Report details military's economic impacts on state

Published: Friday, November 8, 2013 at 11:08 AM.

The military is expected to generate 10 percent of North Carolina’s total economy in 2013.

An analysis released this week by the N.C. Department of Commerce projects the gross economic impact of the military on North Carolina to be $48 billion, roughly 12 percent of the state gross product.

The military is generating an estimated 540,000 jobs: 340,000 private sector jobs, 140,000 federal military jobs, and 60,000 state and local government jobs. They come primarily from operations at seven military bases in the state but also include “spillover” from bases outside the state.

The report concludes that $30 billion in state personal income comes from the military.

Jimmy Sanders, president of the Allies For Cherry Point Tomorrow lobby group, said he had been on vacation and was busy campaigning for Havelock mayor and had not read the full report.

“But I’m not surprised to see this,” he said. “I think that anybody who doesn’t know how significant the military is to this state and area should read it though. That’s why we work so hard to save the goose that lays the golden egg.”

Marc Finlayson, director of ACT, said the report shows the importance of the military throughout the state.

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