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Maryland State Wire

Thursday, April 18, 2024

Maryland Department of Commerce spent $586,484,549 since 2008

Money 01

Maryland Department of Commerce reported spending $22,438,844 - 43.3 percent - more in 2017 than it did 10 years ago, according to a Maryland State Wire analysis of state purchasing records.

The Department of Budget and Management publishes all payments made by public agencies in each fiscal year, with data available for fiscal years 2008 through 2017. Vendors include private businesses, local governments, non-profit organizations, and individuals.

Maryland Department of Commerce reported 3,350 purchases in the last 10 years, with total purchases totaling $586,484,549.

Maryland Department of Commerce purchases
Year
Total Annual Spending
Year-over-year change (%)
2008
$51,770,805
2009
$57,421,042
10.9
2010
$40,097,514
-30.2
2011
$44,457,900
10.9
2012
$49,270,743
10.8
2013
$50,469,138
2.4
2014
$87,655,429
73.7
2015
$77,742,263
-11.3
2016
$53,390,066
-31.3
2017
$74,209,649
39

Source: Department of Budget and Management

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