Book Description

This report describes the two-tier concept for economic analysis of impacts associated with new Department of Defense programs. The first tier is the Economic Impact Forecast System (EIFS), which is used for conducting a preliminary screening of the impacts. The second tier is the Local Economic Consequences System (LECS), which provides a detailed analysis of realignment impacts. Both systems are available through the Environmental Technical Information System. Several other economic impact analysis methodologies were also examined. This study found that a combination of the two-tier concept with the Regional Industrial Multiplier System/Bureau of Reclamation Economic Assessment Model methodologies would provide the best system for analyzing large, sector-specific impacts. General instructions for using EIFS and LECS are provided. (Author) Equations, user input variables, and definitions are also provided.