More Troops Home Means More Money In Our Economy

By: Rosie Barresi Email
By: Rosie Barresi Email

Not only do Fort Carson soldier families benefit from having their loved ones home, but so does the economy.

Monday afternoon roughly 90-troops returned home. This was the last homecoming for a while and now all 3,800 troops from the 3rd Brigade Combat Team 4th Infantry Division are home.

According to the Chamber of Commerce President of Military Affairs Brian Binn, Fort Carson contributes to nearly one third of Colorado Springs' economy, and with all the local military installations combined they accounted for more than 4.15-billion-dollars in revenue in 2007.

Binn says it'll be several months before we start seeing a positive impact on the return of all the troops, and naturally with the good comes the bad. "The one thing to keep in mind is we're not done with deployments yet, and there will be other units deploying from Fort Carson in the fall. That again will remove some of that positive economy from the region," said Binn.

There are currently 35,000 active duty military in Colorado Springs, and that number will grow to nearly 44,000 by 2011 with the growth of Fort Carson.


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