January 14, 2016 – La Prensa
Rose Institute study puts area base’s annual economic value at $579 million.
March Air Reserve Base near Riverside gives the Inland area an economic boost worth $579 million a year, an analysis has found.
A report released Thursday, Jan. 14, found that the economic value of the base goes well beyond the estimated $267 million payroll for active military, reserve, and civilian employees on the base.
It also includes $183 million for the purchase of goods and services for the base, and $129 million in off-base paychecks generated by the direct expenditures, according to a report by the Rose Institute of State and Local Government at Claremont McKenna College in Claremont.
The report was commissioned by the Riverside County Economic Development Agency.
“It is clear that March Air Reserve Base plays an important part not only in the nation’s defense, but in the economy of the Inland Empire,” said Andrew E. Busch, the Rose Institute director, in a statement.
The base employs 9,525 people full or part time, and another 3,113 jobs result indirectly from the expenditure of the employee payroll, the report said.
Riverside County communities get most of the economic value, a minimum of $296 million in economic activity and 1,591 off-base jobs, with the remainder benefiting San Bernardino County, the analysis found.
March is the primary airfield for the 452nd Air Mobility Wing, and hosts 22 additional units including combat air wings, the 1st Marine Expeditionary Force, a civil affairs brigade, the Veterans Health Administration, and an American Forces Network Broadcast Center.
The information above is for general awareness only and does not necessarily reflect the views of the Office of Economic Adjustment or the Department of Defense as a whole.