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Regional Data Book, Vol. XI, 2009
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MILITARY SPENDING IMPACT
Breakdown of Military spending Impact on North Carolina Gross State Product, Employment, Labor Force, and Population:
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Contributions to GDP (in billions) |
Employment (Persons) |
Labor Force (Persons) |
Impacted Population
(Persons) |
Total Impact |
$18.01 |
330, 380 |
320, 300 |
316,700 |
Operations |
$15.2 |
261,600 |
68,520 |
304,500 |
Contracts |
$1.43 |
28,350 |
5,125 |
5,320 |
Retirees,Vet |
$1.5 |
30,230 |
6,181 |
6,571 |
Camp Lejune |
$5.2 |
91,840 |
22,640 |
89,390 |
Fort Bragg/Pope |
$4.7 |
82,620 |
20,710 |
84,540 |
Cherry Point |
$1.6 |
27,480 |
6,150 |
19,020 |
Seymour Johnson |
$0.9 |
14,900 |
3,750 |
15,420 |
Source: East Carolina University Regional Development Services & Regional Economic Models, Inc. in cooperation with NCSU Economic Development Partnership, Feb 2005.
The expected economic impact of additional military spending on the 11 counties in the southeastern region on North Carolina as a result of BRAC is summarized below:
Economic Impact of Additional Military Investment 2013
Personal Income |
+ $1.47 billion |
Disposable Income |
+ $1.27 billion |
Gross Regional Product |
+ $1.11 billion |
Total Sales (output) |
+ $.86 billion |
Total Demand |
+ $1.69 billion |
Source: www.bracrtf.com
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NORTH CAROLINA'S SOUTHEAST
The Regional Economic Development Marketing Organization
For Southeastern North Carolina
707 West Broad Street, P.O. Box 2556, Elizabethtown,
NC 28337
Phone: 800-787-1333 Fax: 910-862-1482 |
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