BRAC Impacts on the State of Maine

If all 3 Maine bases are closed the impact to the Maine economy would be worst than the last recession we had in the late 80's, early 90's. This federally induced event would eliminate 13,418 jobs and another 3,000 indirect jobs. for comparision sake, in the 1990-91 recession we lost 13,230 jobs. If all 3 bases are closed approximately $630 million dollars of earnings would be gone from the Maine economy. The unemployment level could rise from 4.1% currently to 15%. Other considerations that would affect our economy include:

• Depressed housing prices
• Population decline
• Housing vacancies and resulting loss of tax base
• Loss of dependents who participate in work force or volunteer in communities
• Public school enrollment impacts