Report: Defense department powers 18 percent of Hawaii economy
Up to 18 percent of Hawaii’s economy can be linked to spending by the U.S. Department of Defense, according to a new study from the RAND Corporation.
“It’s common knowledge that defense activity in Hawaii plays a significant role in Hawaii’s economy, but the size of that role has not been previously studied and quantified,” said James Hosek, lead author of the study and a senior economist at RAND, a nonprofit research organization.
Defense department spending in Hawaii averaged $6.5 billion per year during fiscal years 2007-2009. Of that, $4.1 billion was for personnel and $2.4 billion for the purchase of goods and services in Hawaii.Read more