Fort Drum Pumps $1.2B - Or $1.7B - Into Local Economy, Depending On Who You AskPosted: Updated:
Fort Drum's economic impact on the north country totaled more than $1.2 billion last year.
That's according to numbers released by the Army post Tuesday.
The Fort Drum Regional Liaison Organization (FDRLO) has a somewhat rosier figure at $1.7 billion. The FDRLO says that's nearly 12 percent of the north country's gross domestic product.
The difference between the two estimates, the FDRLO says, is because post officials report direct spending only and don't include the off-post jobs and business income stimulated by that spending.
The $1,222,191,919 overall impact for 2017 reported by Fort Drum officials was up from the $1,185,191,930 reported for 2016.
Fort Drum's analysis says the post has had a total impact of $24.7 billion since 1988.
Fort Drum's 15,110 soldiers earned nearly $732 million last year, post officials say. Civilian workers, including contractors, were paid a total of $196 million. The post is the state's largest single-site employer.
Besides the soldiers, 15,455 family members also live in the area.
In addition to that, the FDRLO says about 5,600 jobs exist, not on the post, but because of it.
In total, the FDRLO says, about 22 percent of those employed have jobs because of Fort Drum.
The FDRLO estimates that 22,866 of those job holders live in Jefferson County, 1,104 in Lewis, 232 in St. Lawrence, and 252 outside the tri-county area.
Here's more from Fort Drum's analysis:
The military, civilian, contractor and retiree payroll was $993 million.
The 3,000 military retirees in the region are paid a total of around $63 million a year.
Area school districts received just shy of $38 million in federal impact aid.
Fort Drum awarded 167 contracts last year valued at $21 million to contractors in Jefferson, Lewis and St. Lawrence counties. North country businesses received almost $13 million for supplies and services.