Economic Contribution of the Waterbury-Oxford Airport
Economic Contribution to CT
In 2010, the total economic contribution of the Waterbury-Oxford Airport totaled to more than 1,670 jobs and $235.4 million of output, including $113.9 million of labor income, and $7.9 million in state tax revenues. The Waterbury-Oxford Airport is an economic asset to New Haven County, and the State of Connecticut, with full and part-time on-airport employment totaling more than 700 in 2010 and an estimated 6,500 visiting aircraft. Indirectly, the Airport supports nearly 1,000 jobs in Connecticut through its $5.0 million capital improvements and multiplier effects triggered by airport management, tenant, and visitor spending. It is estimated that 50 percent of the total operations at Waterbury-Oxford in 2010 were for business purposes with frequent users including Bearing Distributors.