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How San Diego Swapped One Government Moneymaker for Another

Lisa Halverstadt, VOICE OF SAN DIEGO

Thursday, November 6, 2014

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Nearly 21 percent of San Diego’s gross regional product – the annual value of goods and services produced by a region – is directly tied to federal, state and local government, almost double the 12 percent average for all metro areas nationwide, according to a recent analysis by the National University System Institute for Policy Research.
But even that doesn’t capture all the government cash flowing to San Diego. Economist Kelly Cunningham, who ran those numbers, estimates at least another 10 percent of the region’s output is tied to federal contracts and grants.