Abbott Releases Economic Impact Of Military Installation Report

A new Texas-commissioned study looking at the economic impact of military installations is being released. Governor Greg Abbott's Office released the report today saying the facilities contributed around $123 billion to the economy and almost 634,000 direct and indirect jobs. Joint Base San Antonio led the output with 41-billion while Fort Hood and Fort Bliss reported around $30 billion and $26 billion, respectively. Abbott says the jobs give critical stability to communities in the state.

“Texas is the proud home to 15 military installations and the U.S. Army Futures Command,” said Governor Abbott. “Not only are these military installations critical for the defense of our nation, they support more than 630,000 jobs in communities across this great state and are a key driver of the Texas economy. Now more than ever, these jobs add critical stability for communities focused on economic recovery following the COVID-19 pandemic. That is why I will continue to work with the Texas Legislature and TMPC to ensure that military installations in Texas keep adding unmatched value for our nation.”

“The military installations in Texas are a vital contribution to our strategic national defense and provide a significant economic impact on the entire state economy,” said Texas Comptroller Glenn Hegar. “In most cases these bases and the men and women who work there are the lifeblood of their communities – supporting local businesses, buying homes and creating the fabric of their neighborhoods. But the economic impact can be felt by every Texan and supports jobs in a wide variety of industries and sectors of the state economy. I applaud the Governor’s efforts to ensure continued support for these important installations.”

Photo: Getty Images

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