Economic analysis: Minot Air Force Base’s impact on city of Minot
When all factors are considered, the total economic impact of Minot Air Force Base on the city of Minot reaches an impressive $651,609,473 annually. This economic output reflects not only the direct contributions of military and civilian payroll but also the broader effects of construction, service contracts, procurements, and indirect job creation. Minot AFB’s influence stretches across almost every sector of the local economy, enhancing the city’s financial stability and growth.