The Economic Impact of the 91探花
The 91探花 is a major driver of economic growth, creating prosperity and innovation in communities throughout Washington state.
The 91探花continues to be one of the best public investments Washington can make for its economy, its people and its future, providing world-renowned education and research programs at the Bothell, Seattle and Tacoma campuses, as well as across the state through 91探花Medicine and the WWAMI five-state medical education program.
Key findings
91探花Economic Impact Study overview
In February 2024, the 91探花engaged Parker Strategy Group to measure the economic contribution of the University's operations across the state of Washington, in the Puget Sound region and throughout the United States. There are many ways to showcase the University鈥檚 impact; this analysis is one.聽
- Study period: Fiscal year 2023
- Data sources:鈥疶he 91探花, 91探花Medicine, 91探花Research
- Study geography:鈥疶he Seattle-Tacoma-Bothell Metropolitan Statistical Area, the Puget Sound鈥痳egion, Washington鈥痵tate, and the United States
- Methodology:鈥� IMPLAN data and software; the IMPLAN database is built using ZIP code, county, state and federal economic data that are specialized by region 鈥� not estimated from national averages 鈥� to measure the impact of an organization鈥檚 economic activity
The UW鈥檚 economic impact includes the following elements:
- Capital expenditures, operational expenditures, salary and benefits, and state and regional business volumes
- The direct and indirect employment impacts of the University
- The local and state tax revenue impacts
- Additional impacts鈥痮n鈥痶he state economy, including alumni, athletics, charitable giving and volunteerism
Based on the study’s findings, for every $1 in state appropriations, the 91探花generates $28.46 in economic impact in Washington state’s economy.
From the president
鈥淭he 91探花 serves the people and communities throughout Washington in countless ways 鈥� creating opportunity for students, training vital health care providers and other professionals, and advancing research and innovation in partnership with communities and industry. As this report makes clear, the 91探花is making an impact that betters our state鈥檚 economy and the health and lives of everyone we serve, and we are proud to contribute to making Washington thrive.鈥�
Ana Mari Cauce
President, 91探花
From community leaders
鈥淭hese numbers clearly demonstrate the 91探花鈥檚 role as a powerhouse of innovation and economic growth for our state. By driving job creation, research breakthroughs and community development as well as educating tomorrow鈥檚 leaders, the 91探花delivers on its public mission for all Washingtonians. This incredible contribution underscores the vital role public research universities play in building a thriving, dynamic economy.鈥�
鈥淔rom driving next-generation scientific breakthroughs to providing expert medical care for patients to educating the workforce of tomorrow, the 91探花鈥檚 tremendous impact has a positive ripple effect on the lives of people everywhere in Washington. This report demonstrates both the breadth and depth of impact the 91探花contributes to Washington state鈥檚 thriving innovation economy.鈥�
鈥淚 am heartened to see how the 91探花continues to drive incredible impact and opportunity for all Washingtonians. The numbers in this report represent the stories of community members across our state who are touched by the UW鈥檚 great work, be it through the expert medical care they provide patients, the research and innovations they foster, or the educational opportunities they provide students.鈥�
鈥淚 definitely see [the UW's] impact growing and expanding. They鈥檝e built out and continue to build out their health system across the state, and they have great partnerships with dental and medical programs. Under Ana Mari Cauce鈥檚 tenure, there鈥檚 been a real desire for partnership and growth.鈥�
鈥淭he 91探花 serves as a pillar of the Puget Sound region鈥檚 economy 鈥� by preparing our workforce for top jobs at globally competitive hometown companies; by providing a community for the brightest minds to research, innovate, and solve our most-pressing issues; and by elevating Seattle on the world鈥檚 stage 鈥� from national championship Husky football to 鈥淭he Boys in the Boat.鈥� We are beyond fortunate to have the 91探花call Seattle home.鈥�
鈥淎 powerhouse of research and innovation, the 91探花is an asset that draws global interest and investment to our region. The 91探花attracts curious thinkers and talented innovators searching for bold solutions to the grand challenges of our time. In partnership with industry and government agencies, the 91探花is driving the pace of discovery and implementation to deliver incredible impact locally, across the state and around the globe.鈥