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Tag Archives: Economic Impact Brochure

Invitation: 2023 Sandia economic impact marks biggest ever

ALBUQUERQUE, N.M. — Sandia National Laboratories’ economic impact for fiscal year 2023 reached an all-time high of nearly $4.8 billion, surpassing the previous year by $559 million. That impact is evident in the 1,200 new jobs added in the last year, the $114 million in gross receipts taxes paid to the state of New Mexico, […]

Economic impact: Sandia spends $3.9B, exceeds small-business goals

ALBUQUERQUE, N.M. — Supporting a growing workforce and a wide range of businesses, Sandia National Laboratories contributed an all-time high of $3.9 billion into the economy during fiscal year 2021. This is about $139 million over the previous fiscal year. The spending includes labor, subcontracts, purchases and other expenditures. “We are proud of the story […]

Economic Impact: Sandia Labs injects $3.76B into economy

ALBUQUERQUE, N.M. — Driven by the purchasing of goods and services and payroll, Sandia National Laboratories injected an all-time high of more than $3.76 billion into the economy in fiscal year 2020. “It’s no secret that the second half of the year was tough on a lot of people and businesses, especially smaller companies, which […]