Projected Defense Purchases: Detail by Industry and State. Calendar Years 1999 Through 2005
Abstract
This report presents estimates of defense purchases during calendar years 1999-2005 from 50 industries that are major defense suppliers. The report also provides projections of defense-related employment and of defense and defense-related spending for each of the 50 states and the District of Columbia during 1999-2005. The estimates are based on the President's budget submission of February 1999, and on the geographic distribution of the major components of defense spending in the recent past. A description of the model and data used to generate the estimates may found in supporting documentation. The figures reported here are projections; they do not necessarily reflect what actual defense expenditures will be in various industries or states in future years. Purchases from particular industries will depend upon the size and composition of the defense budget enacted by the Congress; the location of purchases will be determined not only by the level of defense spending, but also by the location of industries and by competition among firms within industries, both for prime contracts and for subcontracts. The projections therefore serve as benchmarks: they describe the future pattern of defense and defense-related expenditures, assuming that each state's shares of the various components of defense activity remain as they were in the recent past. The input-output model used to produce the projections was completely rebuilt in 1996, and the definitions of industries for which projections are reported have changed. (The new projections divide the economy into 320 industries, rather than the 429 industries employed in the previous model.) The restructured model produces more accurate and useful projections; the changes are significant enough to render comparisons with projections made before 1996 inappropriate, for states as well as industries.
Document Details
- Document Type
- Technical Report
- Publication Date
- May 01, 1999
- Accession Number
- ADA372332
Entities
Organizations
- Office of the Secretary of Defense