The San Diego Military Advisory Council (SDMAC), formed in 2004, provides a bridge between the military and the San Diego community by helping address military business issues and supporting efforts to improve the quality of life of service members and their families.
Recently, SDMAC announced its plan to update its 2008 Military Economic Impact Study was under way. The updated study will provide significant analysis of the depth and breadth of the economic impact of the military community upon the San Diego region.
"The military has played a central part in the development of the San Diego region for numerous decades," said Tony Nufer, 2010 SDMAC president. "And, while the military's mission is primarily national defense, the large military presence in San Diego has also provided numerous benefits -- economic and otherwise -- to the area's residents. The study illustrates this impact."
The 2008 Military Economic Impact Study estimated that the San Diego military would contribute approximately $24.6 billion in economic impact to the regional economy and account for 27 percent of all jobs within the San Diego region in 2008. By offering high-quality jobs, contracting with local companies and investing in cutting-edge research, the military has been, and continues to be, a vital catalyst for San Diego economic growth and development.
The soon-to-be released 2009 Military Economic Impact Study will provide an update of the financial analysis presented in the 2008 study. Additionally, the new study will highlight some of the military's impact on San Diego that cannot be quantified by economic data alone. For example, the military supports environmental stewardship and conservation as well as personal volunteerism within the community's schools and charitable organizations.
The updated study is anticipated to be released during the first quarter of 2010. To track its availability and to learn how to obtain a copy, visit SDMAC's Web site at www.sdmac.org.