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

NDDOT to close driver license and Bismarck motor vehicle offices for training

Gov. Kelly Armstrong secured federal disaster aid after June storms

North Dakota Highway Patrol seeking information in hit-and-run crash near Casselton

Bismarck firefighters joined 9/11 Memorial Stair Climb to honor fallen first responders

Child died weeks after being returned to his bioIogicaI parents, who cIaimed the 1-year-old’s injuries were caused by a faII from a baby seat and rough pIay with his sibIing after causing his death: DA

Mother who kiIIed her 2-month-old baby after faIIing asIeep with the chiId in her bed, then tried to revive the chiId herseIf after causing fataI injuries when she roIIed onto the infant while sIeeping, was arrested

Follow us on News Break

Categories

Major economic player

Related posts

North Dakota lawmakers throw lifelines to the coal industry

North Dakota Judge Allows Lawsuit Challenging Gender-Affirming Care Ban to Proceed

North Dakota Gov. Doug Burgum signs campus free speech bill into law

LUTHERAN SOCIAL SERVICE OF MINNESOTA ASSURES CONTINUITY OF SERVICES TO OLDER ADULTS IN NORTH DAKOTA

Zero deaths, 49 new COVID-19 cases in ND; active cases statewide are 943

North Dakota Senate ashes out recreational marijuana bill