Savannah Chamber

2023 Economic Trends Brochure

Issue link: http://savannah.uberflip.com/i/1489710

Contents of this Issue

Navigation

Page 48 of 63

49 Savannah Area Chamber of Commerce 2023 Economic Trends 17 Industry: Military and Federal Government The federal government presence in southeastern Georgia is a substantial and steadying component of the regional economy. In additional to the notable military presence in the region, additional federal government agencies are present including the U.S. District Court, U.S. Army Corps of Engineers, U.S. Customs & Border Protection, U.S. Department of Agriculture, U.S. Consumer Product Safety Commission, U.S. Fish and Wildlife, U.S. Census Bureau, and Internal Revenue Service. Ft. Stewart, located in the Hinesville MSA immediately south of the Savannah metro region, and Hunter Army Airfield (AAF) in the City of Savannah generate substantial economic activity in the Savannah CSA. Ft. Stewart and Hunter AAF have an annual financial impact of $5 billion. Fort Stewart is the largest military installation east of the Mississippi River and covers nearly 288,000 acres with another 6,000 acres at Hunter Army Airfield. In 2021, total military employment in the Savannah and Hinesville MSAs was 22,552 while federal civilian employment was 6,645. In addition, over 11,300 retired military personnel make their home in southeastern Georgia. Military and Federal Government Employment in Savannah and Hinesville MSAs Military Personnel Federal Civilian Workers Employment Compensation (Billions) Compensation per Employee Employment Compensation (Millions) Compensation per Employee 2021 22,552 $2.1 $94,700 6,645 $660 $99,400 2020 21,962 $2.0 $90,400 6,804 $643 $94,500 2019 21,695 $1.9 $87,000 6,719 $632 $94,100 2018 21,008 $1.8 $88,000 6,645 $613 $92,300 2017 20,989 $1.8 $87,500 6,670 $603 $90,500 Source: U.S. Department of Commerce, Bureau of Economic Analysis, Tables CAINC6N and CAEMP25N. Note. Compensation includes wages and salaries as well as benefits. The Savannah Air National Guard Base is at the Savannah/Hilton Head International Airport. Based there are the 165th Airlift Wing, and the Air Dominance Center. Located at Hunter Army Airfield is the Georgia Air National Guard's 117 th Air Control Squadron. The 165 th 's mission focus is Air Mobility - flying the C-130 Hercules cargo aircraft - delivering global air transportation of equipment and supplies during times of war and natural disasters. The mission of the 117 th is focused around providing air control (radar) services for combat air operations. The Air Dominance Center (ADC), a Combat Readiness Training Center, plays host to units from across the country benefiting from the tremendous airspace and facilities supporting the world's most technologically advanced fighter aircraft. Notably, funding for a $24 million hangar to support the Air Force's most modern aircraft has been secured. The ADC also supports many national level DOD conferences annually. The direct expenditures of 165 th Airlift Wing are $102 million, 80% of which is compensation and allowances to military and civilian personnel. In 2019, the total economic impact was $174 million. Air National Guard 165th Airlift Wing FY 2018 Military/Civilian Pay and Allowances $81,488,851 Goods and Services $19,786,190 Military Construction $1,086,700 Direct Expenditures $102,361,741 Economic Impact Multiplier 1.7 Total Economic Impact $174,014,959 Source: Georgia Air National Guard, 1/20.

Articles in this issue

Archives of this issue

view archives of Savannah Chamber - 2023 Economic Trends Brochure