Bureau of Business and Economic Research

Document Type

Technical Report

Publication Date

3-1-2011

Sponsorship

Los Alamos National Laboratory

Publisher

University of New Mexico, Bureau of Business and Economic Research

Abstract

The UNM Bureau of Business and Economic Research (BBER) was commissioned by Los Alamos National Laboratory (LANL) to estimate its economic impacts on northern New Mexico — Los Alamos, Santa Fe, Rio Arriba, Sandoval, Taos, San Miguel, and Mora counties — and for the state, for fiscal year 2009. The study concludes that LANL injected more than $1.4 billion directly into the northern New Mexico economy during FY 2009. These injections provided more than 11,200 direct jobs, nearly $1.1 billion labor income, and $1.4 billion economic output to the region. LANLs expenditures also indirectly supported approximately 9,300 jobs, more than $317 million in labor income and $932 million economic output in this region. In addition, a total of 3,050 LANL retirees with $140 million in pension benefits are estimated to have supported an additional 821 jobs. The impact of $1.6 billion LANL in-state expenditures in FY 2009 is estimated to have created 11,685 jobs directly with $1.1 billion in labor income; these expenditures in the state also indirectly supported 11,956 jobs (indirect and induced) with $433 million in labor income. The direct, indirect, and induced economic activity associated with LANL's operations and construction generated a total of $128 million in gross receipts tax revenues. The IMPLAN Version 3 economic impact model was used to estimate the indirect and induced impacts of LANL.'

Comments

"The Bureau of Business and Economic Research wishes to express its appreciation to the Los Alamos National Laboratory for funding this study."

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