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  • QU Econ Impact 2019

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    Helen Bennett
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    The university had a total economic impact of over $3 billion on the local economy. It spent over $1.9 billion directly through capital assets, university purchases, employees, students, and visitors which created nearly 25,000 jobs. This direct spending in turn induced over $1.2 billion in additional local spending and employment.

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    Source: Quinnipiac University

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    The university had a total economic impact of over $3 billion on the local economy. It spent over $1.9 billion directly through capital assets, university purchases, employees, students, and visitors which created nearly 25,000 jobs. This direct spending in turn induced over $1.2 billion in additional local spending and employment.

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    © All Rights Reserved
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    3K views1 page

    QU Econ Impact 2019

    Uploaded by

    Helen Bennett
    The university had a total economic impact of over $3 billion on the local economy. It spent over $1.9 billion directly through capital assets, university purchases, employees, students, and visitors which created nearly 25,000 jobs. This direct spending in turn induced over $1.2 billion in additional local spending and employment.

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    © All Rights Reserved
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    Economic Impact $3,119,278,347

    The total economic impact of a university can be measured in terms of the direct
    and induced economic impact of a university’s activity on the local economy.

    TOTAL DIRECT SPENDING I NDUCED S PENDING


    $ 1,911,673,927 $ 1,207,604,420
    Direct spending is defined as the The induced economic impact is
    amount of money spent directly by the additional employment and
    the university, university expenditures of local industries that
    employees, students, and visitors. result because of direct spending.

    Quinnipiac
    University
    brings opportunity
    Direct Spending Direct Spending Direct Spending to the region
    by Employees by Students by Visitors
    $178,954,269 $97,490,184 $106,894,000 24,978
    JOBS CREATED

    University Capital Assets


    Purchases (5 year average) Connecticut is home to
    $59,817,526 $1,221,296,347
    22,663
    ALUMNI
    Prepared by: The Connecticut Conference of Independent Colleges
    Source: Connecticut Independent College and University Institute for Research and Public Service, Inc., Economic Impact Study, 2019

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