Home ECONOMY U.S. Military installations in Texas boost state economy: TX

U.S. Military installations in Texas boost state economy: TX

by NORTH CAROLINA DIGITAL NEWS


These new numbers were revealed in a study conducted by the Texas Comptroller of Public prior to an earlier study done on July 6, 2022.

AUSTIN, Texas — Editor’s Note | The video above and below are segments on military stories in Fort Hood.

Governor Greg Abbott announced on Thursday, June 13,  that U.S. military installations in Texas have significantly increased the state’s economy, contributing at least $151.2 billion in 2023 alone and supporting over 677,022 jobs in communities statewide. 

These new numbers were revealed in a study conducted by the Texas Comptroller of Public prior to an earlier study done on July 6, 2022.

“The tradition of military service is long in our great state, and our respect for those who serve is enduring,” Governor Abbott said. 

Texas Comptroller Glenn Hegar emphasized the significance of these installations, saying,  

“These installations are critical to both our national security and to the Texas economy, generating an overall economic output of more than $150 billion. The installations are also vibrant and dynamic partners in the community, supporting not just business and industry but also schools, charities, youth sports, and cultural events. The U.S. military and the men and women who serve are a key part of what makes Texas the greatest state in the nation.”

According to the study’s findings, the economic impact varied across different military installations in Texas:

Army Futures Command: Contributed 8,757 jobs and $1,803,489,000 to the economy.

Corpus Christi Army Depot: Supported 8,979 jobs and contributed $1,655,903,000.

Dyess Air Force Base: Provided 15,879 jobs and generated $3,606,224,000.

Ellington Field Joint Reserve Base: Contributed 7,425 jobs and $1,686,194,000.

Fort Bliss: Supported a staggering 126,997 jobs with an economic impact of $27,948,226,000.

Fort Cavazos: Provided employment for 173,730 individuals, contributing $39,093,559,000.

Goodfellow Air Force Base: Supported 12,064 jobs with an economic output of $3,109,547,000.

Joint Base San Antonio (Fort Sam Houston, Lackland Air Force Base, and Randolph Air Force Base): Provided employment for 240,403 individuals and contributed $55,110,571,000.

Laughlin Air Force Base: Contributed 7,533 jobs and $1,731,276,000 to the economy.



Source link

Related Posts