FORT BENNING, GA (WTVM) - New research suggests there's still a reason to be optimistic about the local economy in light of recent cutbacks at Fort Benning.
The Matrix Design Group a consulting firm presented its research to a group Friday morning at Columbus Technical College at a final public meeting.
The study included seven counties around the Fort Benning area. Housing, education, retail along with personal wages are expected to be impacted.
The firm says despite the cutbacks on Post there is still room for economic opportunity from Fort Benning.
"The economy here is very stable. The installation is not going anywhere. It's still a huge driver, it's 20 to 25 percent of the economy, and that is not going to change. There is still growth opportunity at the base, so there could be grown opportunity later," said Sal Nodjomian with Matrix Design Group.
Experts estimate the downsizing at Fort Benning has resulted in the loss of around 5,000 to 6,000 people from the area.