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==Economy== {|class="wikitable floatright" style="font-size: 90%; max-width: 260px;" |- |+ Largest Employers in El Paso<ref>{{Cite book|title=El Paso Inc. Book of Lists|publisher=El Paso Inc.|year=2021|edition=2021 Lists|pages=58}}</ref> |- ! # ! Employer !Number of Employees |- | 1|| style="text-align: left;" |[[Fort Bliss]] |47,628 |- | 2|| style="text-align: left;" |[[El Paso Independent School District]] |7,875 |- |3 |[[Socorro Independent School District]] |7,195 |- | 4 || style="text-align: left;" |City of El Paso |6,840 |- | 5|| style="text-align: left;" |T&T Staff Management |6,187 |- | 6 || style="text-align: left;" |[[Ysleta Independent School District]] |6,022 |- | 7 || style="text-align: left;" |[[Tenet Healthcare|The Hospitals of Providence]] |5,300 |- | 8 || style="text-align: left;" |[[University of Texas at El Paso]] |3,170 |- | 9 || style="text-align: left;" |[[El Paso Community College]] |3,102 |- | 10 || style="text-align: left;" |[[El Paso County, Texas|El Paso County]] |2,980 |- | 11 || style="text-align: left;" |[[University Medical Center (El Paso, Texas)|University Medical Center]] |2,800 |- | 12 || style="text-align: left;" |DATAMARK Inc. |2,800 |- | 13 || style="text-align: left;" |Alorica |2,500 |- | 14 || style="text-align: left;" |GC Services Lp |2,250 |- | 15 || style="text-align: left;" |Las Palmas Del Sol Healthcare |2,184 |} [[File:Helen of Troy Limited corporate office.jpg|thumb|[[Helen of Troy Limited]] corporate office|left]] El Paso has a diversified economy focused primarily within [[international trade]], military, government civil service, [[oil and gas]], health care, tourism, and [[Service (economics)|service]] sectors. The El Paso metro area had a GDP of $29.03 billion in 2017.<ref>{{cite web|url=https://www.bea.gov/system/files/2018-09/gdp_metro0918_0.pdf|title=Bureau of Economic Analysis Gross Domestic Income by Metropolitan Area 2017|date=September 18, 2018|website=Bureau of Economic Analysis|access-date=February 20, 2019}}</ref> There was also $92 billion worth of trade in 2012.<ref>{{cite web|url=http://www.elpasoinc.com/news/q_and_a/article_4017d252-d123-11e2-83eb-001a4bcf6878.html |title=Mayor John Cook The Exit Interview |publisher=El Paso Inc |date=June 9, 2013 |access-date=August 20, 2013}}</ref> Over the past 15 years the city has become a significant location for American-based [[call centers]]. Cotton, fruit, vegetables, and livestock are also produced in the area. El Paso has added a significant manufacturing sector with items and goods produced that include petroleum, metals, medical devices, plastics, machinery, defense-related goods, and automotive parts. On July 22, 2020, Amazon announced plans to open the first 625,000 square foot fulfillment center in El Paso.<ref>{{cite web|url=https://press.aboutamazon.com/news-releases/news-release-details/amazon-announces-first-fulfillment-center-el-paso | title= El Paso Fulfilmment | date= July 22, 2020 |publisher= Amazon|access-date= December 16, 2020}}</ref> Owing to its location on a border, the city is the second-busiest international crossing point in the U.S. behind [[San Diego]].<ref>{{cite web |url=http://transborder.bts.gov/programs/international/transborder/TBDR_BC/TBDR_BC_QuickSearch.html |title=Top Ports of Border Crossings |publisher=RITA |year=2013 |access-date=February 16, 2014 |archive-date=February 21, 2014 |archive-url=https://web.archive.org/web/20140221162051/http://transborder.bts.gov/programs/international/transborder/TBDR_BC/TBDR_BC_QuickSearch.html |url-status=dead }}</ref> El Paso is home to one [[Fortune 500|''Fortune ''500]] company, [[Western Refining]], which is listed on the [[New York Stock Exchange]] (NYSE).