  • Build a Strong Montgomery County Brand;

  • Expand financing and procurement opportunities for minority-owned businesses;

  • Become the Hospitality Start-Up Capital of the World;

  • Grow Life Sciences Businesses;

  • Harness Montgomery County’s Entrepreneurial Spirit;

  • Revitalize Silver Spring and the Georgia Avenue Corridor; and

  • Accelerate the county’s Agricultural Reserve Engine.

“Montgomery County residents deserve a strong and vibrant economy with leadership that believes in our county’s potential, understands the importance of competing for and growing high-quality jobs, and recognizes local businesses as partners,” said Blair, a community advocate, nonprofit leader, and philanthropist.

From 2007 to 2020, Montgomery County lost a net total of 669 business establishments while the rest of the region added more than 25,000, according to the U.S. Bureau of Labor Statistics. In the same time period, Montgomery County lost more than 20,000 jobs while the region added more than 90,000.

“As concerning, Montgomery County is losing its high-paying jobs. From 2014 to 2019, Montgomery County lost 30 percent of its finance jobs and 25 percent of its information sector jobs - jobs that averaged more than $100,000 in annual salaries,” Blair added.

“We should be leading the region in new jobs, not lagging. Working together, we will create the business environment employers expect and deserve,” Blair said. “We must grow the economy to fund critically needed health and social services, education, and transportation infrastructure.”

From 1998 to 2009, Montgomery County government’s revenue grew by an average of 6.1 percent a year. Since 2010, Montgomery County government’s revenue grew by an average of 2.4 percent a year - even with two property tax increases and significant increases of the energy and recordation taxes.

Blair, a member of former County Executive Isiah Leggett’s Montgomery County Economic Advisory Committee, developed the Economic Development Plan with input from hundreds of local business owners, community leaders, policymakers, government officials, and industry experts.

It follows the release of Blair’s “One Montgomery: Building Fairness and Opportunity For All” plan and his Restaurants Are Better With Blair policies.

The Democratic Primary for County Executive is set for June 28, 2022 with Early Voting from June 16, 2022 through June 23, 2022.

Media Contact: Aaron Kraut, Communications Director, and 301-602-2356.