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Military's economic impact in Louisiana totals over $7 billion

Source: wwl.com - Jan 23, 2018

A Business Development Advisors study shows military related spending in Louisiana accounts for $7.7 billion in economic output and 77-thousand military related jobs. That includes the seven military bases and the Louisiana National Guard. Louisiana Economic Development Secretary Don Pierson says there is a forgotten group that helps to add to the economy, 27-thousand military retirees.

"Retirees are great. They don't have kids in school and they aren't putting heavy loads on public resources and again they are contributing significant to our economy."

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Category: General Business