What impact do air force bases and national labs have on New Mexico’s economy?

Air force bases and national laboratories play a significant role in bolstering New Mexico’s economy by providing increased funding to the state. These facilities contribute not only through direct job creation but also by injecting substantial federal and research funding into the local economy. The presence of these military and research facilities leads to a demand for a variety of goods and services, stimulating job growth in sectors like construction, logistics, and hospitality.

Furthermore, the research and technological advancements resulting from these national labs can attract additional private sector investment and innovation. This multifaceted economic impact helps support a diverse range of employment opportunities and contributes to the overall financial stability and growth of New Mexico, ultimately benefiting the communities that surround these installations.