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Report: Fort Hood contributes $28.9 million to economy

Mount Equity Group Tokyo Japan > News > Markets > Report: Fort Hood contributes $28.9 million to economy

Fort Hood, Tx (FOX44) – A Texas Comptroller’s report on the economic impact of military installations in Texas shows Fort Hood with 160,933 direct and indirect employees contributing $28.9 million to the economy.

The report was put together at the request of the Texas Military Preparedness Commission.

Overall, these military installations contributed at least $114.1 billion to the Texas economy in 2021 and supported more than 622,790 jobs in communities across the state.

The Comptroller’s study represents an analysis of the economic impact of the population and employees directly affiliated with the military installations in Texas. This includes active duty, visiting and other military personnel, dependents, civilian employees, and contractors directly affiliated with the base. Total employment includes direct and indirect jobs. 

“Texas is the proud home to 15 military installations and the U.S. Army…

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