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Title: Hanford Diversification and the Tri-Cities Economy FY 1999

Abstract

The missions of the U.S. Department of Energy's Richland Operations Office (DOE/RL) are to safely manage the Hanford Site, to manage and clean up its legacy wastes, and to develop and deploy new science and technology in the environmental and energy fields. Collectively, DOE/RL and its contractors are the most important single entity in the Tri-Cities local economy (Pasco, Kennewick, and Richland, Washington, and the surrounding area). Although the relevant economic region affected by DOE/RL and its contractors actually embraces a geographic area reaching from Yakima in the west to Walla Walla in the east and from Moses Lake in the north to Pendleton, Oregon, in the south, over 90% of economic impacts likely occur in Benton and Franklin Counties. These two counties are defined as the ''local'' Tri-Cities economy for purposes of this study. In the federal fiscal year (FY) 1999 (October 1, 1998 through September 30, 1999), the total impact of DOE'S local $1.59 billion budget was felt through payrolls of $542 million and local purchases of goods and services of $226 million. The total local spending of $768 million was up slightly from the FY 1998 total of $765 million. Taking into account the multiplier effects ofmore » this spending, the DOE/RL budget sustained an estimated 32% of all local employment (28,250 out of 88,100 jobs) and about 35% of local earned income (almost $1.08 billion out of $3.08 billion). The decrease in these percentages from last year's report reflects an update of the model's economic structure based on the 1997 economic census year, a correction of a programming error in the model found during the update, and a broader definition of earnings that includes proprietor income, not just wages (see the Appendix for revisions to the previous forecasts). DOE budget increases in FY 2000 are expected to result in no change to the number of local DOE contractor jobs and about a $29 million increase in direct local spending.« less

Authors:
Publication Date:
Research Org.:
DOE-RL (US)
Sponsoring Org.:
USDOE Office of Environmental Management (EM) (US)
OSTI Identifier:
803916
Report Number(s):
DOE/RL-2000-32, Rev.0
TRN: US0300720
DOE Contract Number:  
AC06-96RL13200
Resource Type:
Technical Report
Resource Relation:
Other Information: PBD: 5 Jun 2000
Country of Publication:
United States
Language:
English
Subject:
11 NUCLEAR FUEL CYCLE AND FUEL MATERIALS; 29 ENERGY PLANNING, POLICY AND ECONOMY; HANFORD RESERVATION; CONTRACTORS; ECONOMIC IMPACT; ECONOMIC ANALYSIS; EMPLOYMENT; INCOME; WAGES

Citation Formats

SCOTT, M.J.. Hanford Diversification and the Tri-Cities Economy FY 1999. United States: N. p., 2000. Web. doi:10.2172/803916.
SCOTT, M.J.. Hanford Diversification and the Tri-Cities Economy FY 1999. United States. doi:10.2172/803916.
SCOTT, M.J.. Mon . "Hanford Diversification and the Tri-Cities Economy FY 1999". United States. doi:10.2172/803916. https://www.osti.gov/servlets/purl/803916.
@article{osti_803916,
title = {Hanford Diversification and the Tri-Cities Economy FY 1999},
author = {SCOTT, M.J.},
abstractNote = {The missions of the U.S. Department of Energy's Richland Operations Office (DOE/RL) are to safely manage the Hanford Site, to manage and clean up its legacy wastes, and to develop and deploy new science and technology in the environmental and energy fields. Collectively, DOE/RL and its contractors are the most important single entity in the Tri-Cities local economy (Pasco, Kennewick, and Richland, Washington, and the surrounding area). Although the relevant economic region affected by DOE/RL and its contractors actually embraces a geographic area reaching from Yakima in the west to Walla Walla in the east and from Moses Lake in the north to Pendleton, Oregon, in the south, over 90% of economic impacts likely occur in Benton and Franklin Counties. These two counties are defined as the ''local'' Tri-Cities economy for purposes of this study. In the federal fiscal year (FY) 1999 (October 1, 1998 through September 30, 1999), the total impact of DOE'S local $1.59 billion budget was felt through payrolls of $542 million and local purchases of goods and services of $226 million. The total local spending of $768 million was up slightly from the FY 1998 total of $765 million. Taking into account the multiplier effects of this spending, the DOE/RL budget sustained an estimated 32% of all local employment (28,250 out of 88,100 jobs) and about 35% of local earned income (almost $1.08 billion out of $3.08 billion). The decrease in these percentages from last year's report reflects an update of the model's economic structure based on the 1997 economic census year, a correction of a programming error in the model found during the update, and a broader definition of earnings that includes proprietor income, not just wages (see the Appendix for revisions to the previous forecasts). DOE budget increases in FY 2000 are expected to result in no change to the number of local DOE contractor jobs and about a $29 million increase in direct local spending.},
doi = {10.2172/803916},
journal = {},
number = ,
volume = ,
place = {United States},
year = {Mon Jun 05 00:00:00 EDT 2000},
month = {Mon Jun 05 00:00:00 EDT 2000}
}

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