Defense spending makes up almost 25% of San Diego's economy, new report says

  • 📰 KPBSnews
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

An annual report found the military's impact on the region's economy grew in 2023 despite a slight post-pandemic decline in defense jobs

An annual report on the military's impact on San Diego's economy shows defense spending, as a percentage of the region's economy, grew in 2023 despite a slight dip in overall jobs.

"We want people to understand that there’s a lot of good that comes from being a military town," Balmert said at a news conference Wednesday. "Especially in a year like this when California’s resources are a little more limited, our region significantly benefits from the military’s economic contributions to San Diego and I would say the entire state," Atkins said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 240. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines