Wednesday, April 18, 2018
Business

MacDill's economic impact on Tampa Bay leaps to $4.74 billion

TAMPA — The war in Iraq is over and the United States is drawing down operations in Afghanistan. But the economic impact of MacDill Air Force Base has increased by $1.3 billion the past two years, say figures released by base officials Wednesday.

MacDill's economic impact on Tampa Bay was a robust $4.74 billion in 2014, with activity on the base creating nearly 25,000 jobs, according to MacDill's host unit, the 6th Air Mobility Wing.

That compares to $3.4 billion and 18,000 jobs in 2012. The biggest factor in the $1.3 million hike is an additional $660 million being paid to retirees and their spouses living within 50 miles of Tampa. The rest of the climb is tied to a hike in base payroll and in the total economic value of jobs created by the base.

Why the dramatic increase given the slowdown in overall Pentagon spending? It wasn't immediately clear, and Capt. Kathleen Ice, a MacDill spokeswoman, said she could not say with certainty. One potential explanation, she said, is a possible increase in the number of retirees and spouses earning benefits.

There were about 73,000 retirees and their spouses in the area in 2014. Comparisons with 2012 are not immediately available.

MacDill said the Air Force directly spent $729 million in the area in 2014. The base's military payroll is $743 million and its civilian payroll is $326 million.

While Pentagon spending is expected to dramatically decrease, MacDill is thought to be somewhat protected from the biggest cuts because it is home to two premier commands — U.S. Special Operations Command and U.S. Central Command.

SOCom and CentCom spearheaded operations in Iraq and Afghanistan.

Contact William R. Levesque at [email protected] Follow @Times_Levesque.

Comments
Downtown’s success creates noisy problem for St. Petersburg

Downtown’s success creates noisy problem for St. Petersburg

Times Staff Writer ST. PETERSBURG — Downtown’s rapid growth has not been without tension between its residents and the businesses and events that draw exuberant crowds. The city, which has been attempting to amend its noise ordinance o...
Updated: 1 hour ago
Everybody loses in a trade war, Canadian chamber CEO warns Tampa officials

Everybody loses in a trade war, Canadian chamber CEO warns Tampa officials

TAMPA — President Donald Trump has tweeted "trade wars are good, and easy to win."Don’t believe it, the president of the Canadian Chamber of Commerce told Tampa business and political leaders on Wednesday."We share more with you than with anybody els...
Updated: 12 hours ago
Trademark makes it official: Call it the St. Pete Pier

Trademark makes it official: Call it the St. Pete Pier

ST. PETERSBURG — Today the City Council is set to approve a $15 million construction contract and additional money for the next phase of the new Pier District expected to open in the fall of 2019.But even as council members get ready to commit hundre...
Published: 04/19/18
Tampa’s 60-year-old Housewife Bake Shop may not be closing after all

Tampa’s 60-year-old Housewife Bake Shop may not be closing after all

For nearly 60 years it was breads, cakes and pastries, up before dawn for the Perrone family in Armenia Garden Estates. For a minute it looked like Tampa’s Housewife Bake Shop was going to close, but third-generation owner Tena Perrone said on Wednes...
Updated: 2 hours ago
Fed survey finds worries about higher tariffs

Fed survey finds worries about higher tariffs

Associated PressWASHINGTON — The Federal Reserve’s latest national survey has found that U.S. businesses are growing increasingly concerned about the impact higher tariffs could have on their companies and the overall economy. The Fed reported Wednes...
Published: 04/18/18
Most of Tampa Bay’s new liquor licenses won by applicants from South Florida, Tallahassee

Most of Tampa Bay’s new liquor licenses won by applicants from South Florida, Tallahassee

TALLAHASSEE — The newest batch of quota liquor licenses for the Tampa Bay area will go to applicants from South Florida and Tallahassee. In its annual drawing, the state Department of Alcoholic Beverages and Tobacco selected the winners of 51 licen...
Published: 04/18/18
Report: Unemployment assistance in Florida lagged after Hurricane Irma

Report: Unemployment assistance in Florida lagged after Hurricane Irma

Note: This story has been updated with a response from the Florida Department of Economic Opportunity.In the days and weeks following Hurricane Irma, Gov. Rick Scott touted his administration’s preparation and response to one of the worst storms to h...
Published: 04/18/18
Florida Hospital Carrollwood spending $17.5 million to expand emergency department

Florida Hospital Carrollwood spending $17.5 million to expand emergency department

Florida Hospital Carrollwood is expanding its emergency department. The hospital, 7171 North Dale Mabry Highway in Tampa, is spending $17.5 million to add 15 new private treatment rooms, new pediatric rooms and waiting areas, and new technology, acco...
Published: 04/18/18
Dick’s destroying all the guns it pulled from its shelves

Dick’s destroying all the guns it pulled from its shelves

PITTSBURGH — Dick’s Sporting Goods is destroying all the guns and accessories that it stopped selling earlier this year after the school shooting in Parkland, Florida.The retailer said Tuesday that it is in the process of destroying all the firearms ...
Published: 04/18/18
Amazon partners with Best Buy on smart TVs

Amazon partners with Best Buy on smart TVs

Associated PressNEW YORK — Amazon has cut a deal to sell voice-controlled TVs at Best Buy, the latest attempt by the online retailer to get its burgeoning suite of tech products out where people can see and touch them. Best Buy already sells the Amaz...
Published: 04/18/18