Fort Riley’s 2024 Economic Impact Report: Over $2 Billion Contribution

Overview of the Economic Impact

The recent report from Fort Riley highlights ⁢a staggering economic contribution exceeding $2 ‍billion for the year 2024. This substantial figure underscores the installation’s vital role in bolstering not only the local economy but also extending its influence on a ​broader scale.

Key Financial Contributions

Fort Riley’s operations directly inject over ⁢$1.7 billion into the economy, ​which includes⁣ salaries paid to military personnel, civilian employees, and contracts ​awarded to local businesses. In addition ⁢to these ⁣direct impacts, an estimated $300⁣ million circulates within adjacent communities due to increased consumer spending by base ​personnel and their families.

Employment ⁣Opportunities Created

The presence of Fort Riley generates⁢ numerous employment opportunities across various ‌sectors. With approximately 27,000 individuals associated with military service—both active-duty members ‌and civilians—the base serves as a significant employer in the ‍region. Additionally, ancillary jobs arise through contracting services and retail establishments that cater to base​ inhabitants.

Broader‍ Community Benefits

Beyond mere financial figures, Fort Riley ⁤contributes extensively towards community infrastructure demands. The facility provides essential resources for education and healthcare institutions in⁢ nearby areas while also sponsoring events ⁣that foster community engagement and partnerships‍ between service members and civilians.

Recent Statistical Highlights

Key statistics from this year’s report illustrate a growth trend:

• Total Economic Output: >$2 billion
• Direct Salaries Paid: >$1.7 ⁣billion
• Consumer Spending Boost: Estimated at $300 million
• Jobs Supported: Approximately 27,000 individuals connected directly or⁢ indirectly

Conclusion: A Catalyst ⁤for Growth

Fort Riley stands as a critical pillar​ of support for both local economies and broader regional development efforts. The continued investment by military operations not only strengthens financial metrics but also helps cultivate robust ​community relations—a relationship vital for ongoing⁤ prosperity ⁣in Kansas and beyond.