Economic Benefits to Illinois and South Dakota
The Economic Impact of Fermilab's Flagship Long-Baseline Neutrino Initiative presents an estimate of the economic impact of the construction and operations of LBNF/DUNE in the Chicago and west South Dakota regions through the year 2026.
This report was commissioned by the Fermi Research Alliance, LLC (FRA), a joint partnership of the University of Chicago and the Universities Research Association (URA) that manages and operates Fermilab on behalf of the U.S. Department of Energy. The report was produced by the Anderson Economic Group, LLC.
Overview of the Report
Issued in April 2016, the report presents a "credible and conservative" estimate of the local economic impacts of the projected construction and operations of LBNF and DUNE in both regions. It also takes into account the capital projects associated with them, including the Proton Improvement Plan II (PIP-II) and the proposed Integrated Engineering Research Center (IER), both at Fermilab. The economic impact measured by the Anderson group includes direct spending plus the additional business activity, jobs and payroll supported by that spending from 2016 to 2026.
In addition to the local economic impact, the report addresses the fiscal impacts of the project on Illinois and South Dakota, and discusses other important benefits of this initiative in the areas of education, technology and the significant role that this initiative carves out for the U.S. in global particle physics research.
- 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 Illinois would be $21.0 million in tax revenue from 2016 to 2026, peaking at $2.7 million in annual revenue in 2024.
- 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.
DownloadYou are welcome to download the full report The Economic Impact of Fermilab's Flagship Long-Baseline Neutrino Initiative or a summary fact sheet.
- Last modified
- email Fermilab