Econ Focus
Benefits and Burdens of Expanded Military Bases
Many military bases in the Fifth District are expanding as a result of the 2005 Base Realignment and Closure Plan, scheduled for completion by mid-September. Economic benefits may loom in the long run, but the influx may cause short-term pain as communities cope with crowded schools and congested roads.
Related Links
Gonzales, Oscar. "Economic Development Assistance for Communities Affected by Employment Changes Due to Military Base Closures (BRAC)." Congressional Research Service, June 2009.
Owyang, Michael T., and Sarah Zubairy. "Who Benefits from Increased Government Spending? A State-Level Analysis." Federal Reserve Bank of St. Louis, Working Paper, June 2010.
Wilkerson, Chad, and Megan Williams. "How is the Rise in Defense Spending Affecting the Tenth District Economy?" Federal Reserve Bank of Kansas City Economic Review, Second Quarter 2008, pp. 49-79.