Florida gains economically through DoD contracts

by: Matthew Potter
February 2, 2008

Category: Federal Budget Process, Florida | RSS 2.0

The Bradenton Herald reports on the economic impact of DoD contracts for the Miami area, and Florida in general, here. Since 2003, DoD contracts have been growing by 9% a year. The state expects continued growth in this area. In 2007 there was $52 B of activity related to these contracts in the state. One impact that is not always noted is the high salaries that defense contractors make relative to other industries.

Share this:
Share this page via Email Share this page via Stumble Upon Share this page via Digg this Share this page via Facebook Share this page via Twitter

| Give a Comment | trackback