South Carolina Defense Breakdown Economic Impact Report
Defense Contracts by Hub Zone Representation, South Carolina, 2010
Using Contractor Location Data -- Sorted by Hub Zone Representation
South Carolina Summary Report
Go to www.forthecommondefense.org/reports to view detailed reports on South Carolina 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 South Carolina counties, cities and industries. This report shows how "National Average" defense budget reductions of at least 9% and 18% could affect South Carolina, using actual 2010 South Carolina 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 | Hub Zone Representation | Contract Count | $ Amount | Reduction
by 9.0% | Reduction
by 18.0% | | South Carolina | 2010 | No | 4,990 | $3,877,293,393 | -$348,956,419 | -$697,912,838 |
| South Carolina | 2010 | Yes | 762 | $145,313,621 | -$13,078,226 | -$26,156,453 |
TOTAL | | | 5,752 | $4,022,607,014 | -$362,034,645 | -$724,069,291 |
Created by the Center for Security Policy
Defense Breakdown Economic Impact Report Generator (v.2.2.0-CL) February 20, 2012 00:07:21 www.forthecommondefense.org