FEBRUARY 2023
VOLUME 3, ISSUE 2
MINOT AREA CHAMBER EDC
COMMUNICATOR WWW.MINOTCHAMBEREDC.COM
IN THIS ISSUE:
MINOT AIR FORCE BASE IMPACT STUDY RELEASED $595 MILLION IN ECONOMIC IMPACT IN 2022
The importance of Minot Air Force Base to the identity and overall economy of Minot was made clear this week. The Budget Office of the 5th Bomb Wing Comptroller released its annual economic impact analysis report for Minot Air Force Base at a meeting of the MACEDC Military Affairs Committee on Thursday, February 2, 2023.
3 | Minot Air Force Base Economic Impact Report, continued 5 | MACEDC Rolls Out Five-Year Strategic Plan 8 | NDSU Architecture Students Begin Downtown Minot Vision Project 12 | Infrastructure Committee Supports Vantis UAS Network 18 | Start Up Minot 27 | Member-Investor News 43 | Calendar of Events & Meetings
The group revealed that the total economic impact of MAFB in 2022 was $594,961,858. “Each year we look forward to seeing the economic impact of Minot Air Force Base, as nearly $600 million annually helps support the overall economy of our community," Brekka Kramer, President | CEO of the Minot Area Chamber EDC, shared. “The missions at Minot Air Force Base not only have a significant impact on our community but nationally with two legs of the nuclear triad.” The report estimated MAFB is responsible for 6,515 jobs on base, and another 2,032 indirect jobs. Those non-base positions are worth an estimated $108 million.
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