Space Coast Sees “Boost” from Defense, Aerospace Industry Written 26 November 2018
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UPI reported that the economy of Florida’s Space Coast “is getting a boost from space and defense companies that are bringing back high-paying tech jobs to an area hit hard by the 2008 recession and the 2011 retirement of NASA’s space shuttle program.” Although government agencies such as NASA brought fame to the area, “it is largely private space companies and defense companies with lucrative government contracts that have accounted for the current growth.” The Space Coast Economic Development Commission “estimates that total investment came up to $1.68 billion with an economic impact of nearly $2.5 billion, which led to 8,718 new jobs, as well as more than 7,000 retained jobs” between October 2010 and September 2017.
More Info (UPI)
More Info (UPI)