Wednesday, February 1, 2012

Connecticut Defense Cuts Breakdown Economic Impact Report

Connecticut Defense Breakdown Economic Impact Report

Defense Contracts by Congressional District (est.), Connecticut, 2010

Sorted by Congressional District

Go to http://www.forthecommondefense.org/reports/ct/index.html to view detailed reports on Connecticut counties, cities, Congressional Districts, industries, small businesses and information on sources and methodology.

9%: In 2012, President Obama limited U.S. military capability to fighting one "regional conflict" and one "holding action." Defense budgets for 2013-2021 were cut $487 billion -- a 9% cut, at a minimum.

18%: "Sequestration," required by law in 2011, mandates $500 billion more in 2013-2021 defense cuts -- an 18% cut, at a minimum. President Obama said he will veto any changes Congress makes.

Be Prepared: In 2013 these cuts in defense jobs and businesses will hit Connecticut counties, cities and industries. This report shows how "National Average" defense budget reductions of at least 9% and 18% could affect Connecticut, using actual 2010 Connecticut data.

Ask Questions: In 2012, Congress and President Obama will decide on the specific defense budget cuts. In the next 6 months, find out if these defense cuts affect your community more -- or less -- than this national average. See www.forthecommondefense.org/reports for reports on cities, counties, industries and more.

State Contract Year District Contract Count $ Amount Reduction by 9.0% Reduction by 18.0%

Connecticut 2010 1st - John B. Larson (D) 2,125 $3,269,056,612 -$294,215,107 -$588,430,214
Connecticut 2010 2nd - Joe Courtney (D) 1,634 $3,696,313,118 -$332,668,194 -$665,336,388
Connecticut 2010 3rd - Rosa L. DeLauro (D) 1,898 $1,971,408,854 -$177,426,804 -$354,853,608
Connecticut 2010 4th - Jim Himes (D) 1,866 $2,338,074,661 -$210,426,728 -$420,853,456
Connecticut 2010 5th - Christopher S. Murphy (D) 1,323 $198,762,838 -$17,888,656 -$35,777,312
TOTAL 8,846 $11,473,616,083 -$1,032,625,489 -$2,065,250,978

A Note on the Breakdown by Congressional District

Calculated totals of Revenues and number of contracts for Defense contracts for each congressional district are estimates, because the amounts are aggregated by zip code, and a single zip code may include portions of two or more congressional districts.

To obtain these estimated total revenues for any given congressional district, the following algorithm was used:

1. If the zip code was located only in a single district, the amounts (number of contracts, dollar amount) for that zip code were assigned in full to that district.
2. If a zip code was located across multiple districts, the amounts (number of contracts, dollar amount) were divided by the number of districts shown in the listing, and assigned to each of those districts. Rounding errors were adjusted in the final district of the sequence, so that the total amounts remain the same overall. Whole dollars (no cents) were used in each such distribution.

The results are therefore of necessity approximate. CSP has developed a custom report for individual congressional districts, available on request, which provides contractor data for all zip codes that lie completely or partially within a given congressional district. In this way, researchers who request the report can determine the location of contracts for the district on a block by block basis.

No comments:

Post a Comment