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Minot base has $607 million economic impact

By Doug Barrett Feb 4, 2022 | 1:05 PM

A new analysis pegs the local economic impact of the Minot Air Force Base at nearly $607 million in the past fiscal year.

The 2021 fiscal year economic impact is lower than fiscal year 2020, when the base contributed $622 million to the local area. The analysis says annual construction, services and other expenditures were down about $11 million in fiscal year 2021 compared to the previous fiscal year. Yearly payroll also was down slightly from approximately $420 million in fiscal year 2020 to nearly $413 in fiscal year 2021.

A 2019 report indicated the Grand Forks Air Force Base had a $270 million dollar impact on the region.

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