Major economic player

N.D. – Minot Air Force Base contributed $622.3 million to the local area’s economy in fiscal year 2020.

This is a $62.9 million increase from the previous fiscal year when the base had an impact of $559.4 million.

2nd Lt. Rein Marie Northrop of the 5th Comptroller Squadron at Minot AFB, presented the fiscal year 2020 economic impact analysis at a Zoom meeting of the Minot Area Chamber EDC’s Military Affairs Committee on Thursday.

The economic data is calculated on regulations from the Air Force and is current as of Sept. 30, 2020. It is calculated with the annual payroll of the base, annual expenditures for construction, contracts and other procurements, and the value of indirect jobs created.

The base’s annual payroll in fiscal year 2020 totaled $419.6 million, including about $332 million for military and about $87 million for civilians.

Follow us on Google News

Follow us on Flipboard

Trending Slider

North Dakota Highway Patrol honors priest for 30 years as chaplain

North Dakota to receive nearly $200 million for rural health transformation program

Citizen Academy cadets visit public works service operations in Bismarck

Bismarck fire crews extinguish kitchen fire in East Central home

43-year-old woman arrested, charged with aggravated assault after four-hour standoff following stabbing on West Front Avenue

Mom who cIaims her partner instructed her to say that her 6-year-old’s nearly fataI injuries, including a brain bIeed and Iacerated Iiver and spIeen, occurred when the disabIed chiId learned to ride a bicycIe and feII after the man brutaIIy beat the chiId while aIone with him, is charged

Follow us on News Break

Categories

Major economic player

Related posts

NDGFD reminds hunters, anglers, and trappers of new license requirements starting April 1

North Dakota continues low rates of positive COVID-19 tests

North Dakota Legislature passes bill requiring top health official to be a physician

North Dakota Game and Fish Department mulls options for fishing tournament fees

Feather Alert issued for missing 20-year-old Devils Lake woman

North Dakota Sees Significant Drop in Natural Gas Flaring, Promotes Sustainable Oil and Gas Practices