Fort Polk Army Base Economic Impact Analysis
CREC analyzed the economic impact of Fort Polk Army Base on surrounding communities in Louisiana, and the expected negative impact of a proposed force reduction of 6,500 troops and Army civilians on the same locations. The analysis builds on the work performed in 2013 for Louisiana Economic Development, in which CREC, working with Business Development Advisors, calculated the economic impact of defense spending and defense contracting in Louisiana and in eight regions of the state. The CREC and BDA team was also asked to review and comment on the socioeconomic analysis prepared for the Army 2020 Force Structure Realignment Supplemental Programmatic Environmental Assessment (SPEA), which also assessed the potential impact of a loss of 6,500 Army positions. Each of these actions was analyzed at the two parish, five parish, and state level using the IMPLAN modeling system to estimate the economic contribution of this key state-based military asset. The project helped inform the comments of Fort Polk Progress to the U.S. Army on the Army’s Supplemental Programmatic Environmental Assessment (SPEA) for Army 2020 force structure modifications.
About the Client
Fort Polk Progress
Fort Polk Progress, a regional organization focused on coordinating the efforts of the local communities, the State of Louisiana and the Louisiana Congressional delegation on supporting the Army, the mission at Fort Polk, and the quality of life for soldiers and families stationed in Louisiana. Fort Polk Progress is leading the Education Initiative, which aims to improve […]