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⏲ Duration: 2 min 32 sec
✓ Published: 02-May-2022
✓ Published: 02-May-2022
Description:
The enormous economic impact of San Diego’s stalwart military and defense communities is undeniable.While many sectors of the San Diego economy contracted in 2021, direct defense spending rose to $35.3 billion -- a 5.3% increase over Fiscal Year 2020.The number of jobs supported by these sectors rose by 2% to 349,112.That's a whopping 25% ofSan Diego's Gross Regional Product (GRP), a driver that allowed San Diego to remain economically resilient even in the throes of the global COVID
The enormous economic impact of San Diego’s stalwart military and defense communities is undeniable.While many sectors of the San Diego economy contracted in 2021, direct defense spending rose to $35.3 billion -- a 5.3% increase over Fiscal Year 2020.The number of jobs supported by these sectors rose by 2% to 349,112.That's a whopping 25% ofSan Diego's Gross Regional Product (GRP), a driver that allowed San Diego to remain economically resilient even in the throes of the global COVID
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