An Economic Analysis of the Dayton SMSA (1968-1975).
Abstract
Defense installations are improtant resources, both to the Department of Defense and to communities near those installations. This research provides an analysis of the response of the Dayton area economy to sharp drops in its export sector employment during 1968 to 1975. It was felt that such an approach could be a useful guide to DOD in deciding any possible future actions which could reduce employment at a defense installation in the Dayton metropolitan area. This analysis may also act as a guide for evaluation of the potential economic impact of other defense realignments in other geographic areas. The analysis found that the Dayton SMSA lost many manufacturing jobs, but that it, nevertheless, had a resilient economy which proved capable of absorbing the increased unemployment caused by the loss of these jobs. One reason for this resiliency was the local and national shifting of emphasis from manufacturing to non-manufacturing employment. Many Dayton SMSA manufacturing workers lost their jobs during the early 1970s, but, apparently, few of them left the area. The basic tools used in this study were export-import sector analysis and analysis of the migration of the work force into and out of the area. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1977
- Accession Number
- ADA047139
Entities
People
- Michael L. Collier
- Robert Saenz
Organizations
- Air Force Institute of Technology