The Regional Impact of Defense Spending: Considerations of the Economic Consequences of Defense Expenditures, 1947-1977

摘要

The report is based on an extensive review of the literature--congressional hearings, defense publications, executive announcements, and academic works--relating to the economic ramifications of Defense Department actions. The analysis covers the thirty-year period of 1947-1977. The study finds that defense spending has altered the economic landscape of the U.S. Defense contracts were a major factor in the economic growth of Western states and aided the economic growth of the South. The sixteen states of the Northeast-Midwest have lost a disproportionate share of the defense dollar since the 1950's, and now receive a lower level of military spending than any other area of the country.