Fort George G. Meade & NSA contribute nearly $18 billion to state's economy

The Maryland Department of Business and Economic Development recently released a new report that highlights the impact the military installations in Maryland have on the state.

Mission Maryland: Measuring Economic Impact of Maryland’s Military Installations reported the state's military facilities contribute $36 billion to the state’s economy — 7.5 percent of the total economic activity. The study determined that the installations create or support more than 268,000 jobs and an estimated $17.1 billion in compensation.

Fort George G. Meade and the National Security Agency report the largest level of employment, payrolls and purchases in Maryland and together generate a total of$17.8 billion in economic activity in Maryland — or 49.4 percent of the total $36 billion in economic impact from all of the military installations. Fort Meade and the NSA create or support 125,729 jobs earning an estimated $9.2 billion in employee compensation. The direct Fort Meade and NSA employment of 48,389 accounts for 1.4 percent of all employment in Maryland and when multiplier impacts are included, the 125,729 jobs in, created or supported by Fort Meade and the NSA account for 3.6 percent of all employment in Maryland.

For the complete Mission Maryland report, CLICK HERE