Table 3. Number of private sector establishments by direction of employment change, annual March to March Maryland Total private Establishments gaining jobs Establishments losing jobs Year ended Net change(1) Total Expanding Opening Total Contracting Closing establishments establishments establishments establishments March 1994 1,420 43,028 29,803 13,225 36,471 24,666 11,805 March 1995 2,576 44,899 31,005 13,894 36,527 25,209 11,318 March 1996 450 42,336 28,779 13,557 40,937 27,830 13,107 March 1997 2,518 46,013 30,772 15,241 39,282 26,559 12,723 March 1998 1,735 46,109 30,820 15,289 41,311 27,757 13,554 March 1999 1,951 46,789 31,718 15,071 41,619 28,499 13,120 March 2000 2,462 49,332 33,633 15,699 41,183 27,946 13,237 March 2001 -1,758 45,754 32,123 13,631 44,394 29,005 15,389 March 2002 2,133 47,650 31,308 16,342 44,172 29,963 14,209 March 2003 813 45,856 31,117 14,739 45,158 31,232 13,926 March 2004 952 48,622 33,954 14,668 42,906 29,190 13,716 March 2005 2,633 49,102 32,827 16,275 45,219 31,577 13,642 March 2006 2,781 51,241 34,829 16,412 45,508 31,877 13,631 March 2007 996 48,965 33,550 15,415 49,090 34,671 14,419 March 2008 -807 47,881 33,203 14,678 50,706 35,221 15,485 March 2009 -3,552 41,919 27,743 14,176 57,746 40,018 17,728 March 2010 -2,752 43,086 29,485 13,601 52,030 35,677 16,353 March 2011 -324 47,818 33,752 14,066 45,522 31,132 14,390 March 2012 2,351 49,819 33,862 15,957 44,912 31,306 13,606 March 2013 -37 48,142 33,566 14,576 47,170 32,557 14,613 March 2014 232 48,513 34,065 14,448 46,938 32,722 14,216 March 2015 349 49,391 34,684 14,707 46,839 32,481 14,358 March 2016 2,147 52,502 35,967 16,535 46,506 32,118 14,388 March 2017 679 50,761 35,182 15,579 48,366 33,466 14,900 March 2018 411 50,827 35,518 15,309 48,761 33,863 14,898 March 2019 503 50,607 35,342 15,265 48,919 34,157 14,762 March 2020 -2,059 48,548 33,553 14,995 52,712 35,658 17,054 March 2021 -756 45,357 30,200 15,157 56,960 41,047 15,913 March 2022 1,080 58,000 38,872 19,128 47,631 29,583 18,048 March 2023 4,023 57,326 36,331 20,995 49,167 32,195 16,972 (1) Net change is the difference between the number of opening establishments and the number of closing establishments.