Six Year Study on Spaceport America’s Economic Impact on New Mexico Released

Spaceport America has $240M economic impact in 2024

EL PASO, Texas (KTSM) -- Spaceport America, located about 45 miles north of Truth or Consequences, New Mexico, had an economic impact of $240 million in 2024 and supported more than 300 direct jobs and nearly 800 total jobs. That is according to a new study from the New Mexico State University Arrowhead Center and the Center for Border Economic Development, or C-BED. The study looked at the economic impact of the first purpose-built commercial s…

New report looks at Spaceport America's economic impact on New Mexico

LAS CRUCES, New Mexico (KVIA) -- NMSU's Arrowhead Center and the Center for Border Economic Development just published a study on Spaceport America's economic impact on New Mexico from 2019 to 2024. The report estimates that Spaceport America has contributed $110.8 million in value-added production and $73.1 million in labor income in 2024. “Our impact study of Spaceport America utilized a standard methodology for economic impact analysis and is…

Six year study on Spaceport America’s economic impact on New Mexico released

LAS CRUCES, N.M. (KRQE) – A six-year study on Spaceport America's economic impact on New Mexico was released this month and found that the Spaceport showed growth from 2019 to 2024. “The results are significant, showing that Spaceport America in 2024 supported 313 direct jobs and 790 total jobs in New Mexico, up from 242 direct jobs and 396 total jobs in 2019, while contributing nearly $240 million to economic output, up from $72 million in 2019…

Spaceport America and New Mexico State University Arrowhead Center Release Six-Year Economic Impact Study

A six-year study by NMSU Arrowhead Center reveals Spaceport America’s growing economic impact, supporting 790 jobs and generating $240M in output for New Mexico in 2024.