“SALT LAKE CITY — The Utah defense industry has doubled since 2015 with a sharp increase in contracts and grants, according to a new report from the University of Utah’s Kem C. Gardner Policy Institute.
“Between the fiscal years of 2015 and 2019, the industry has increased in the state by 102,000 jobs and $9.1 billion in inflation-adjusted gross domestic product. It also generated $244.3 million in tax revenue for state and local governments.
“In 2019, the defense industry contributed $19.3 billion to the state’s GDP — 10.6% of the state’s total — and supported 211,000 jobs, roughly the same number of jobs in Utah’s education and health care sectors combined. It also directly and indirectly supported 10.3% of the state’s income and made up 9.5% of personal income.”
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