City Council Work Session – Draft Troop Reduction Study

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 ↓

2017impactontroopreduction

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
Cumberland County -1,615.00 ($88,152,857) ($98,514,207) ($1,712,323)
Harnett County -2.2 ($56,379) ($214,959) ($3,151)
Hoke County -0.8 ($11,966) $58,918 ($699)
Total Impact -1,618,90 ($88,221,203) ($98,788,084) ($($1,716,173)

 

 

 

Print Friendly, PDF & Email

Published by Angie Hedgepeth

Angie Hedgepeth, Government Affairs Director for the Association, attends all the local meetings each month, as well as NAR and NCAR meetings, and keeps members abreast of the multiple issues being addressed in local, state and national government. She prepares reports on the meetings she attends and they are included in the weekly "Government Affairs Update".