Assessment of the Economic Impact of the NOAA Fleet in Oregon

Project Brief
The Challenge
The National Oceanic and Atmospheric Administration’s (NOAA's) 20-year lease of port space for its fleet in the city of Newport in Lincoln County, Oregon, will expire in 2031. At that point, NOAA may choose to continue or terminate the lease. While lease termination creates risk, both options also create opportunities for Newport and Lincoln County. To better manage and prepare for these risks and opportunities, Lincoln County wanted to understand the economic impact of the NOAA fleet locally, regionally, and in Oregon. The Economic Development Alliance of Lincoln County turned to ERG for support.
ERG's Solution
ERG explored the economic value of the NOAA fleet to the city of Newport, to Lincoln County as a whole, and to the state of Oregon. Using IMPLAN modeling, ERG conducted an economic analysis of the fleet and how changes in NOAA spending ripple through the economy. In addition, to help Lincoln County prepare for 2031, ERG conducted interviews to assess the perceived economic, social, and institutional advantages and disadvantages of NOAA’s tenure in Lincoln County. The results of our analysis will support Lincoln County in understanding the potential advantages and disadvantages to Newport, Lincoln County, the region, and the state of the two possible outcomes in 2031, which will help the county maximize the potential for economic growth and benefits.
Client
Economic Development Alliance of Lincoln County