Virginia Department of Defense (DoD) Procurement Economic Impact Evaluation Model

Dr. Christine Chmura, Chmura Economics & Analytics, and Dr. Stephen Fuller, George Mason University, demonstrated the Virginia Department of Defense (DoD) Procurement Economic Impact Evaluation Model to the Virginia Deputy Secretary of Veterans and Defense Affairs and other public officials on May 20, 2014. The evaluation model is made up of a supply-chain mapping of DoD contract awards, including sales and employment impacts from product service codes to industries and occupations. The model, available for public use at www.chmuraecon.com/DoDimpact, is designed to provide clear and meaningful state, county, and metropolitan statistical area (MSA) level details about the current and projected economic impacts of DoD contract spending.