Divest This!
15 November '10
Catching up to BDS-related stories closer to home, here’s another bit of information that can help put the whole divestment phenom into perspective.
According to a new study released recently, relations between Massachusetts and Israeli companies generates $2.4 billion in direct revenue and a total of $7.8 direct and indirect revenue for the Commonwealth, making this relationship responsible for approximately 6000 jobs in the region (mostly high-paying jobs in the information technology and life sciences sectors).
This research was performed by the independent firm Stax, Inc. and was commissioned by the New England-Israel Business Council. Because the purpose of this study was more financial than political, Stax was asked to make conservative assumptions when performing its analysis.
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