Economic Impact of Military Installations in New Mexico on the State

The Bureau of Business and Economic Research has been contracted by the Office of Military Base Planning and Support to evaluate the economic impact of military installations on the State of New Mexico. This report analyzes the economic impact of (1) Cannon Air Force Base including Melrose Air Force Range; (2) Holloman Air Force Base; (3) Kirtland Air Force Base; and (4) White Sands Missile Range. Furthermore, the present provides a brief review of veterans’ statistics within the State, as well as regional employment in the states surrounding New Mexico (Arizona, Oklahoma, Texas, and Utah).