Military’s economic impact on San Antonio tops $27BMilitary’s economic impact on San Antonio tops $27Bhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=90612012-11-13T13:46:00Z2012-11-12T10:00:00Z

SAN ANTONIO - The City of San Antonio’s Economic Development Department and its Office of Military Affairs released the findings of a new study putting the annual economic impact of military jobs, investment and spending in the Alamo City at more than $27 billion.

The San Antonio Military Economic Impact Study, compiled by Dr. Steve Nivin, director of the SABER Research Institute, found that the Department of Defense (DoD) directly accounts for more than 132,000 direct jobs in San Antonio.

City officials say the military supports more than 189,000 jobs with Joint Base San Antonio as the largest single employer, accounting for more than 92,000 positions.

The DoD has spent billions of dollars on a number of projects in the Alamo City, including the establishment of a major military medical center at Fort Sam Houston.

The report represents 2011 data but was released November 2012.

Read more at the San Antonio Business Journal.

San Antonio Business Journal
San Antonio-New Braunfels
http://www.bizjournals.com/sanantonio/blog/2012/11/militarys-economic-impact-on-san.htmlRead more at {Source}

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