Bureau of Business and Economic Research

Document Type

Technical Report

Publication Date

8-1-2013

Sponsorship

City of Albuquerque Aviation Department

Publisher

University of New Mexico, Bureau of Business and Economic Research

Abstract

The City of Albuquerque Aviation Department commissioned the University of New Mexico Bureau of Business and Economic Research (BBER) to estimate the economic impact of the Albuquerque International Sunport and Double Eagle II Airport on the state of New Mexico for the fiscal year 2012 (FY12). This report presents the results of the study and outlines the data and methods used to arrive at these results. Impacts were measured in terms of jobs, income, economic output, and tax revenues. Among the main findings of the study: in FY12 the Albuquerque airports had direct or indirect impacts of more than 20,000 New Mexico jobs; $1.9 billion in annual output for state businesses; more than $701 million of payroll; more than $82.4 million in state and local tax revenues collected. The overall multipliers for output and employment of airport and airport-dependent business operations were estimated to be 1.47 and 1.88 respectively. Illustrated with photos, charts, and tables.

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