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The Economic Impact of Fermilab's Flagship Long-Baseline Neutrino Initiative

The Fermi National Accelerator Laboratory (Fermilab) commissioned Anderson Economic Group to produce an estimate of the economic impact of the construction and operations of the Long-Baseline Neutrino Facility (LBNF), Deep Underground Neutrino Experiment (DUNE), and all of the related capital projects associated with them in the Chicago and west South Dakota regions through the year 2026.

We estimated the impact of LBNF/DUNE in four geographic regions: the Chicago metropolitan area, the west South Dakota Economic Development region, the State of Illinois, and the State of South Dakota.

Our research and analysis resulted in the following major findings:

  • From 2016 to 2026, the economic impact of LBNF/DUNE in the Chicago region will total $1.1 billion in output and $570 million in earnings for local residents. The impact on jobs for local residents will peak at nearly 2,000 in the year 2024.
  • From 2016 to 2026, the economic impact of LBNF/DUNE in the western South Dakota region will total $860 million in output and $330 million in earnings for local residents. The impact on jobs for local residents will peak at nearly 1,800 jobs in 2020.
  • The total fiscal impact of LBNF/DUNE for the State of South Dakota would be $10.6 million in tax revenue from 2016 to 2026, peaking at $2.5 million in annual revenue in 2020.
  • The total fiscal impact of LBNF/DUNE for the State of Illinois would be $21.0 million in tax revenue from 2016 to 2026, peaking at $2.7 million in annual revenue in 2024.

More information can be found at LBNF, or click below to view the full report.

 

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