Report shows impact of military on county's economy - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

Report shows impact of military on county's economy

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SAN DIEGO (CBS 8) - A new report is showing the huge impact the military has on San Diego's economy.

The report was compiled by the Military Advisory Council and indicates that San Diego is not feeling as much of an impact from national defense budget cuts as previously feared.

Mayor Kevin Faulconer says 20 percent of San Diego's gross regional product depends on the military.

"Today's report reiterates how important the military is but also, we cannot take it for granted. We have to continuously insure that we're fighting to make sure that we maintain that strong presence. How important these jobs are for our region, how important it is to our economy," Faulconer said.

The report shows that the military sector is responsible for about one in five jobs in the county.

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