Accession Number : ADA326947

Title :   The Economic Consequences of Salt I: An Update.

Corporate Author : GENERAL RESEARCH CORP SANTA BARBARA CA

Personal Author(s) : Eisenhut, J.

PDF Url : ADA326947

Report Date : APR 1974

Pagination or Media Count : 34

Abstract : This study updates GRC's earlier study entitled The Economic Consequences of SALT I: A National Assessment, the data collection phase of which was completed about December 1972. The purpose of the original study was to assess the short-run impacts of SALT I and predict its longer-range impacts in the context of domestic local economies. This study quantifies, rather than predicts, the economic consequences of SALT I two years after its implementation. The earlier study identified three regional areas as being of primary concern: Huntsville, Alabama; Taunton, Massachusetts; and Conrad, Montana. These are areas that were noted as being subject to potential employment and economic impacts. This study is not intended to be a self-contained analysis, but rather an addendum to the original study. Data collection trips were made to the three impacted regions. Interviews were conducted with regional employment analysts, local leaders, bankers, industrial promoters, and concerned citizens. Data were gathered on employment, municipal facilities, the effects of government programs, and local development activity in order to assess the changing conditions of these communities. The results of the data collection trip, plus analyses of other recent data, indicate that the impacts of SALT I on these three communities have been largely ameliorated as a result of Government assistance, fortuitous circumstance, or energetic local action. Discussion of these factors is included in the report.

Descriptors :   *EMPLOYMENT, *ECONOMIC IMPACT, BANKING, ARMS CONTROL, LABOR MARKETS, ALABAMA, MASSACHUSETTS, MONTANA.

Subject Categories : Economics and Cost Analysis

Distribution Statement : APPROVED FOR PUBLIC RELEASE