Bureau of Business and Economic Research

Document Type

Technical Report

Publication Date

5-1-2012

Sponsorship

"This research was conducted under contract with the New Mexico Partnership Intermediary of the AFRL at Kirtland AFB, New Mexico Institute of Mining & Technology."

Publisher

University of New Mexico, Bureau of Business and Economic Research

Abstract

The New Mexico Institute of Mining and Technology commissioned UNMs Bureau of Business and Economic Research (BBER) to estimate the impact on the New Mexico economy of the Air Force Research Laboratory (AFRL) at Kirtland Air Force Base in Albuquerque for Federal fiscal year 2009 (FY09). The authors surveyed AFRL contractors and then utilized an IMPLAN econometric model to identify and measure employment, income, output, and tax revenues in New Mexico resulting from AFRL expenditures. The study estimated that in FY09 the AFRL had $97 million in expenditures and directly created 849 New Mexico jobs with $93 million in wages and benefits. In addition, AFRL contractors spent $149 million and directly created 1,072 jobs with $77 million in wages and benefits. Altogether, BBER estimated that the AFRL spent $246 million within New Mexico in FY09, which supported $461 million in industrial output and 3,835 jobs. The study also estimated that AFRL expenditures accounted for $16.6 million in state tax revenue in FY09.'

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