Fort Drum releases 2018 Economic Impact Statement
FORT DRUM, NY (March 25, 2019) – Fort Drum continued to play a significant role in northern New York's economy during Fiscal Year 2018 with the largest increase since 2006.
A detailed review of Fort Drum's economic impact on the tri-county area over the last fiscal year shows $1,483,210,851 was leveraged in support of the 14,960 Soldiers and 18,329 Family Members living here.
Since Fiscal Year 1988, this Army installation has infused more than $26,172,419,296 into the local economy.
Fort Drum is the largest single-site employer in northern New York, with payrolls from military, civilian, contractor and retirees totaling $1,195,525,685.
Area school districts received $40,582,883 for federal impact aid in FY18.
Fort Drum is a major customer for construction companies and suppliers of goods and services in northern New York. The Mission and Installation Contracting Command (MICC) at Fort Drum awarded $22.9 million to tri-county contractors. Overall spending in contract construction, supplies and services (not including MEDDAC, DENTAC, or TRICARE) totaled $58,011,908.
During FY18, Fort Drum provided training and base operations support for more than 27,000 Reservists and National Guardsmen as well as personnel from other federal, state and local agencies.
The 2018 Fort Drum Economic Impact Statement is available at this link: https://home.army.mil/drum/application/files/9915/4765/6787/2018_Fort_Drum_EIS.pdf.
(Fort Drum Public Affairs Office)