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Hospitals new No. 1 industry in S.F., report shows
San Francisco Chronicle

San Francisco hospitals inject $15.3 billion a year into the economy, account for nearly 99,000 jobs or about 18 percent of the city’s workforce, making the industry one of the healthiest in the city’s economy, according to a report released today.

Tourism and hospitality is considered the city’s largest industry for the number of direct and indirect jobs they generate, but the report makes the case that more spending comes from San Francisco’s vigorous medical industry. Not only do hospitals spend money on wages, benefits and supplies, the employees and companies they pay also support the local economy.