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Report: Economic impact of Fort Drum in St. Lawrence, Jefferson, Lewis counties for 2018 is $1.9 billion

Posted 3/28/19

The Fort Drum Regional Liaison Organization (FDRLO) estimates that Fort Drum’s 2018 economic impact totaled $1.9 billion in the three-county region that includes the St. Lawrence, Jefferson, and …

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Report: Economic impact of Fort Drum in St. Lawrence, Jefferson, Lewis counties for 2018 is $1.9 billion

Posted

The Fort Drum Regional Liaison Organization (FDRLO) estimates that Fort Drum’s 2018 economic impact totaled $1.9 billion in the three-county region that includes the St. Lawrence, Jefferson, and Lewis counties.

The report estimates the direct, indirect and induced economic impact for St. Lawrence County at $47.5 million in 2018. They say 252 St. Lawrence County jobs are the result of Ft. Drum’s impact.

The report also claims that $15.7 million in local tax revenues for the county and $6.6 million in state tax revenues to the county are generated by Ft. Drum activity.

The “value-added” or indirect portion of the three-county impact accounts for nearly 15 percent of the region’s Gross Domestic Product, the FDRLO analysis model estimates that in addition to the 19,086 military and civilian personnel directly employed at Fort Drum in 2018 (which makes it the largest single-site employer in New York State), Fort Drum spending also supported an additional 6,458 jobs in the general regional economy.

“Those are jobs not on Fort Drum, but that exist off-post because of Fort Drum,” said Edward “Fritz” Keel, FDRLO executive director.