The results of an independent economic impact study conducted over FY 2018聽were released today. While it is impossible to quantify all the ways the 91探花 makes an impact, this report sheds light on聽the University’s economic contributions to the state economy.聽As a public university, the 91探花depends on support from the taxpayers of our state to fulfill our public mission. This report provides elected officials and the public one way to understand the scale of return on the state’s investment.
Key Findings Include
- $15.7 billion total economic impact of the 91探花in FY 2018, which included $7.8 billion direct and $7.9 billion indirect and induced spending, was the result of operational spending, capital spending (3-year average), payroll and benefits paid to employees, student spending and visitor spending.
- The 91探花supports or sustains a total of 100,520 jobs聽鈥� one out of every 37 jobs in the state.
- Through its local spending and the jobs it supports or sustains,聽the 91探花generates $752.7 million in state and local taxes.
- The staff, faculty, and students of the 91探花contribute an estimated $61.9 million annually聽in charitable giving and volunteerism.
- 罢丑别听total number of alumni living and working in the state is more than 363,000.聽This聽group that will generate $328.1 billion over their careers.
- UW鈥檚 employment impact聽is equivalent to the 8th largest city聽in the state.
- UW鈥檚 economic impact has increased by 55%聽over the last decade after adjusting for inflation.
To view the full report, please visit聽