<ref>{{cite web |url=http://governor.state.tx.us/files/ecodev/Fortune_500.pdf |title=Fortune 500 Headquarters in Texas β Office of the Governor Economic Development and Tourism. |work=Fortune 500 |date=May 2013 |access-date=July 27, 2013 |url-status=dead |archive-url=https://web.archive.org/web/20130615090639/http://governor.state.tx.us/files/ecodev/Fortune_500.pdf |archive-date=June 15, 2013}}</ref> This makes the city one of six Texas metro areas to have at least one ''Fortune'' 500 company call it home; the others being [[Houston]], [[Dallas-Fort Worth]], [[San Antonio]], [[Austin, Texas|Austin]], and [[Corpus Christi, Texas|Corpus Christi]].<ref>{{cite magazine |url= http://governor.state.tx.us/files/ecodev/Fortune_500.pdf |title= FORTUNE 500 Headquarters in Texas β Office of the Governor Economic Development and Tourism. |magazine= Fortune Magazine |date= May 2013 |access-date= June 29, 2013 |url-status= dead |archive-url= https://web.archive.org/web/20130615090639/http://governor.state.tx.us/files/ecodev/Fortune_500.pdf |archive-date= June 15, 2013 |df= mdy-all }}</ref> The second publicly traded company is [[Helen of Troy Limited]], a [[NASDAQ]]-listed company that manufactures personal health-care products under many labels, such as [[OXO (kitchen utensils brand)|OXO]], [[Dr. Scholl's]], [[Vidal Sassoon]], [[Pert Plus]], [[Brut (cologne)|Brut]], and [[Sunbeam Bread|Sunbeam]], and the third is [[El Paso Electric]] listed on the NYSE, a [[public utility]] engaging in the generation, transmission, and distribution of electricity in West Texas and southern New Mexico. The fourth publicly traded company is Western Refining Logistics, also traded in the NYSE. It is a Western Refining subsidiary, which owns, operates, develops, and acquires terminals, storage tanks, pipelines, and other logistics assets. More than 70 ''Fortune'' 500 companies have offices in El Paso, including [[AT&T]], [[Automatic Data Processing|ADP]], [[Boeing]], [[Charles Schwab Corporation|Charles Schwab]], [[Delphi (auto parts)|Delphi]], [[Dish Network]], [[Eureka (company)|Eureka]], [[The Hoover Company|Hoover]], [[Raytheon]], [[USAA]] and [[Verizon Wireless]].<ref>{{cite web|url=http://www.city-data.com/us-cities/The-South/El-Paso-Economy.html |title=El Paso: Economy β Major Industries and Commercial Activity | publisher=www.City-Data.com |access-date=February 16, 2014}}</ref><ref>{{cite web|url=http://www.elpasotimes.com/News/ci_26208965/Charles-Schwab-to-bring-445-jobs-to-El-Paso |archive-url=https://archive.today/20150209103712/http://www.elpasotimes.com/News/ci_26208965/Charles-Schwab-to-bring-445-jobs-to-El-Paso |url-status=dead |archive-date=February 9, 2015 |title=Charles Schwab to bring 445 jobs to El Paso | newspaper=El Paso Times |date=July 24, 2014 |access-date=February 6, 2015}}</ref> Hispanic Business Magazine included 28 El Paso companies in its list of the 500 largest Hispanic owned businesses in the United States.<ref>{{cite web|url= http://www.elpasotimes.com/business/ci_23756480/el-pasos-28-companies-second-nation-hispanic-business.html |archive-url= https://archive.today/20130825073215/http://www.elpasotimes.com/business/ci_23756480/el-pasos-28-companies-second-nation-hispanic-business.html |url-status= dead |archive-date= August 25, 2013 |title=El Paso's 28 companies second in nation for Hispanic Business 500 |newspaper=El Paso Times |date=July 30, 2013|access-date=August 1, 2013}}</ref> El Paso's 28 companies are second only to Miami's 57. The list of the largest Hispanic owned businesses includes companies like [[Fred Loya Insurance]], a [[Hispanic 500]] company and the 18th largest Hispanic business in the nation. Other companies on the list are [[Dos Lunas Tequila|Dos Lunas Spirits]], Dynatec Labs, [[Spira Footwear]], DATAMARK, Inc. and [[El Taco Tote]]. El Paso was home to [[El Paso Corporation]] formerly known as El Paso Natural Gas Company. The city also has a large military presence with Fort Bliss, [[William Beaumont Army Medical Center]], and [[Biggs Army Airfield]]. The defense industry in El Paso employs over 41,000 and provides a $6 billion annual impact to the city's economy.