Two new reports on the economic impact of Florida’s military installations show they provide hundreds of billions of dollars in value.
FloridaCommerce unveiled the Florida Defense Industry Economic Impact Analysis and the Florida Military and Defense Economic Impact Summary, showing the economic benefit is far-reaching in the Sunshine State.
Military bases and support installations dot nearly every region of Florida. The Florida Defense Support Task Force has been monitoring their economic impact for more than a decade and helped prepare the briefings.
The 241-page Florida Defense Industry Economic Impact Analysis concluded that there are stunning economic contributions from the more than 20 military installations in the state.
“The economic impacts (are) traceable to the more than $65 billion of defense expenditures that were injected into the state in 2022. In total, $102.6 billion … and 865,937 jobs were attributable to this spending,” said the executive summary that was completed in November.
That report found an increase of nearly 6,000 jobs and 6.2% in economic activity from the previous study, the analysis concluded.
The 48-page Military & Defense Economic Impact Summary was equally gaudy, detailing the amount the U.S. military is spending in Florida.
“From 2020 to 2022, the state experienced a 21% nominal increase in total direct defense spending, growing from $53.9 billion to $65.3 billion. This total growth comprised a 21% increase in personnel compensation (despite a slightly reduced number of personnel), a 16% increase in defense procurement, and a 26% increase in retiree pensions and veterans transfer payments (despite a decrease in total veterans),” the report’s overview said.
On top of all that, the state is now home to more than 1.6 million military veterans and retirees.
Bolstered by the results of the findings from the two reports, FloridaCommerce Secretary J. Alex Kelly said it’s clear Florida is one of America’s top military-friendly states.
“Under Gov. Ron DeSantis’ leadership, Florida has become the most veteran and military friendly state in the nation,” Kelly said in a news release. “Military and defense is the second-largest industry sector in Florida; protecting Florida’s 20 plus military installations and supporting Florida’s military communities is imperative for our continued economic prosperity and national security.”
4 comments
EARL PITTS AMERICAN
January 22, 2025 at 4:17 pm
Good Afternoon Sage Patriots,
We’ve got another Big Fire in Dook-a-Fornia they named the Hugh’s Fire … on track for more death & distruction … we should re-name them all “The Epic Fail 08iden SadMinistratuon Fires ….. due to their Dook 4 Brains Leftist Insanity to “Save some In-Significant-Smelt-Fish.
Anyway Thank God In Heaven Above this is Day Two of The Sage Trump Administration and we are back in control… Thanks and much Love,
EARL PITTS AMERICAN
JD
January 22, 2025 at 4:21 pm
Good Afternoon, Shitts,
Ah, the *“Hugh’s Fire”* — or should I say the *“Epic Capslock Fire of Shitts’ Imagination”*! It’s truly poetic how you’ve managed to link California wildfires to smelt fish, leftist conspiracies, and… somehow, Trump’s second term (which, spoiler alert, only exists in your Golden Shower Age dreams).
Meanwhile, in reality:
– Wildfires are fueled by climate change and poor land management, not fish-saving conspiracies.
– California, despite the flames, still has an economy bigger than most countries.
– And Florida’s economic boost? Credit the military, not your *Sage Trump Reign Fanfiction.*
Anyway, thank *God in Heaven Above* that humor like yours exists—makes the news so much more entertaining!
Warm regards (but not wildfire-warm),
JD, A Grateful Audience of Shitts’ Unintentional Comedy Hour
Earl Pitts "FIRE MARSHALL" AMERICAN
January 22, 2025 at 4:37 pm
Much Love and Thanks for your Sage follow-up my Besty, JD,
Everyone out there “In The Line of FIRE” in “DOOK-A-FORNIA” [ FKA Calafornia] is thanking Their Lucky Stars that Don “THE SAGE DONALD” TRUMP” is “LARGE & IN CHARGE” of our Great Nation rather than the “08iden” SadMinistration.
Thanks & Much Love to my Besty JD … You R The Man JD,
Earl Pitts “FIRE MARSHALL” AMERICAN
Earl Pitts "FIRE MARSHALL" AMERICAN
January 22, 2025 at 5:08 pm
Good Evening America,
As you all are aware, I, Earl Pitts “FIRE MARSHALL” AMERICAN, have agreed to accept The Presidential Medal of Honor, the same one our Beloved Rush Limbaugh got from Don “The Donald “47” Trump.
So prepare yourselves to “RELAX YOUR SPHINCTERS” and work on your “THANKS A-LOT EARL” KUDOS,
Thank you, JD, & Thank You, America,
EPA
*Queue Sage God Bless America by The Sage “RAY CHARLES & THE RAYETTS” To Further “WHIZZ OFF” all “Dook 4 Brains” Leftys,
Earl Pitts “FIRE MARSHALL” AMERICAN
*FREE BUMPER STICKER FOR YOUR SUBURU*
*THANK GOD FOR DON, EARL, & JD*