(The Center Square) - The latest round of movie and TV tax credits is projected to keep thousands of good-paying jobs in California and boost the state’s economy by $1.4 billion.

That breaks down to $1 billion in qualified in-state spending and $629 million in qualified wages, said Gov. Gavin Newsom’s office . The word “qualified” refers to tax credits.

The office says 52 productions benefiting from the tax credits employ an estimated 8,900 cast and crew members and 46,400 background performers or “extras.” California is offering the tax credits as it competes with other places that offer credits for filming there, such as the Canadian cities of Toronto, Ontario, and Vancouver, British Columbia, and states such as Georgia, New York and New Mexico.

But economist Wayne Winegarden says

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