LoboVault Home
 

The Economic Impact of the Air Force Phillips Laboratory on the New Mexico Economy, FY94

LoboVault

Please use this identifier to cite or link to this item: http://hdl.handle.net/1928/20900

The Economic Impact of the Air Force Phillips Laboratory on the New Mexico Economy, FY94

Show full item record

Title: The Economic Impact of the Air Force Phillips Laboratory on the New Mexico Economy, FY94
Author: Bureau of Business and Economic Research; Tull, Edward R. S.
Subject(s): Air Force Phillips Laboratory
Economic impact studies
New Mexico
Research laboratories
Research and development
Employment
Income
Revenues
Kirtland Air Force Base
Abstract: Federal research and development facilities, such as the Air Force Phillips Laboratory (PL), are an important source of employment and income in New Mexico. Headquartered at Kirtland AFB near Albuquerque, the PL conducts aerospace and weapons system research for the U. S. Department of Defense. The UNM Bureau of Business and Economic Research (BBER) has conducted a series of economic impact studies for PL. BBER estimated that PL operations accounted for over $153 million in total spending in FY 1994. By analyzing the multiplier effects and the secondary impacts of in-state spending, BBER concluded that PL made a “substantial contribution” to the NM economy that year by supporting over 4,000 jobs, providing nearly $166 million of total personal income, and raising $16.5 million in state and local tax revenue.
Date: 1995-06-20
Publisher: University of New Mexico, Bureau of Business and Economic Research
Description: See also BBER's study "Air Force Research Laboratory Kirtland AFB NM, FY09 Economic Impact Assessment" in this database.
URI: http://hdl.handle.net/1928/20900

Files in this item

Files Size Format View Description
Phillips impact FY 94 pt2.pdf 1.950Mb PDF View/Open Phillips Lab impact 94-appendices
Phillips impact FY 94 pt1.pdf 1.078Mb PDF View/Open Phillips Lab impact 94-report

This item appears in the following Collection(s)

Show full item record

UNM Libraries

Search LoboVault


Advanced Search

Browse

My Account