<ref>{{cite news|url= http://www.elpasotimes.com/newupdated/ci_22747724/study-fort-bliss-beaumont-medical-center-infuse-6html.html |archive-url= https://archive.today/20130825073153/http://www.elpasotimes.com/newupdated/ci_22747724/study-fort-bliss-beaumont-medical-center-infuse-6html.html |url-status= dead |archive-date= August 25, 2013 |title=Fort Bliss, Beaumont infuse $6 billion into El Paso economy | newspaper=El Paso Times |date=March 8, 2013 |access-date=January 3, 2015}}</ref> In 2013, Fort Bliss was chosen as the newly configured [[United States Air Force|U.S. Air Force]] Security Forces Regional Training Center which added 8,000 to 10,000 Air Force personnel annually.<ref>{{cite web|url=http://www.kvia.com/news/us-air-force-choose-ft-bliss-to-house-it-training-center/-/391068/20751984/-/3radk2z/-/index.htmlhtml |archive-url=https://archive.today/20130825063854/http://www.kvia.com/news/us-air-force-choose-ft-bliss-to-house-it-training-center/-/391068/20751984/-/3radk2z/-/index.htmlhtml |url-status=dead |archive-date=August 25, 2013 |title=U.S. Air Force chooses Ft. Bliss for training center |publisher=KVIA | date=June 27, 2013 |access-date=July 27, 2013}}</ref> In addition to the military, the federal government has a strong presence in El Paso to manage its status and unique issues as an important border region. Operations headquartered in El Paso include the DEA Domestic Field Division 7, [[El Paso Intelligence Center]], [[Joint Task Force North]], [[United States Border Patrol|U.S. Border Patrol El Paso Sector]], and U.S. Border Patrol Special Operations Group. Call-center operations employ more than 10,000 people in the area.{{citation needed|date=December 2016}} [[Automatic Data Processing]] has an office in West El Paso, employing about 1,100 people with expansion plans to reach 2,200 by 2020.<ref>{{cite news |url=http://www.elpasotimes.com/latestnews/ci_26514988 |title=ADP plans to add 1,100 jobs in El Paso by 2020 |newspaper=El Paso Times |date=September 12, 2014 |access-date=September 12, 2014 |url-status=dead |archive-url=https://archive.today/20140912194039/http://www.elpasotimes.com/latestnews/ci_26514988 |archive-date=September 12, 2014}}</ref> Tourism is another major industry in El Paso, bringing in $1.5 billion and over 2.3 million visitors annually due to the city's sunny weather, natural beauty, rich cultural history, and many outdoor attractions.<ref>{{cite web|url=http://www.elpasotexas.gov/muni_clerk/meetings/sccm0718120900/CVB%20Final%207-19-12.pdf |archive-url=https://web.archive.org/web/20140222234932/http://www.elpasotexas.gov/muni_clerk/meetings/sccm0718120900/CVB%20Final%207-19-12.pdf |url-status=dead |archive-date=February 22, 2014 |title=Convention and Tourism Highlights β City of El Paso FY2013 Manager's Proposed Budget | publisher=El Paso Convention & Visitor's Bureau |access-date=June 14, 2013}}</ref> Education is also a driving force in El Paso's economy. El Paso's three large school districts are among the largest employers in the area, employing more than 20,000 people among them. UTEP has an annual budget of nearly $418 million and employs nearly 4,800 people.<ref>[http://vpbasrvweb00.utep.edu/images/docs/statereport/Operating.Budget-FY.12-13.pdfhtml] {{Dead link|date=December 2016}}</ref><ref>[http://utep.universityvisitorsnetwork.com/economic_impact.phphtml] {{Dead link|date=December 2016}}</ref> A 2010 study by the university's Institute for Policy and Economic Development stated the university's impact on local businesses is $417 million annually.<ref>{{cite web |url=http://www.utsystem.edu/cont/reports_publications/LARs/ELPLAR1213%20Hearing.pdf |title=A University on the Move-Becoming the first National Research University with a 21st-century student demographic |publisher=utsystem.edu |access-date=June 20, 2013 |archive-url=https://web.archive.org/web/20161229034517/http://www.utsystem.edu/cont/reports_publications/LARs/ELPLAR1213%20Hearing.pdf |archive-date=December 29, 2016 |url-status=dead }}</ref>
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