1. Westover economic impact decline does not panic Chicopee officials, but they will watch for future drops

    Westover economic impact decline does not panic Chicopee officials, but they will watch for future drops

    Business officials and politicians said they are not concerned about a two-year decline in the economic impact Westover Air Reserve Base has had on the region, but said there could be bigger drops in the future. Every year U.S. Air Force officials analyze the economic impact the base has, using formulas to calculate everything from the amount spent by base employees, the benefit of any construction projects and indirect jobs created either by subcontractors who work at Westover and outside businesses who serve employees.

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      Aerospace/Defense, Business Development, Creative Economy, Education, Energy, Entrepreneurship, Financial Services, Green Region, Health Care, Information Technology, Life Sciences, Logistics, Manufacturing, Medical Devices, Paper Manufacturing, Plastics, Retail, Tourism, Transportation, Workforce
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    1. This report underscores the fact that Westover is an important economic driver for both Chicopee and the region.
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