Prince George’s County Executive Aisha Braveboy Delivers Incredible Keynote Address at State of the Economy
For More Information, Contact: For Immediate Release:
Thomas F. Johnson II June 4, 2026
Director of Communications
Office of the County Executive
Prince George’s County
Cell: 240-808-1161
PRESS RELEASE
Prince George’s County Executive Aisha Braveboy Delivers Incredible Keynote Address at State of the Economy
Positioning Prince George’s County as the premier destination for technology, innovation, sports, and entertainment along the East Coast.
LARGO, MD - Prince George’s County Executive Aisha N. Braveboy delivered her highly anticipated 2026 State of the Economy Keynote Address at the MGM National Harbor, revealing a massive economic turnaround marked by the complete elimination of a $170 million budget deficit without major service cuts or tax increases. Speaking before a sold-out crowd of business leaders, entrepreneurs, and policymakers, Braveboy unveiled a clear roadmap for the county’s future, themed around her cornerstone initiative, Elevate Prince Georges.
The annual event, co-hosted by the Prince George's County Economic Development Corporation (PGCEDC) and the Greater Prince George's Business Roundtable, highlighted the county's rapid financial stabilization and major growth milestones. Braveboy emphasized that through aggressive fiscal discipline, streamlining county agencies, and strategic investments, the newly approved $6 billion FY 2027 budget puts the county on its strongest economic footing in years.
Today, County Executive Aisha Braveboy proudly unveiled an ambitious and transformative vision aimed at positioning Prince George’s County as the premier destination for technology, innovation, sports, and entertainment along the East Coast.
“Our County is a shining example of resilience and prosperity, standing tall as one of the most economically impactful majority-black counties in the United States,” said County Executive Braveboy. “The possibilities before us are endless when we come together and invest in each other’s success.”
The Administration’s strategic vision is supported by five core economic development goals aimed at enhancing the quality of life for residents:
1. Growing the commercial tax base to ease the burden on homeowners.
2. Elevating sectors including retail, hospitality, sports, and entertainment.
3. Increasing job opportunities for residents within the County.
4. Expanding support for small and local businesses.
5. Empowering our agricultural community to thrive.
As part of the commitment to these goals, the Administration is prioritizing open communication and collaboration. The County Executive has been actively engaging with community members, business leaders, and elected officials to identify key concerns and long-term priorities.
“From day one, I’ve made it a priority to listen to our community's diverse voices. Together, we can create an inclusive, accountable, and forward-thinking government,” the County Executive stated. The Administration has also launched a comprehensive operational review, engaging Bazilio, Cobb & Associates, to assess financial management, organizational efficiency, and risk management. The resulting report outlines 23 recommended actions aimed at building a robust financial foundation for the County.
Recent efforts have already led to a reaffirmation of the County’s AAA bond rating by S&P Global and Fitch Ratings, a testament to the strong economic and fiscal outlook. In 2024, the County experienced a significant 3.4% employment growth, the highest in 18 years, alongside a 4.0% increase in average weekly wages.
“We cannot afford to be complacent. Our resilient real estate market and strategic focus on job growth position us well for the future, even amidst challenges stemming from federal job reductions," added the County Executive. Looking ahead, the Administration is committed to implementing strategies that ensure sustainable financial growth while fostering an environment of innovation and opportunity.
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