Background: (from consultants memo) – The City of Fayetteville was awarded a grant from the Department of Defense Office of Economic Adjustment (OEA) to determine the prospective regional impact of troop reductions at Fort Bragg and to develop strategies to drive growth to offset military reductions.
The recommendations in this report align education, workforce development, and economic development with target industry sectors.
To view the full (200 page) report click below ↓
To view the City of Fayetteville report click below ↓
2017Fayetteville Presentation 02 06 and 02 14 a (2)
Hot Button Conclusions:
- Each 100 active duty military job in the region, support as many as 60 other jobs (including civilians at Fort Bragg)
- Each active duty military job can support an average of as much as $90,000 in labor income – representing soldier income plus income for a soldier’s share of supported jobs
- Scenarios show that a 3,000 troop reduction would result in the loss of between 3,630-5,000 full-time and part-time jobs, $450-$618 million in sales, $107-264 million in wages, and $5-$15 million in tax revenues
- The study recommends the region increase its business recruitment efforts by collaborating at a higher level and focusing on the target sectors of logistics and warehousing, defense and security, advanced manufacturing and business services
- Strategies could include grants and other funding to work with developers to increase the inventory of available quality of buildings and shovel-ready sites
|1000 Troops Reduction|
|Region||Employment||Labor Income||Output||State and Local Taxes|