The Maryland Department of Business and Economic Development (DBED) recently tasked thebvRegional Economic Studies Institute (RESI) of Towson University with determining the economic impact of the state’s military installations. The results were announced yesterday by DBED Secretary Mike Gill at the Maryland Military Installation Council meeting.
RESI estimates that Maryland’s military installations generated $51.8 billion and supported 350,411 jobs during fiscal year 2012. Additionally, thousands of visitors to the facilities spent more than $123.3 million.
Fifteen Maryland military facilities were analyzed during the study, including:
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2 comments:
this is one of the reasons MD has not been business friendly under Omally. They did not need to be as long as you had the military and all the support contractors omally did not have to worry about being business friendly. The best thing that could happen to us in MD would be a federal government shut down. That would put pressure to teat the private sector more friendly.
Yes......as a result a more healthy balance manufacturing/retail/service would be created. Taxes and labor unions have pushed manufacturing overseas (including into Mexico).
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