Posted 12 September 2013 | Base Realignment and Closure, BRAC, Economy, Louisiana

Military bases, defense contracts, retirees bring $8.7 billion to Louisiana economy, study says

The military presence and defense contracts pumped more than $8.7 billion into the Louisiana economy during the 2012 fiscal year, with almost one third of the money tied to bases and activities in the New Orleans area, according to a summary of a long-sought economic impact analysis...