MDTA Board Meeting Materials

Chapter 3 • Corridor Growth Review

Table 3-1 Socioeconomic Variables: Terms and Sources

Variable

Term(s)

Historical Data

Forecast Data

Woods & Poole, 2025 MD SDC, Mar. 2025

Population

Persons

U.S. Census Bureau

U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics

Woods & Poole, 2025 MD SDC, Oct. 2022

Employment

Persons

U.S. Bureau of Labor Statistics

CBO, Jan. 2025 FOMC, Jun. 2025

Unemployment

Percentage

Woods & Poole, 2025 MD SDC, Jan. 2015

Real Per Capita Income

2024$

Woods & Poole, 2025

Real Gross Domestic/Regional Product

U.S. Bureau of Economic Analysis, Woods & Poole, 2025

CBO, Jan. 2025 FOMC, Jun. 2025 Woods & Poole, 2025

2024$

Annual Percentage Change

U.S. Bureau of Labor Statistics

CBO, Jan. 2025 FOMC, Jun. 2025

Inflation

Price per Gallon, Price per Barrel

Energy Information Administration

Energy Information Administration

Fuel Prices

3-6

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