Understanding the Playing FieldDefense Industry Adjustment Program
The assessment will identify the scope and nature of military and defense related economic activities in Washington State that are related to contract awards. It will also assess the dependency of the region on military and defense spending.
It will employ a nationally recognized economic impact supply chain model to quantify the vulnerability of the military and defense activities and provide a forecast specific to the region for the next 3-5 years.
It will also populate a data bank and provide analytical modeling capacity to facilitate continuing economic impact analyses relative to changing federal budgets. This will serve as a guide for market and workforce diversification strategies to be put in place.
TIP Strategies will be conducting data validation in assessment and forecasting.