The Southwest Defense Alliance and Southern California Leadership Council
just released a report titled "The Economic Impact of the National Defense
Drawdown and Sequestration on the Southwest Region: 2009-2017," which finds
that in the Southwest Region, the "economic impacts from the projected and
proportional spending decrease" between 2009 and 2017 would amount to:
California
-336,000 lost jobs
-$21.4 billion in decreased economic output