North Dakota

Major economic player

Published

6 years ago

April 3, 2020

By Daisy Wilson

Editor

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.

Related Topics:

Up Next

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

Don't Miss

COVID-19 hospitalizations on the decline in North Dakota