Governor Mike Parson announced recently that the military spends approximately $18.2 billion in Missouri, accounting for more than $29 billion in economic activity.
The study found that military spending contributes $11 billion to Missouri workers, and supports more than 180,000 jobs or about 7% of the state’s workforce. The $29 billion in economic activity equals about 9% of Missouri’s Gross State Product (GSP), which is the monetary value of all the goods and services produced in the state. The impacts are based on the latest available federal data from FY 2018.
~ Read more in today’s Journal ~
Facebook Comments