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Colorado Economic Impact Study on the Uranium Mill Tailings Remedial Action Project in Colorado: Colorado State Fiscal Year 1993 (open access)

Colorado Economic Impact Study on the Uranium Mill Tailings Remedial Action Project in Colorado: Colorado State Fiscal Year 1993

The Colorado economic impact study summarizes employment and economic benefits to the state from activities associated with the Uranium Mill Tailings Remedial Action (UMTRA) Project during Colorado state fiscal year (FY) 1993. To capture employment benefits, a questionnaire was distributed to subcontractor employees at the active UMTRA Project sites of Grand Junction, Rifle, and Gunnison, Colorado. An estimated 52 percent of the employees working on the UMTRA Project responded to this information request. Economic data were requested from each prime subcontractor, as well as from the Remedial Action Contractor. The most significant benefits associated with the UMTRA Project in Colorado are: Direct employment was estimated at 894 workers; An estimated 89 percent of all direct employment was local; Secondary employment resulting from remedial action at the active Colorado UMTRA Project sites and the Grand Junction vicinity property program is estimated at 546 workers. Total employment (direct and secondary) is estimated at 1440 workers for the period of study (July 1, 1992, to June 30, 1993). An estimated $24.1 million was paid in wages to UMTRA workers in Colorado during FY1993; Direct and secondary wage earnings were estimated at $39.9 million; Income tax payments to the state of Colorado were estimated …
Date: November 12, 1993
Creator: unknown
System: The UNT Digital Library