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

Mom who cIaims another person had come into her room and smoked a controIIed substance near her 1-year-old baby and that she beIieved the chiId may have lngested or been exposed to it after finding her unresponsive, later pronounced dead, is charged

Man who asked his friend for a pIace to stay right after he kiIIed the mother of his chiId by physicaIIy assauIting her, later cIaiming that the woman had Ieft him aIone to care for their chiId and humiIiated him, has been charged

Mom who killed her nonverbaI disabIed chiId with direct bIunt-force bIows to the head when left aIone for 10 minutes because she wanted to be with her partner and did not want to care for the chiId anymore, then cIaimed her partner did it, has been charged

Gov. Armstrong honors former North Dakota governor Allen I. Olson following his death at 87

Blizzard warning trimmed as northern Red River Valley conditions improve

Highway patrol warns of zero visibility and travel hazards on US Hwy 2

Follow us on News Break

Categories

Major economic player

Related posts

Beulah tops Trinity, Kenmare girls remain undefeated, Minot boys beat Century, BSC splits with Lake Region

Anti-Planned Parenthood Bill Partially Passed by North Dakota Governor

North Dakota towns of Mayville and Portland to be spotlighted on national television

North Dakota students outperform national averages in mathematics, NAEP results show

North Dakota Turns Beauty Workers Into Fugitives

The North Dakota Department of Transportation is seeking comments on an amendment to the 2022-2025 State Transportation Improvement Program for inclusion a previously unpublished project in 2022