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South Carolina

Defense Breakdown Economic Impact Report
By Contractor Location Data -- Sorted by County

(FY 2012 Defense Contracts Baseline Data)

Estimated 9% to 18% Annual Budget Reductions Starting in FY 2013

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.


         BACKGROUND ON THE DEFENSE BUDGET CUTS: 2013-2021

  • Our military is carrying an unfair burden of deficit cuts. To date, our Defense budget has been hit with 50% of deficit reduction -- yet it accounts for less than 20% of total federal spending. As a result of these cuts, in 2012 President Obama limited U.S. military capability to fighting one "regional conflict" and one "holding action."
     
  • Sequestration Defense budget cuts of $500 billion, combined with previous Defense cuts of another $487 billion, will cut defense spending in local communities by 9% to 18% between 2013 and 2021.
     
  • These reports show how estimates of defense budget reductions from 9% to 18% could affect South Carolina with cuts in defense jobs and businesses. Ask your elected officials for ongoing updates on how these defense cuts will affect your community.
     
  • Alternative solutions have been proposed to maintain a strong defense, reduce our deficit and avoid tax increases. Elected officials have proposed that the President and Congress reduce mandatory entitlement spending and make cuts in the non-security programs in the Federal budget. Over 60% of federal spending goes to entitlements like Social Security, Medicare, Medicaid and now Obamacare.
 

StateContract YearCountyContract Count$ AmountReduction
   by 9.0%
Reduction
   by 18.0%
South Carolina2012Abbeville1$304,056-$27,365-$54,730
South Carolina2012Aiken21$137,767,595-$12,399,084-$24,798,168
South Carolina2012Anderson89$12,332,730-$1,109,946-$2,219,891
South Carolina2012Bamberg3$1,822,510-$164,026-$328,052
South Carolina2012Barnwell4$139,071-$12,516-$25,033
South Carolina2012Beaufort120$22,706,776-$2,043,610-$4,087,220
South Carolina2012Berkeley891$399,504,482-$35,955,405-$71,910,810
South Carolina2012Charleston676$507,652,962-$45,688,768-$91,377,537
South Carolina2012Cherokee3$1,804,867-$162,438-$324,876
South Carolina2012Chester1$37,094-$3,338-$6,677
South Carolina2012Chesterfield5$148,629-$13,377-$26,753
South Carolina2012Colleton12$1,261,642-$113,548-$227,096
South Carolina2012Darlington5$456,764-$41,109-$82,218
South Carolina2012Dillon32$4,651,097-$418,599-$837,197
South Carolina2012Dorchester153$32,126,553-$2,891,390-$5,782,780
South Carolina2012Edgefield4$638,510-$57,466-$114,932
South Carolina2012Florence102$6,907,007-$621,631-$1,243,261
South Carolina2012Georgetown71$65,993,304-$5,939,398-$11,878,795
South Carolina2012Greenville468$2,144,416,548-$192,997,497-$385,994,994
South Carolina2012Greenwood8$2,790,609-$251,155-$502,310
South Carolina2012Hampton2$35,700-$3,213-$6,426
South Carolina2012Horry135$13,160,966-$1,184,487-$2,368,974
South Carolina2012Jasper177$5,238,341-$471,451-$942,901
South Carolina2012Kershaw9$216,381-$19,474-$38,949
South Carolina2012Lancaster52$279,590-$25,163-$50,326
South Carolina2012Laurens1$17,869-$1,608-$3,216
South Carolina2012Lexington467$69,951,535-$6,295,638-$12,591,277
South Carolina2012Marion18$55,964,499-$5,036,805-$10,073,610
South Carolina2012Marlboro1$9,492-$854-$1,709
South Carolina2012McCormick1$2,045-$184-$368
South Carolina2012Newberry2$25,140-$2,263-$4,525
South Carolina2012Oconee22$364,184-$32,777-$65,553
South Carolina2012Orangeburg31$2,413,120-$217,181-$434,362
South Carolina2012Pickens139$23,927,460-$2,153,471-$4,306,943
South Carolina2012Richland647$230,073,388-$20,706,606-$41,413,211
South Carolina2012Saluda3$63,703-$5,733-$11,467
South Carolina2012Spartanburg54$6,504,262-$585,384-$1,170,767
South Carolina2012Sumter43$3,336,143-$300,253-$600,506
South Carolina2012Union9$470,451-$42,341-$84,681
South Carolina2012Williamsburg1$140,915-$12,682-$25,365
South Carolina2012York135$38,428,115-$3,458,530-$6,917,061
TOTAL  4,618$3,794,086,105-$341,467,764-$682,935,527

Data sources and more data available at www.governmentcontractswon.com, compiled from public data at www.fpds.gov

Created by the Center for Security Policy Defense Breakdown Economic Impact Report Generator (v.2.8.0-CL) November 6, 2013 16:40:03 www.forthecommondefense.org