Impacts of Defense Spending Cuts on Industry Sectors, Occupational Groups, and Localities.
Abstract
DoD budgets consist of two principal types of expenditures: those that pay active duty military, selected reserve military, DoD civilian workers, and retirees; and those that purchase goods and services from the private sector. This report analyzes how DoD purchases impact the private sector and estimates the economic effects of reduced defense spending for goods and services. We use a broad definition of defense industries and workers that includes all defense prime contractors, their major subcontractors, and other private-sector suppliers to defense producers. Using various data and analytical tools, the economic impacts of DoD purchases of goods and services are considered at the industry, state, county, and occupational levels. While the overall effects of defense downsizing at the national level are minimal, some industries, states, counties, and occupations are substantially dependent upon DoD purchases and will experience severe negative impacts between 1991 and 1997.... Defense conversion, Defense downsizing, DoD Purchases, Defense workers.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 1993
- Accession Number
- ADA263683
Entities
People
- Donna J. Peterson
- Earl R. Wingrove Iii
- Scott E. Dahne
Organizations
- LMI