Economic Development Research Group for Colorado Springs Airport, 2003
Colorado Springs Municipal Airport plays an an integral role in the economy of the city. To document this role, the Colorado Springs Municipal Airport (COS) commissioned Economic Development Research Group to conduct a study of the economic impacts of the airport on the state and regional economy.
The study analyzed the economic impact of the civilian-use airport (COS) and the contribution of the neighboring Peterson Air Force Base (Peterson AFB). The distinction between the two was made to understand the contributions of each individual entity and areas where economic impact is complementary. For example, approximately 11,500 people work on the Air Force Base, while just over 1,100 people work at the Colorado Springs Municipal Airport. This study reveals some of the connections between the civilian economic impacts of the airport, including tourism and military-related impacts.